{"id":2411,"date":"2025-10-27T18:29:35","date_gmt":"2025-10-28T01:29:35","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2411"},"modified":"2025-10-27T18:29:35","modified_gmt":"2025-10-28T01:29:35","slug":"hoan-thue-giao-dich-lien-ket","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/","title":{"rendered":"Related Transaction Tax Refund: Opportunity for businesses to receive back billions of dong from Corporate Income Tax"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Tax refund <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/tong-quan-giao-dich-lien-ket-2025\/\"><span style=\"font-weight: 400;\">affiliate transactions<\/span><\/a><span style=\"font-weight: 400;\"> is becoming the focus of the business community when more than 1,000 businesses are expected to refund nearly VND 5,000 billion according to the new direction of the Government and the Ministry of Finance. This policy not only removes obstacles in interest costs in related-party transactions, but also opens up opportunities to help businesses optimize tax obligations and improve cash flow in 2025. The following article comprehensively analyzes the legal basis, conditions for tax refunds and practical implementation steps so that businesses can promptly grasp and comply with new regulations.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Hoan_thue_giao_dich_lien_ket_la_gi\" >What is a related transaction tax refund?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Vi_sao_doanh_nghiep_duoc_hoan_thue_giao_dich_lien_ket\" >Why are businesses refunded tax on related transactions?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Chinh_sach_van_ban_huong_dan_duoc_sua_doi_hoac_hoi_to\" >Revised or retroactive policies and guidance documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Xac_dinh_lai_ban_chat_giao_dich_lien_ket_nguyen_tac_giao_dich_doc_lap\" >Redefining the nature of related transactions (independent transaction principle)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Quy_dinh_ve_chi_phi_lai_vay_va_cach_ap_dung_co_chuyen_bien\" >Regulations on interest expenses and their application are changing<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Thuc_trang_doanh_nghiep_bi_%E2%80%9Cdanh_thue_chong_thue%E2%80%9D_khi_co_giao_dich_lien_ket\" >The reality of businesses being &quot;taxed on top of tax&quot; when having related party transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Nguyen_nhan_phap_ly_va_thuc_tien_dan_toi_tinh_trang_nay\" >Legal and practical reasons leading to this situation<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Quy_dinh_ve_chi_phi_lai_vay_va_cong_thuc_khong_che_Nghi_dinh_1322020\" >Regulations on interest expenses and control formula Decree 132\/2020<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Thieu_minh_bach_xac_dinh_%E2%80%9Cben_lien_ket%E2%80%9D_va_gia_giao_dich\" >Lack of transparency in identifying \u201crelated parties\u201d and transaction prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Sua_doi_hoi_to_quy_dinh\" >Amendment, retroactive regulation\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Dieu_kien_de_duoc_hoan_thue_giao_dich_lien_ket\" >Conditions for refund of related transaction tax<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Da_nop_thue_trong_cac_ky_2017%E2%80%932018\" >Taxes paid in 2017\u20132018<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Co_giao_dich_lien_ket_lien_quan\" >There are related transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Dap_ung_%E2%80%9Cquy_dinh_hoi_to%E2%80%9D_hoac_co_so_phap_ly_cho_hoan\" >Meet the \u201cretroactivity requirement\u201d or legal basis for the<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Quy_trinh_thuc_hien_hoan_thue_giao_dich_lien_ket\" >Procedure for implementing tax refund for related transactions<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Buoc_1_Ra_soat_toan_bo_giao_dich_lien_ket_giai_doan_2017_%E2%80%93_2018\" >Step 1: Review all related transactions in the period 2017 - 2018<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Buoc_2_Kiem_tra_chi_phi_lai_vay_va_ty_le_duoc_tru\" >Step 2: Check interest expenses and deductible percentages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Buoc_3_Lap_Ho_so_xac_dinh_gia_giao_dich_lien_ket\" >Step 3: Prepare a dossier to determine the price of related transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Buoc_4_Nop_ho_so_va_ghi_nhan_hoan_thue_giao_dich_lien_ket\" >Step 4: Submit application and record related transaction tax refund<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/hoan-thue-giao-dich-lien-ket\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Hoan_thue_giao_dich_lien_ket_la_gi\"><\/span><b>What is a related transaction tax refund?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Refund of related party transaction tax is the tax authority&#039;s refund of the corporate income tax (CIT) that the enterprise has overpaid or had its tax adjusted higher due to incorrect application of related party transaction regulations in previous periods. Simply put, this is the amount of tax &quot;returned&quot; to the enterprise when the management agency determines that the cost control, especially interest expenses between related parties, is not consistent with reality or the policy has been amended.