{"id":2988,"date":"2026-02-24T02:38:29","date_gmt":"2026-02-24T09:38:29","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2988"},"modified":"2026-02-24T02:38:29","modified_gmt":"2026-02-24T09:38:29","slug":"lo-trinh-chuyen-tiep-chi-phi-lai-vay","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/","title":{"rendered":"Transition roadmap for interest expense on related-party transactions."},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The transition roadmap for interest expense deductions in 2026 is becoming a focal point in corporate income tax management for businesses with related-party transactions. With the continuation of the legal framework from Decree 132\/2020\/ND-CP and its amendments in Decree 20\/2025\/ND-CP, the regulation on interest expense ceilings under Article 30% EBITDA is not only a technical declaration issue but also directly affects tax deduction rights and corporate cash flow. This article fully analyzes the 5-year principle, FIFO mechanism, the calculation of taxable EBITDA in 2026, and important new points to note so that businesses can maximize the carryforward capacity while minimizing risks during tax settlement and audits.<\/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\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Tong_quan_ve_quy_dinh_khong_che_chi_phi_lai_vay\" >Overview of regulations on limiting interest expense.<\/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\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Cong_thuc_tinh_EBITDA\" >Formula for calculating EBITDA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Doi_tuong_chiu_su_dieu_chinh\" >Subject to regulation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Ban_chat_cua_viec_chuyen_tiep_chi_phi_lai_vay\" >The nature of interest expense carryforward<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Diem_moi_dot_pha_tu_Nghi_dinh_202025ND-CP_tac_dong_den_nam_2026\" >The groundbreaking new points from Decree 20\/2025\/ND-CP impacting the year 2026.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Noi_long_dinh_nghia_%E2%80%9CBen_lien_ket%E2%80%9D_voi_to_chuc_tin_dung\" >Relaxing the definition of &quot;affiliated party&quot; for credit institutions.<\/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\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Co_che_%E2%80%9Cgiai_phong%E2%80%9D_lai_vay_ton_dong\" >Mechanism for &quot;releasing&quot; outstanding loan interest<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Chi_tiet_lo_trinh_chuyen_tiep_chi_phi_lai_vay_theo_quy_dinh\" >Details of the interest expense transition roadmap as per regulations.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Nguyen_tac_chuyen_tiep_5_nam\" >Five-year transition principle<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Thu_tu_uu_tien_va_phuong_phap_FIFO\" >Priority order and FIFO method<\/a><\/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\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Dieu_kien_can_va_du\" >Necessary and sufficient conditions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Huong_dan_cac_buoc_quyet_toan_thue_va_ket_chuyen_lai_vay_nam_2026\" >Instructions on the steps for settling taxes and carrying forward interest expenses for 2026.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Tuong_tac_giua_chuyen_tiep_lai_vay_va_Chuyen_lo\" >Interaction between Interest Transfer and Loss Transfer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Tinh_huong_thuc_te_ve_lo_trinh_chuyen_tiep_chi_phi_lai_vay\" >A real-world scenario regarding the interest expense transition roadmap.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Tinh_huong_1_Doanh_nghiep_tan_dung_da_tang_truong_de_%E2%80%9Cxoa_no%E2%80%9D_lai_vay\" >Situation 1: Businesses leverage growth momentum to &quot;write off&quot; interest payments.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Tinh_huong_2_Rui_ro_khi_sap_nhap_doanh_nghiep\" >Situation 2: Risks associated with business mergers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#Loi_khuyen_quan_tri_rui_ro\" >Risk management advice\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#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-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lo-trinh-chuyen-tiep-chi-phi-lai-vay\/#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<h2><span class=\"ez-toc-section\" id=\"Tong_quan_ve_quy_dinh_khong_che_chi_phi_lai_vay\"><\/span><b>Overview of regulations on limiting interest expense.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_2991\" aria-describedby=\"caption-attachment-2991\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2991\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket.jpg\" alt=\"L\u1ed9 tr\u00ecnh chuy\u1ec3n ti\u1ebfp chi ph\u00ed l\u00e3i vay theo quy \u0111\u1ecbnh kh\u1ed1ng ch\u1ebf 30% EBITDA trong giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-khong-che-30-EBITDA-trong-giao-dich-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2991\" class=\"wp-caption-text\">Transition roadmap for interest expense deductions under regulation 30% EBITDA in related-party transactions.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Before delving into the transition roadmap for deductible interest expenses, we need to understand the basis of this regulation. According to international best practices on base erosion and profit shifting (BEPS), Vietnam applies a ceiling on deductible interest expenses when determining corporate income tax.