{"id":2513,"date":"2025-11-20T00:14:13","date_gmt":"2025-11-20T07:14:13","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2513"},"modified":"2026-04-13T11:55:40","modified_gmt":"2026-04-13T04:55:40","slug":"cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/","title":{"rendered":"How to calculate interest expenses according to Decree 132: What do businesses need to know?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">How to calculate <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-trong-giao-dich-lien-ket\/\">interest expense<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> According to Decree 132, it is always a topic that makes many accountants and financial experts have a headache, especially in the context of tax authorities increasingly tightening the management of related-party transactions and controlling loan interest expenses. If businesses are looking for an accurate, highly practical and legally compliant guide, the content below is built according to standards that will help you understand correctly, do it correctly and minimize risks. The article fully summarizes the legal foundation, the formula for calculating EBITDA according to the specific provisions of Decree 132\/2020\/ND-CP and how to handle the controlled loan interest, helping businesses avoid mistakes that can lead to billions of dong in arrears. Let&#039;s go into the detailed analysis, easy to understand and can be applied immediately to your business.<\/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' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Tam_quan_trong_cua_viec_nam_vung_cach_tinh_chi_phi_lai_vay_theo_Nghi_dinh_132\" >T\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c n\u1eafm v\u1eefng c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Nen_tang_phap_ly_cua_chi_phi_lai_vay_duoc_tru\" >Legal basis of deductible interest expenses<\/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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Xac_dinh_doanh_nghiep_co_giao_dich_lien_ket\" >Identify businesses with related transactions<\/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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Nguyen_tac_%E2%80%9Cmong_von%E2%80%9D\" >The principle of &quot;thin capital&quot;\u00a0<\/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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Pham_vi_ap_dung_cua_Quy_dinh_khong_che\" >Scope of application of the Control Regulations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Cac_truong_hop_duoc_loai_tru_khoi_Quy_dinh_khong_che\" >Cases excluded from the Control Regulations<\/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-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Cong_thuc_vang_han_che_chi_phi_lai_vay_30_EBITDA\" >The golden formula to limit interest expenses (30% EBITDA)<\/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-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Y_nghia_cong_thuc\" >Meaning of the formula<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Cac_tham_so_quan_trong_trong_cach_tinh_chi_phi_lai_vay_theo_Nghi_dinh_132\" >Important parameters in calculating interest costs according to Decree 132<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Chi_phi_lai_vay_thuan\" >Net interest expense\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Cach_tinh_EBITDA_theo_Nghi_dinh_132\" >How to calculate EBITDA according to Decree 132<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Quy_trinh_xac_dinh_chi_phi_lai_vay_duoc_tru\" >Procedure for determining deductible interest expenses<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Buoc_1_Tinh_chi_phi_thuan\" >Step 1: Calculate net cost<\/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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Buoc_2_Tinh_muc_gioi_han\" >Step 2: Calculate the limit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Buoc_3_So_sanh_va_xac_dinh_chi_phi_lai_vay_duoc_tru\" >Step 3: Compare and determine deductible interest expenses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Buoc_4_Xac_dinh_chi_phi_lai_vay_khong_duoc_tru\" >Step 4: Determine non-deductible interest expenses<\/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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Buoc_5_Xu_ly_phan_chi_phi_khong_duoc_tru\" >Step 5: Deal with non-deductible expenses\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Vi_du_minh_hoa_chi_tiet_ve_cach_tich_chi_phi_lai_vay_theo_Nghi_dinh_132\" >Detailed illustration on how to calculate interest expenses according to Decree 132<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Truong_hop_2_Chi_phi_lai_vay_vuot_nguong\" >Case 2: Interest expense exceeds threshold<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Xu_ly_chi_phi_lai_vay_khong_duoc_tru\" >Handling of non-deductible interest expenses\u00a0<\/a><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\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Quy_tac_chuyen_chi_phi_lai_vay\" >Interest expense transfer rules\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Han_che_cua_viec_chuyen_tiep\" >Limitations of forwarding<\/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-23\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cach-tinh-chi-phi-lai-vay-theo-nghi-dinh-132\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Tam_quan_trong_cua_viec_nam_vung_cach_tinh_chi_phi_lai_vay_theo_Nghi_dinh_132\"><\/span><b>T\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c n\u1eafm v\u1eefng c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_3780\" aria-describedby=\"caption-attachment-3780\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3780\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132.jpg\" alt=\"T\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u00eac n\u1eafm v\u1eefng c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Tam-quan-trong-cua-viec-nam-vung-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-3780\" class=\"wp-caption-text\">T\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u00eac n\u1eafm v\u1eefng c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Determining the correct deductible interest expense when calculating corporate income tax (CIT) is not only a matter of compliance with the law but also a key measure to manage tax risks and optimize reasonable costs. If you miscalculate just one small parameter in the formula, your business may face the risk of being collected by the tax authority, fined for late payment or even having its tax assessed.