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/chinhphu.vn\/default.aspx?pageid=27160&amp;docid=188522\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 20\/2017\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\"> and later <\/span><a href=\"https:\/\/vanban.chinhphu.vn\/default.aspx?pageid=27160&amp;docid=201522\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/vanban.chinhphu.vn\/?pageid=27160&amp;docid=212716\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\">Enterprises with related-party transactions are limited to deducting interest expenses up to 30% EBITDA. However, in the period 2017 - 2018, many enterprises were charged higher taxes than actual due to this regulation. After reviewing, the Government and the Ministry of Finance allowed retroactive tax and refund of overpaid tax, estimated at nearly 5,000 billion VND for more than 1,000 enterprises.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, transfer pricing refund is not only a financial policy to support businesses, but also a necessary adjustment to ensure tax fairness and transparency in transfer pricing management according to international standards (BEPS and OECD).<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Vi_sao_doanh_nghiep_duoc_hoan_thue_giao_dich_lien_ket\"><\/span><b>Why are businesses refunded tax on related transactions?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A refund of related-party transaction tax occurs when the tax authority refunds the amount of corporate income tax that an enterprise has overpaid or misdetermined due to the application of regulations on related-party transactions (especially related to interest expenses). There are several main reasons why the State decides to refund tax to an enterprise:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Chinh_sach_van_ban_huong_dan_duoc_sua_doi_hoac_hoi_to\"><\/span><b>Revised or retroactive policies and guidance documents<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">When the State agency amends the guiding documents or issues a Decree allowing retroactivity of certain regulations, enterprises that have paid taxes according to the old understanding may be refunded the overpaid tax.\u00a0<\/span><\/p>\n<p><b>For example<\/b><span style=\"font-weight: 400;\">: The request to review and retroactively pay interest expenses for 2017-2018 led to the decision to refund nearly VND4,875 billion to more than 1,000 businesses.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Xac_dinh_lai_ban_chat_giao_dich_lien_ket_nguyen_tac_giao_dich_doc_lap\"><\/span><b>Redefining the nature of related transactions (independent transaction principle)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">When conducting an inspection or examination, the tax authority may adjust the price of related-party transactions according to the arm&#039;s-length principle. If a transaction between related parties was previously determined to reduce taxable income (e.g., interest-free loans, internal transfer pricing), but later the management authority determines otherwise, leading to the enterprise being incorrectly taxed. Because of that, the enterprise may be refunded the excess tax.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Quy_dinh_ve_chi_phi_lai_vay_va_cach_ap_dung_co_chuyen_bien\"><\/span><b>Regulations on interest expenses and their application are changing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">A common source of tax disputes related to related party transactions is non-deductible or limited interest expenses (e.g., a percentage limit on EBITDA). If, after a review of the law or applicable guidance, there is an adjustment (e.g., allowing interest expenses to be carried forward, or changing the calculation method), the enterprise that was previously required to pay tax may be refunded. Relevant documents (Decree 132\/2020\/ND-CP and recent amendments such as Decree 20\/2025\/ND-CP) and many guiding documents have clarified this mechanism.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Transfer pricing refunds occur mainly due to changes or clarifications in policies, adjustments to the application of regulations on interest expenses and the determination of related-party transactions, or errors in tax assessment or declaration are discovered and corrected. Enterprises with related-party transactions should promptly review their records (especially interest expenses), standardize documents, and contact tax experts to determine the possibility of refund and implementation procedures.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thuc_trang_doanh_nghiep_bi_%E2%80%9Cdanh_thue_chong_thue%E2%80%9D_khi_co_giao_dich_lien_ket\"><\/span><b>The reality of businesses being &quot;taxed on top of tax&quot; when having related party transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Transfer pricing refunds and recent refund decisions reflect a reality: many Vietnamese enterprises in the past have been double-taxed due to the application of regulations on related-party transactions, especially the restriction on interest expenses, which resulted in additional corporate income tax payments, and now some of these amounts are considered for refund.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Double taxation here is understood as the situation where an enterprise is taxed multiple times or has its costs controlled, leading to increased tax obligations compared to commercial reality, due to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The mechanism of re-determining transfer pricing increases taxable income;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The interest expense limit provision makes the excluded portion of the expense non-deductible, increasing taxable income;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lack of clear guidance, different retrospective application between periods causes the same transaction to be treated differently in tax periods.