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cong_thuc_tinh_EBITDA\"><\/span><b>Formula for calculating EBITDA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">EBITDA is not just a number on a financial report, but EBITDA adjusted for tax purposes. The specific formula is:<\/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 = Net profit from business operations + Interest expense + Depreciation expense\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Note:<\/b><span style=\"font-weight: 400;\"> Interest expense here refers to the total interest expense incurred during the period, excluding interest on deposits and loans (this is a point that needs special attention to accurately determine the 30% threshold).<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Doi_tuong_chiu_su_dieu_chinh\"><\/span><b>Subject to regulation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This regulation applies to taxpayers with related-party relationships and related-party transactions. If a business falls under this category, the total deductible interest expense must not exceed the total net profit from business operations during the period plus interest expense and depreciation expense.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Ban_chat_cua_viec_chuyen_tiep_chi_phi_lai_vay\"><\/span><b>The nature of interest expense carryforward<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Many businesses are concerned that any interest expense exceeding the 30% limit will be &quot;lost.&quot; In reality, the law allows for a flexible carryover of interest expense. This excess amount will be considered a potential &quot;tax asset,&quot; retained and carried forward to subsequent years if the business has sufficient EBITDA in that year.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Diem_moi_dot_pha_tu_Nghi_dinh_202025ND-CP_tac_dong_den_nam_2026\"><\/span><b>The groundbreaking new points from Decree 20\/2025\/ND-CP impacting the year 2026.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">2026 marks the stable implementation of new provisions in the management of related-party transaction taxes. Two major changes directly impact the transition roadmap for interest expense:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Noi_long_dinh_nghia_%E2%80%9CBen_lien_ket%E2%80%9D_voi_to_chuc_tin_dung\"><\/span><b>Relaxing the definition of &quot;affiliated party&quot; for credit institutions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Previously, many businesses that only borrowed from banks (accounting for over 25% of equity and over 50% of total debt) were considered to have affiliated relationships. From 2025-2026, the new regulations have excluded independent banks from the list of affiliated parties unless they interfere in management and operations. This helps thousands of businesses escape the 30% control cycle and completely changes the way the outstanding interest balance to be carried forward is determined.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Co_che_%E2%80%9Cgiai_phong%E2%80%9D_lai_vay_ton_dong\"><\/span><b>Mechanism for &quot;releasing&quot; outstanding loan interest<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For businesses that still have disallowed interest expenses from the 2020-2024 period, 2026 is the golden time to implement the transition roadmap for interest expense deductions. The new regulations allow for the prioritized handling of these outstanding amounts in a more transparent manner on the corporate income tax return.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chi_tiet_lo_trinh_chuyen_tiep_chi_phi_lai_vay_theo_quy_dinh\"><\/span><b>Details of the interest expense transition roadmap as per regulations.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_2990\" aria-describedby=\"caption-attachment-2990\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2990\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh.jpg\" alt=\"Chi ti\u1ebft l\u1ed9 tr\u00ecnh chuy\u1ec3n ti\u1ebfp chi ph\u00ed l\u00e3i vay theo quy \u0111\u1ecbnh\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Chi-tiet-lo-trinh-chuyen-tiep-chi-phi-lai-vay-theo-quy-dinh-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2990\" class=\"wp-caption-text\">Details of the interest expense transition roadmap as per regulations.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To properly implement the interest expense transition roadmap, businesses need to strictly adhere to two golden rules:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Duration<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transfer order.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Nguyen_tac_chuyen_tiep_5_nam\"><\/span><b>Five-year transition principle<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The portion of non-deductible interest expense (exceeding 30% EBITDA) is carried forward to the next tax period when determining total deductible interest expense. The continuous carry-forward period shall not exceed 5 years from the year following the year in which the non-deductible interest expense was incurred.<\/span><\/p>\n<p><b>For example:<\/b><span style=\"font-weight: 400;\"> Interest expenses disallowed in 2021 will have a deadline for carryforward in the 2026 tax year. After 2026, if not fully carried forward, the remaining amount will be permanently disallowed.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thu_tu_uu_tien_va_phuong_phap_FIFO\"><\/span><b>Priority order and FIFO method<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the transition period for interest expense deductions, businesses must apply the &quot;First In - First Out&quot; principle. When calculating deductible interest expense for 2026:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Calculate the actual interest expense incurred in 2026.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check for room for maneuver (30% EBITDA of 2026 minus actual interest expense of 2026).