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nen_tang_phap_ly_cua_chi_phi_lai_vay_duoc_tru\"><\/span><b>Legal basis of deductible interest expenses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Before delving into how to calculate interest expenses under Decree 132, businesses need to clearly understand the context and core principles of this regulation.<\/span><a href=\"https:\/\/vanban.chinhphu.vn\/default.aspx?pageid=27160&amp;docid=201522\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\"> Decree 132\/2020\/ND-CP<\/span><\/strong><\/span><\/a><span style=\"font-weight: 400;\"> (effective from December 20, 2020, applicable to corporate income tax calculation period from 2020) was issued to replace <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/chinhphu.vn\/default.aspx?pageid=27160&amp;docid=188522\" rel=\"nofollow noopener\" target=\"_blank\">Decree 20\/2017\/ND-CP<\/a><\/span><\/strong><span style=\"font-weight: 400;\">, the main goal is to manage taxes for businesses with related-party transactions, also known as anti-transfer pricing (Anti-Base Erosion and Profit Shifting \u2013 BEPS).<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Xac_dinh_doanh_nghiep_co_giao_dich_lien_ket\"><\/span><b>Identify businesses with related transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Controlling interest expenses under Decree 20\/2017\/ND-CP (the predecessor of Decree 132) only applies to related-party transactions. However, Decree 132 has expanded the scope of regulation, but first, enterprises must determine whether their enterprise is a subject of related-party transactions or not.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Article 5 of Decree 132\/2020\/ND-CP, related party transactions are transactions between related parties. There are 9 criteria for determining related parties (related parties) that businesses need to pay special attention to:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>B\u1ea3ng: T<\/b><span style=\"font-weight: 400;\">i\u00eau ch\u00ed x\u00e1c \u0111\u1ecbnh c\u00e1c B\u00ean c\u00f3 quan h\u1ec7 li\u00ean k\u1ebft.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria group<\/b><\/td>\n<td style=\"text-align: center;\"><b>Detailed description of the relationship definition<\/b><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"3\"><span style=\"font-weight: 400;\">Capital criteria<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Direct or indirect control: One party participates directly or indirectly in the management, control, capital contribution or investment of the other party.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Same third party control: Two or more parties are directly or indirectly controlled or directed by a third party.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Third-party capital: At least 20% of the equity of each enterprise is held directly or indirectly by the same third party.<\/span><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><span style=\"font-weight: 400;\">Operational and personnel criteria<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Joint Board of Directors: Two or more 50% enterprises have a number of board members or individuals with the right to decide financial and business policies appointed by the same third party.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Personnel connection, family relationship: There is a family relationship (wife, husband, father, mother, children, siblings) or there is a husband-wife relationship between the Board of Directors of both sides.<\/span><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"4\"><span style=\"font-weight: 400;\">Financial and Business Criteria<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Borrowing or Guaranteeing: One party guarantees or lends to the other party with a loan accounting for 25% or more of the contributed capital and accounting for more than 50% of the total medium and long-term debt of the borrower.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dominant supply source: One party supplying raw materials\/supplies\/services accounts for more than 50% of the total value of raw materials, supplies and services of the same type of the other party.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Control of technology: One party controls the technology, production or exclusive products, services, or purchases or sales that account for more than 50% of each party&#039;s total revenue or expenses.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Business contracts account for a large proportion: Transactions arising between two parties account for 50% of the total transaction value of each party in the period.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Determining related party transactions is the first and most important step to know whether you need to calculate interest expenses according to Decree 132 or not. This is also the step to answer the question of how to calculate related party transactions according to Decree 132.