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Nguyen_nhan_phap_ly_va_thuc_tien_dan_toi_tinh_trang_nay\"><\/span><b>Legal and practical reasons leading to this situation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To understand why many businesses are caught in a situation of cost control, overpayment and waiting for refunds of related-party transaction tax, it is necessary to deeply analyze the legal and practical reasons behind this policy. The following factors show that the complexity in the tax calculation mechanism, determining related-party transactions and the retroactive application of regulations have directly led to the situation of &quot;tax on tax&quot; that many businesses are facing.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Quy_dinh_ve_chi_phi_lai_vay_va_cong_thuc_khong_che_Nghi_dinh_1322020\"><\/span><b>Regulations on interest expenses and control formula Decree 132\/2020<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP has set out the principle of limiting the total deductible interest expense to a ratio (usually 30%) of an EBITDA equivalent formula. When a business has many linked loans, the interest portion exceeding this level will not be deductible, leading to increased taxable income.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Thieu_minh_bach_xac_dinh_%E2%80%9Cben_lien_ket%E2%80%9D_va_gia_giao_dich\"><\/span><b>Lack of transparency in identifying \u201crelated parties\u201d and transaction prices<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The determination of related-party relationships is unclear, many businesses are identified as having related-party transactions after tax authorities review, so the costs that were once accepted are now adjusted. This can easily lead to a valid transaction being \u201crecalculated\u201d many times over the periods.\u00a0<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Sua_doi_hoi_to_quy_dinh\"><\/span><b>Amendment, retroactive regulation<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">When the State agency amends and supplements the Decree (Decree 20\/2025\/ND-CP amends and supplements Decree 132\/2020\/ND-CP), there are provisions for the transfer or retroactivity of some loan interest expenses in previous years. This can both pave the way for tax refunds and make other businesses worry about the possibility of collection or reverse adjustment (complexity in applying the transitional provisions).\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dieu_kien_de_duoc_hoan_thue_giao_dich_lien_ket\"><\/span><b>Conditions for refund of related transaction tax<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To be approved by the tax authority for a refund of related-party transaction tax, businesses need to pay attention to the following specific points:<\/span><\/p>\n<figure id=\"attachment_2413\" aria-describedby=\"caption-attachment-2413\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2413\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket.jpg\" alt=\"\u0110i\u1ec1u ki\u1ec7n \u0111\u1ec3 \u0111\u01b0\u1ee3c ho\u00e0n thu\u1ebf giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Dieu-kien-de-duoc-hoan-thue-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2413\" class=\"wp-caption-text\">Conditions for refund of related transaction tax<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Da_nop_thue_trong_cac_ky_2017%E2%80%932018\"><\/span><b>Taxes paid in 2017\u20132018<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Many enterprises have paid higher corporate income tax than the actual amount due to the regulation on controlling interest expenses in related-party transactions under Decree 20\/2017\/ND-CP. When the regulation is adjusted, these overpaid taxes will be considered for refund, creating an opportunity for enterprises to request refunds of related-party transaction tax according to the guidance of the tax authority.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Only taxes that have been actually overpaid or incorrectly assessed in these periods are eligible for refund consideration. The \u201cpaid\u201d must be evidenced by original tax returns, tax receipts, or tax assessment or adjustment decisions from the tax authorities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Make a list of declarations, tax determination decisions, and tax payment receipts corresponding to 2017-2018; clearly mark the amount paid and the reason for payment (which amount is related to related party transactions).<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Co_giao_dich_lien_ket_lien_quan\"><\/span><b>There are related transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">For enterprises with related-party transactions, consideration for refund of related-party transaction tax is only carried out when fully meeting the conditions of declaration, proof and transparency of records as prescribed by the Ministry of Finance. This is the legal basis for tax authorities to accurately determine the amount of overpaid tax.