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If there is still room for maneuver, carry forward interest payments from the oldest year (e.g., 2021), then move on to more recent years.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Dieu_kien_can_va_du\"><\/span><b>Necessary and sufficient conditions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For the interest expense transition plan to be accepted by the tax authorities, businesses must:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Declare all information as specified in Appendix I attached to the Decree on Related-Party Transactions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA figures must be based on audited financial statements (for entities where audited statements are required).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure the loan is reasonable and valid (for business production purposes, and the registered capital has been fully contributed).<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Huong_dan_cac_buoc_quyet_toan_thue_va_ket_chuyen_lai_vay_nam_2026\"><\/span><b>Instructions on the steps for settling taxes and carrying forward interest expenses for 2026.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Below is a four-step standardized process for safely implementing the interest expense transition:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 1 \u2013 Review related party relationships and related-party transactions: Businesses need to redefine their list of related parties according to the new criteria for 2026. If no related-party transactions occur during the year (even if there is a related-party relationship), the business may not be subject to the 30% interest expense restriction, thereby opening up opportunities to carry forward the maximum amount of outstanding interest expenses from the previous year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 2 \u2013 Calculate EBITDA and the limit: To determine taxable EBITDA, the maximum limit is determined by the formula EBITDA x 30%. If EBITDA is negative, this limit equals 0, meaning that all interest expense incurred during the year must be carried forward to subsequent years.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 3 \u2013 Reconcile accumulated interest balances over the years: A detailed table tracking the disallowed interest amounts for the years 2021, 2022, 2023, 2024, and 2025 needs to be created. This includes amounts carried forward in previous periods and remaining amounts that can be carried forward to 2026.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Step 4 \u2013 Filing the declaration on HTKK: On the 2026 Corporate Income Tax return, in the Appendix on related-party transactions, accurately fill in the figures for &quot;Interest expense carried forward to the next period&quot; and &quot;Interest expense from previous periods carried forward to this period&quot;. Errors in these items can disrupt the carry-forward of interest expenses and cause difficulties during tax audits.<\/span><\/li>\n<\/ul>\n<blockquote><p><strong>See also:<\/strong> <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ke-khai-giao-dich-lien-ket-tren-htkk\/\">Declare related party transactions on HTKK<\/a><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Tuong_tac_giua_chuyen_tiep_lai_vay_va_Chuyen_lo\"><\/span><b>Interaction between Interest Transfer and Loss Transfer<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In practice, many businesses often confuse loss carryforward with interest expense carryforward because both have a 5-year term. However, these two mechanisms are completely different in terms of legal nature, application timing, and impact on taxable income. The table below will help clarify the core differences so that businesses can build an accurate tax optimization strategy.<\/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;\"> Comparison of Loss Carryforward and Interest Expense Carryforward in Corporate Income Tax Settlement.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Characteristic<\/b><\/td>\n<td style=\"text-align: center;\"><b>Transfer losses<\/b><\/td>\n<td style=\"text-align: center;\"><b>Interest rate forwarding<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nature<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Net loss after tax adjustment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Interest expenses exceeded 30% EBITDA<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Duration\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">05 consecutive years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">05 consecutive years<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Order of application<\/span><\/td>\n<td><span style=\"font-weight: 400;\">This is usually done after determining taxable income.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">This is done when determining deductible expenses.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Note:<\/b><span style=\"font-weight: 400;\"> Businesses should prioritize calculating the transition period for interest expense deductions. Since deductible interest expenses reduce taxable income, this can create new tax losses or reduce the amount of interest carried forward. Be cautious with interest expenses nearing their 5-year expiration date and prioritize their carry-forward.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tinh_huong_thuc_te_ve_lo_trinh_chuyen_tiep_chi_phi_lai_vay\"><\/span><b>A real-world scenario regarding the interest expense transition roadmap.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The scenarios below illustrate optimizing the transition path for interest expense in different business contexts, from post-crisis recovery phases to large-scale restructuring operations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tinh_huong_1_Doanh_nghiep_tan_dung_da_tang_truong_de_%E2%80%9Cxoa_no%E2%80%9D_lai_vay\"><\/span><b>Situation 1: Businesses leverage growth momentum to &quot;write off&quot; interest payments.