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Nguyen_tac_%E2%80%9Cmong_von%E2%80%9D\"><\/span><b>The principle of &quot;thin capital&quot;<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Decree 132 limits the deductibility of interest expenses to address the problem of \u201cthin capitalization\u201d. This phenomenon occurs when multinational corporations deliberately increase borrowings (from related parties) and reduce equity in high-tax countries, in order to transfer profits out of that country in the form of interest expenses, thereby reducing profits subject to corporate income tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This principle sets a specific limit, based on a percentage of profit, to determine the deductible interest expense under Decree 132.<\/span><\/p>\n<blockquote><p><strong>Reference: <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-tu-van-giao-dich-lien-ket\/\">D\u1ecbch v\u1ee5 t\u01b0 v\u1ea5n giao d\u1ecbch li\u00ean k\u1ebft.<\/a><\/span><\/strong><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"Pham_vi_ap_dung_cua_Quy_dinh_khong_che\"><\/span><b>Scope of application of the Control Regulations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This is the key and often confusing change:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Limitation: The 30% control level applies to the total net interest expense incurred during the period by the enterprise, including loan transactions with related parties and loan transactions with independent parties (except for exclusions).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Purpose: To ensure fairness and combat transfer pricing more effectively. Therefore, if a business has related-party transactions, the entire interest expense of the business will be limited.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Although the regulation on controlling interest expenses is widely applied to enterprises with related-party transactions, the law still recognizes a number of exceptions to ensure fairness and reflect the true nature of financial activities. Therefore, enterprises need to clearly understand the cases that are excluded from the control regulation according to Point d, Clause 3, Article 16 to accurately assess their obligations.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Cac_truong_hop_duoc_loai_tru_khoi_Quy_dinh_khong_che\"><\/span><b>Cases excluded from the Control Regulations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">To avoid affecting normal production and business activities, Decree 132 stipulates that in some cases, interest expenses will not be controlled by the 30% EBITDA threshold. This helps reduce the burden of calculation and compliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uncontrolled interest expenses 30% include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loans from Commercial Banks or Credit Institutions: Interest expenses arising from loans from these organizations in Vietnam. This is the most important relaxation compared to previous regulations, aiming to encourage businesses to borrow capital domestically.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ODA loans, Government capital: Loans to implement the Government&#039;s national target programs (ODA capital, preferential loans of the Government).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loans for implementing key programs and projects: Loans to implement programs and projects to invest in developing infrastructure, social housing, and commercial housing for resettlement.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If the enterprise only has loans in this excluded group (and no other controlled loans), the calculation of interest expenses under Decree 132 will become much simpler, so the deductible interest expenses will follow the general provisions of the Law on Corporate Income Tax.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cong_thuc_vang_han_che_chi_phi_lai_vay_30_EBITDA\"><\/span><b>The golden formula to limit interest expenses (30% EBITDA)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This is the core part, where the formula for calculating deductible interest expenses is deciphered and detailed instructions on how to calculate interest expenses according to Decree 132 most accurately.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Clause 3, Article 16 of Decree 132\/2020\/ND-CP, the total net interest expense after deducting deposit interest and loan interest arising during the period of the taxpayer is deductible when determining taxable income of CIT not exceeding 30% of total net profit from business activities in the period plus net interest expense plus depreciation expense in the period.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Y_nghia_cong_thuc\"><\/span><b>Meaning of the formula<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Deductible interest expense \u2264 Net interest expense (actual) \u2264 30% x (Net profit + Net interest expense + Depreciation expense)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">This formula shows the ceiling of interest expenses deductible when calculating corporate income tax, specifically:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enterprises can only deduct up to the actual net interest expense incurred, meaning they cannot deduct more than the actual interest paid.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Most importantly, the amount of net interest expense included in deductible expenses must not exceed 30% EBITDA.