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Related party transactions are not only internal debts, but also include all forms of service provision, goods transfer, loans\/guarantees between legal entities with a controlling or related relationship according to law. Tax authorities will focus on reviewing loan interest between related parties, purchase and sale prices, and internal service fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Make a detailed list of each related transaction (who, when, value, contract basis, cash flow), clearly distinguishing between bank loans (commercial loans) and loans from the parent company.<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Dap_ung_%E2%80%9Cquy_dinh_hoi_to%E2%80%9D_hoac_co_so_phap_ly_cho_hoan\"><\/span><b>Meet the \u201cretroactivity requirement\u201d or legal basis for the<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">When the enterprise meets the retroactive regulations and legal basis for tax refund, the tax authority will consider the refund of related party transaction tax based on records, documents and specific conditions according to the guidance of the Ministry of Finance. This retroactive application aims to overcome shortcomings in the 2017-2018 period, ensuring fairness, transparency and the true nature of corporate income tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To be considered for refund, businesses need to prepare and meet the following criteria:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Applicable legal basis: According to Decree 68\/2020\/ND-CP and instructions in Official Dispatch 2835\/TCT-CS of the General Department of Taxation on retroactive handling of loan interest expenses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Refund scope: Only applicable to overpaid tax due to controlling interest expenses exceeding 30% EBITDA in the 2017 - 2018 tax period.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Retroactive conditions: The enterprise has declared and settled taxes on time and has complete and valid transfer pricing records.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supporting documents: Including adjusted declaration, audited financial statements, related party transaction records and documents proving the retroactive expenses.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Once a business has fully met the conditions for a refund of related-party transaction tax, the next step is to carry out the refund process in a standardized and transparent manner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This process not only ensures the legitimate rights of businesses but also helps limit the risk of being charged or having your application rejected during the post-completion inspection process.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Quy_trinh_thuc_hien_hoan_thue_giao_dich_lien_ket\"><\/span><b>Procedure for implementing tax refund for related transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Below are the detailed steps that businesses need to take to complete the related-party transaction tax refund procedure in accordance with regulations:<\/span><\/p>\n<figure id=\"attachment_2414\" aria-describedby=\"caption-attachment-2414\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2414\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh.jpg\" alt=\"Quy tr\u00ecnh 4 b\u01b0\u1edbc ho\u00e0n thu\u1ebf giao d\u1ecbch li\u00ean k\u1ebft theo h\u01b0\u1edbng d\u1eabn c\u1ee7a B\u1ed9 T\u00e0i ch\u00ednh\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Quy-trinh-4-buoc-hoan-thue-giao-dich-lien-ket-theo-huong-dan-cua-Bo-Tai-chinh-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2414\" class=\"wp-caption-text\">4-step process for refunding related-party transaction tax according to the guidance of the Ministry of Finance<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_1_Ra_soat_toan_bo_giao_dich_lien_ket_giai_doan_2017_%E2%80%93_2018\"><\/span><b>Step 1: Review all related transactions in the period 2017 - 2018<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">First, businesses need to review all related transactions that occurred in the period 2017 - 2018. The review helps to determine exactly which transactions related to interest expenses, management expenses or internal financial expenses are likely to be refunded for related transaction tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At this step, businesses should collect transfer pricing documents, financial reports, loan contracts, and internal documents to ensure transparency and consistency with the provisions of Decree 20\/2017\/ND-CP and Decree 68\/2020\/ND-CP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A small mistake such as not fully declaring related party information or not proving the market nature of the loan interest can cause the tax refund application to be rejected.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_2_Kiem_tra_chi_phi_lai_vay_va_ty_le_duoc_tru\"><\/span><b>Step 2: Check interest expenses and deductible percentages<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This step plays a central role in the related party transaction tax refund process, especially for businesses with internal loans from related parties or parent companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enterprises need to re-check the interest expense control ratio according to regulations at each stage:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2017 - 2018 period: Control interest expenses not to exceed 20% EBITDA.