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Company X had disallowed interest expenses of VND 10 billion in 2021. During the period 2022-2025, due to the impact of the pandemic, the company&#039;s EBITDA was low, so no interest expenses were carried forward. In 2026, the company secured a large contract, with projected EBITDA of VND 100 billion, resulting in interest expenses of VND 15 billion in 2026.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The 30% EBITDA threshold is 30 billion VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allowance for carryover = 30 billion - 15 billion (additional) = 15 billion VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Result: The company was able to carry forward the entire VND 10 billion in interest expense from 2021 to 2026. This is the final year in the transition period for carrying forward the interest expense from the 2021 debt. Without this EBITDA jump, the VND 10 billion would have been eliminated.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Tinh_huong_2_Rui_ro_khi_sap_nhap_doanh_nghiep\"><\/span><b>Situation 2: Risks associated with business mergers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Company A will merge with Company B in 2026. Company A currently has outstanding interest expense of VND 5 billion. According to regulations, the rights to carry forward interest expense are usually inherited by the acquiring company; however, separate tax settlement documents for the period prior to the merger are required to legally establish this balance.<\/span><\/p>\n<blockquote><p><strong>See also:<\/strong> <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-chuyen-gia\/\">Transfer pricing services\u00a0<\/a><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Loi_khuyen_quan_tri_rui_ro\"><\/span><b>Risk management advice\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To protect the carryforward of interest expense deductions before tax audits and inspections, businesses should note the following:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Avoid the &quot;thin capitalization&quot; phenomenon: Although Vietnam does not yet have an official thin capitalization law, an excessively high debt-to-equity ratio will draw the attention of tax authorities to the &quot;commerciality&quot; of the loans.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Avoid the &quot;thin capitalization&quot; phenomenon: Although Vietnam does not yet have an official thin capitalization law, an excessively high debt-to-equity ratio will draw the attention of tax authorities to the &quot;commerciality&quot; of the loans.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Local File: Must explain the purpose of borrowing and the economic viability of borrowing from an affiliated party instead of borrowing from an external source.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Document retention: Retain all tax returns and related party appendices from the previous five years. This is the sole evidence to prove the balance in the interest expense carryforward schedule.<\/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;\">The interest expense carryforward schedule is not merely a technical indicator on the related-party transaction appendix, but a factor that directly impacts a company&#039;s tax obligations and cash flow for the next five years. Understanding the 30% EBITDA principle correctly, applying the FIFO mechanism accurately, and closely monitoring the carryforward deadline will help businesses avoid losing their legal deduction rights, especially for interest expenses that are due in 2026.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the context of increasing tax audits on related-party transactions, proactively reviewing them early is always safer and more effective than reactive handling during tax settlement. If your business has outstanding interest expense balances or is unsure about how to calculate taxable EBITDA, now is the right time to conduct a comprehensive audit before tax settlement to ensure tax compliance and minimize future risks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contact MAN \u2013 Master Accountant Network today for detailed advice and support!<\/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;\">Email: man@man.net.vn<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Content production by: Mr. <\/span><a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Le Hoang Tuyen<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>L\u1ed9 tr\u00ecnh chuy\u1ec3n ti\u1ebfp chi ph\u00ed l\u00e3i vay n\u0103m 2026 \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m trong qu\u1ea3n tr\u1ecb thu\u1ebf TNDN c\u1ee7a c\u00e1c doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft. V\u1edbi s\u1ef1 ti\u1ebfp n\u1ed1i khung ph\u00e1p l\u00fd t\u1eeb Ngh\u1ecb \u0111\u1ecbnh 132\/2020\/N\u0110-CP v\u00e0 s\u1eeda \u0111\u1ed5i, b\u1ed5 sung t\u1ea1i Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP, quy \u0111\u1ecbnh tr\u1ea7n l\u00e3i vay 30% [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2988","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\/2988","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=2988"}],"version-history":[{"count":1,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2988\/revisions"}],"predecessor-version":[{"id":2992,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2988\/revisions\/2992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2989"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}