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Interest expense is only deductible if it is within the 30% EBITDA limit. Exceeding this limit will be excluded when calculating corporate income tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This formula aims to prevent profit shifting through borrowing and lending transactions between related parties. At the same time, it ensures financial transparency, limits businesses from padding borrowing costs to reduce taxes and accurately reflects the profitability of businesses.<\/span><\/p>\n<blockquote><p><strong>See also: <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/cong-thuc-tinh-lai-vay-giao-dich-lien-ket\/\">Formula for calculating interest on related-party transactions<\/a><\/span><\/strong><\/p><\/blockquote>\n<h3><span class=\"ez-toc-section\" id=\"Cac_tham_so_quan_trong_trong_cach_tinh_chi_phi_lai_vay_theo_Nghi_dinh_132\"><\/span><b>Important parameters in calculating interest costs according to Decree 132<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_3779\" aria-describedby=\"caption-attachment-3779\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3779\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132.jpg\" alt=\"C\u00e1c tham s\u1ed1 quan tr\u1ecdng trong c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Cac-tham-so-quan-trong-trong-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-3779\" class=\"wp-caption-text\">Important parameters in calculating interest costs according to Decree 132<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To understand how to calculate interest expenses according to Decree 132, businesses must accurately determine the following three parameters:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_thuan\"><\/span><b>Net interest expense<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Net interest expense is the actual interest expense that is controlled.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Net interest expense = Total interest expense incurred during the period \u2013 Total interest<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">In there:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest Expense: Is the total interest expense recorded in the period (except for capitalized interest expense).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deposit interest and loan interest: Income from deposit interest (including term and non-term deposits) and interest from business lending, arising during the period.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If Net Interest Expense is less than zero, meaning that the business has interest income greater than interest expense, the 30% control limit will not apply (the Decree stipulates the limit for expenses, not income). However, businesses still need to calculate EBITDA to ensure compliance.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Cach_tinh_EBITDA_theo_Nghi_dinh_132\"><\/span><b>How to calculate EBITDA according to Decree 132<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This is the most complex parameter and is different from the traditional way of calculating EBITDA in financial accounting.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBITDA = Operating Profit + Net Interest Expense + Depreciation Expense<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">To correctly determine the 30% EBITDA limit as prescribed by Decree 132, businesses need to clearly understand each component of this indicator and how to get accurate data on the financial report. The table below summarizes the indicators, data sources and the meaning of each component, helping businesses avoid confusion and apply the formula accurately.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Explain the component indicators from the Income Statement.\u00a0<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Ingredient<\/b><\/td>\n<td style=\"text-align: center;\"><b>According to the Business Results Report<\/b><\/td>\n<td style=\"text-align: center;\"><b>Explain<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Net operating profit<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Code 21 (Pre-tax accounting profit)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Code 22 (Current corporate income tax expense)<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Usually understood as Profit before tax (Code 21), but must be adjusted for other non-operating income or expenses. In fact, it should be taken as Profit from operating activities (Code 20) and adjusted for additional factors.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Net interest expense<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Calculated by the formula Net Interest Expense<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Interest expense after offsetting interest income.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Depreciation expense<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Is the sum of fixed asset depreciation costs and long-term asset allocation costs.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Figures on accounting books.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Important Note on Net Operating Profit:<\/b><span style=\"font-weight: 400;\"> This parameter is determined by accounting profit before corporate income tax (Code 21 on the Business Performance Report), then excluding income or expenses not related to business activities (for example, profit or loss from selling fixed assets, profit or loss from liquidation of assets). The purpose is to calculate EBITDA only from the core business production activities of the enterprise.