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After Decree 68\/2020\/ND-CP takes effect: The ratio is raised to 30% EBITDA, and allows retroactive application for 2017 and 2018 if the enterprise meets the conditions.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If the interest expense previously excluded exceeds 20% but is now allowed to be retroactively increased to 30%, the enterprise can readjust its taxable income, thereby generating an excess corporate income tax amount that needs to be refunded.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_3_Lap_Ho_so_xac_dinh_gia_giao_dich_lien_ket\"><\/span><b>Step 3: Prepare a dossier to determine the price of related transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">After determining the retroactive cost, the enterprise needs to prepare or update the transfer pricing documentation (TP Documentation) according to the form and instructions in the appendix of Decree 20\/2017\/ND-CP and the guiding documents of the General Department of Taxation.<\/span><\/p>\n<figure id=\"attachment_2415\" aria-describedby=\"caption-attachment-2415\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2415\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket.jpg\" alt=\"L\u1eadp H\u1ed3 s\u01a1 x\u00e1c \u0111\u1ecbnh gi\u00e1 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Lap-Ho-so-xac-dinh-gia-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2415\" class=\"wp-caption-text\">Prepare a dossier to determine the price of related transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This document is the mandatory legal basis for the tax authority to consider the reasonableness of the refund.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"> A complete application should include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Information about related parties and nature of transactions;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Independent comparative analysis (Benchmarking) to demonstrate market-appropriate loan interest rates;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Financial statements, loan agreements, and adjusted cost spreadsheets.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Enterprises should coordinate with tax consultants or auditors experienced in related-party transactions to ensure that the documents fully meet the standards of transparency, legality and reliability.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_4_Nop_ho_so_va_ghi_nhan_hoan_thue_giao_dich_lien_ket\"><\/span><b>Step 4: Submit application and record related transaction tax refund<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">After completing the dossier, the enterprise submits the adjusted dossier or tax refund request to the direct tax authority.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tax authority will conduct an inspection, verification and decide to refund the related-party transaction tax if the dossier is valid. Processing time usually lasts from 30 to 60 days depending on the nature and scale of the business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fully complying with the above 4 steps not only helps businesses optimize cash flow and recover overpaid capital, but also demonstrates professionalism and transparency in tax administration and related-party transactions.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the context of tax authorities increasingly tightening transfer pricing management, proactively reviewing and implementing refunds of related-party transaction taxes not only helps businesses recover overpaid capital, but also demonstrates professional tax compliance and management capacity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each tax refund dossier is a test of the transparency and legal understanding of the enterprise. When carefully prepared from the transaction records, loan interest documents, to the valuation report. The enterprise will not only be refunded correctly and fully, but also build a solid trust with the tax authority.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information <\/b><a href=\"https:\/\/man.net.vn\/dich-vu-chuyen-gia\/\" rel=\"nofollow noopener\" target=\"_blank\"><b>MAN \u2013 Master Accountant Network<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile \/ Zalo: 0903 428 622 (Ms. Ngan)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">E-mail: <\/span><a href=\"mailto:man@man.net.vn\"><span style=\"font-weight: 400;\">man@man.net.vn<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: right;\"><b>Editorial Board: MAN \u2013 Master Accountant Network<\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Ho\u00e0n thu\u1ebf giao d\u1ecbch li\u00ean k\u1ebft \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m c\u1ee7a c\u1ed9ng \u0111\u1ed3ng doanh nghi\u1ec7p khi h\u01a1n 1.000 doanh nghi\u1ec7p \u0111\u01b0\u1ee3c d\u1ef1 ki\u1ebfn ho\u00e0n g\u1ea7n 5.000 t\u1ef7 \u0111\u1ed3ng theo ch\u1ec9 \u0111\u1ea1o m\u1edbi c\u1ee7a Ch\u00ednh ph\u1ee7 v\u00e0 B\u1ed9 T\u00e0i ch\u00ednh. Ch\u00ednh s\u00e1ch n\u00e0y kh\u00f4ng ch\u1ec9 th\u00e1o g\u1ee1 v\u01b0\u1edbng m\u1eafc v\u1ec1 chi ph\u00ed l\u00e3i vay trong [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=2411"}],"version-history":[{"count":1,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2411\/revisions"}],"predecessor-version":[{"id":2416,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2411\/revisions\/2416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2412"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}