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quy_trinh_xac_dinh_chi_phi_lai_vay_duoc_tru\"><\/span><b>Procedure for determining deductible interest expenses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Apply the method of calculating interest costs according to Decree 132 in the following 5 steps:<\/span><\/p>\n<figure id=\"attachment_3778\" aria-describedby=\"caption-attachment-3778\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3778\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1.jpg\" alt=\"H\u01b0\u1edbng d\u1eabn c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/11\/Huong-dan-cach-tinh-chi-phi-lai-vay-theo-Nghi-dinh-132-1-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-3778\" class=\"wp-caption-text\">Instructions on how to calculate interest costs according to Decree 132<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_1_Tinh_chi_phi_thuan\"><\/span><b>Step 1: Calculate net cost<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Use the net cost formula explained above.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_2_Tinh_muc_gioi_han\"><\/span><b>Step 2: Calculate the limit<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The maximum limit of net interest expense deductible when calculating corporate income tax will be determined according to the formula 30% EBITDA (Decree 132) with the following steps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Calculate EBITDA according to Decree 132 (apply the above formula)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Determine the maximum limit using the following formula:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Maximum limit = EBITDA x 30%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Note:<\/b><span style=\"font-weight: 400;\"> If EBITDA is negative or zero, the Maximum Limit is <\/span><b>0<\/b><span style=\"font-weight: 400;\">That is, the business is not allowed to deduct any net interest expenses.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_3_So_sanh_va_xac_dinh_chi_phi_lai_vay_duoc_tru\"><\/span><b>Step 3: Compare and determine deductible interest expenses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Deductible interest expense when calculating corporate income tax is the smaller of:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The business&#039;s net (actual) interest expense (calculated in Step 1).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maximum limit (calculated in Step 2).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Once the maximum allowable interest expense figure is determined, the next step is to calculate the excess interest expense (if any) to determine exactly how much of the non-deductible Interest Expense will be excluded from the allowable expense.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_4_Xac_dinh_chi_phi_lai_vay_khong_duoc_tru\"><\/span><b>Step 4: Determine non-deductible interest expenses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Determine non-deductible interest expense using the following formula:\u00a0<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Non-deductible interest expense = Net (actual) interest expense \u2013 Deductible interest expense (calculated in Step 3).<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">This non-deductible interest expense (exceeding the 30% EBITDA threshold) will not be eliminated entirely but will be allowed to be carried forward to be deducted from the taxable income of the following tax periods.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buoc_5_Xu_ly_phan_chi_phi_khong_duoc_tru\"><\/span><b>Step 5: Deal with non-deductible expenses\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Carry forward the non-deductible interest expense to the next corporate income tax period.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Vi_du_minh_hoa_chi_tiet_ve_cach_tich_chi_phi_lai_vay_theo_Nghi_dinh_132\"><\/span><b>Detailed illustration on how to calculate interest expenses according to Decree 132<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To clarify how to calculate deductible interest expense in related party transactions and other loans, consider the following scenario:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enterprise Z (with related party transactions) has 2025 figures such as interest expense of VND 200 billion, interest income of VND 50 billion, net profit from business operations of VND 800 billion and depreciation expense of VND 100 billion.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000; height: 280px;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Illustration of how to calculate interest expenses according to Decree 132.<\/span><\/caption>\n<tbody>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><b>Operation<\/b><\/td>\n<td style=\"text-align: center; height: 56px;\"><b>Result<\/b><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">Net interest expense\u00a0<\/span><\/td>\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">150 billion VND<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">Calculate EBITDA\u00a0<\/span><\/td>\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">1,050 billion VND<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">Maximum limit\u00a0<\/span><\/td>\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">315 billion VND<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">Deductible expenses<\/span><\/td>\n<td style=\"height: 56px; text-align: center;\"><span style=\"font-weight: 400;\">150 billion VND<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">In this case, the actual Net Interest Expense is 150 billion, which is less than the Limit of 315 billion. Enterprise Z is allowed to deduct the entire 150 billion Net Interest Expense when calculating CIT.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Truong_hop_2_Chi_phi_lai_vay_vuot_nguong\"><\/span><b>Case 2: Interest expense exceeds threshold<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Suppose the actual Net Interest Expense is 350 billion VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The maximum limit (Step 2) is still 315 billion VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deductible Interest Expense (Min): 315 billion VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-deductible Interest Expense (Over threshold) is 35 billion, this part will be handled by transferring interest expense according to Decree 132 to the next periods.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In Case 2, enterprise Z incurred non-deductible interest expense of VND 35 billion due to exceeding the threshold. So, how will the enterprise handle this excess expense to optimize tax obligations? The answer lies in the important regulation on transferring interest expense to the next tax periods.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Xu_ly_chi_phi_lai_vay_khong_duoc_tru\"><\/span><b>Handling of non-deductible interest expenses<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">One of the most humane and flexible points of Decree 132 is that it allows businesses to reserve and transfer non-deductible interest expenses to the next tax period. This helps to ease tax pressure in the first years of business or difficult years.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Quy_tac_chuyen_chi_phi_lai_vay\"><\/span><b>Interest expense transfer rules<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">According to the provisions of Decree 132\/2020\/ND-CP:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The portion of interest expense that is not deductible due to exceeding the 30% EBITDA limit will be carried forward to the next CIT period.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transfer period: No more than 05 years from the year following the year in which non-deductible interest expenses arise.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, this carryforward rule is not indefinite and the management of interest expense carryforward also has its own strict rules. Enterprises need to pay special attention to the limitations of interest expense carryforward to optimize the use of these losses and effectively manage tax risks.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Han_che_cua_viec_chuyen_tiep\"><\/span><b>Limitations of forwarding<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Despite its flexibility, the regulations on interest expense pass-through still have certain limitations that businesses need to be aware of, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the enterprise cannot use up the non-deductible interest expense within 05 years (from the year following the year of occurrence), the remaining amount will not be deducted from the taxable income of the following periods.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tracking and managing these transfers is extremely important for the accounting department.<\/span><\/li>\n<\/ul>\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;\">Vi\u1ec7c n\u1eafm r\u00f5 c\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132 kh\u00f4ng ch\u1ec9 gi\u00fap doanh nghi\u1ec7p tu\u00e2n th\u1ee7 ph\u00e1p lu\u1eadt, m\u00e0 c\u00f2n ch\u1ee7 \u0111\u1ed9ng ki\u1ec3m so\u00e1t r\u1ee7i ro thu\u1ebf v\u00e0 t\u1ed1i \u01b0u hi\u1ec7u qu\u1ea3 t\u00e0i ch\u00ednh. Khi s\u1ed1 li\u1ec7u \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh \u0111\u00fang ngay t\u1eeb \u0111\u1ea7u, doanh nghi\u1ec7p s\u1ebd tr\u00e1nh \u0111\u01b0\u1ee3c c\u00e1c \u0111i\u1ec1u ch\u1ec9nh b\u1ea5t l\u1ee3i trong qu\u00e1 tr\u00ecnh thanh tra ki\u1ec3m tra thu\u1ebf, \u0111\u1ed3ng th\u1eddi x\u00e2y d\u1ef1ng n\u1ec1n t\u1ea3ng b\u00e1o c\u00e1o minh b\u1ea1ch v\u00e0 b\u1ec1n v\u1eefng h\u01a1n.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">N\u1ebfu doanh nghi\u1ec7p c\u1ea7n r\u00e0 so\u00e1t giao d\u1ecbch li\u00ean k\u1ebft, ho\u1eb7c x\u00e2y d\u1ef1ng h\u1ed3 s\u01a1 theo chu\u1ea9n, <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lien-he\/\">li\u00ean h\u1ec7<\/a><\/span><\/strong> \u0111\u1ed9i ng\u0169 chuy\u00ean gia c\u1ee7a MAN &#8211; Master Accountant Network \u0111\u1ec3 \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 v\u00e0 t\u01b0 v\u1ea5n mi\u1ec5n ph\u00ed!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\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 963 163 \u2013 0903 428 622<\/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><span style=\"font-weight: 400;\">Content is moderated by:<\/span><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong> Mr. Le Hoang Tuyen<\/strong><\/a><\/span><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO of Man, CPA Vietnam Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>C\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 132 lu\u00f4n l\u00e0 ch\u1ee7 \u0111\u1ec1 khi\u1ebfn nhi\u1ec1u k\u1ebf to\u00e1n \u2013 t\u00e0i ch\u00ednh \u0111au \u0111\u1ea7u, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh c\u01a1 quan thu\u1ebf ng\u00e0y c\u00e0ng si\u1ebft ch\u1eb7t qu\u1ea3n l\u00fd giao d\u1ecbch li\u00ean k\u1ebft v\u00e0 kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay. N\u1ebfu doanh nghi\u1ec7p \u0111ang t\u00ecm m\u1ed9t h\u01b0\u1edbng [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2513","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\/2513","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=2513"}],"version-history":[{"count":3,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2513\/revisions"}],"predecessor-version":[{"id":3781,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2513\/revisions\/3781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/3777"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}