{"id":4973,"date":"2026-08-21T09:31:14","date_gmt":"2026-08-21T02:31:14","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=4973"},"modified":"2026-08-21T09:41:19","modified_gmt":"2026-08-21T02:41:19","slug":"chi-phi-lai-vay-khong-duoc-tru","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/","title":{"rendered":"Interest expenses are not deductible in related-party transactions according to Decree 255\/2026\/ND-CP."},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Non-deductible interest expenses are the most damaging item on the tax return of businesses with related-party transactions. For example, a VND 11 billion interest expense being disallowed as a deductible expense means an additional VND 2.2 billion in corporate income tax (CIT) is incurred, even though that interest has already been paid to the bank. From the 2026 corporate income tax period, this entire control mechanism will operate under a new legal framework. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-255-2026-ND-CP-quan-ly-thue-giao-dich-lien-ket-cua-doanh-nghiep-co-quan-he-lien-ket-713416.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Decree 255\/2026\/ND-CP<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. This article breaks down the formula for determining the deduction, the 5-year transition mechanism, the excluded loans, and the technical errors that cause interest expenses to be unfairly disallowed during the final accounting process.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 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\/chi-phi-lai-vay-khong-duoc-tru\/#Chi_phi_lai_vay_khong_duoc_tru_la_gi_va_vi_sao_Nghi_dinh_2552026ND-CP_tiep_tuc_siet_khoan_muc_nay\" >What are non-deductible interest expenses and why does Decree 255\/2026\/ND-CP continue to restrict this item?<\/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\/chi-phi-lai-vay-khong-duoc-tru\/#Doanh_nghiep_nao_nam_trong_pham_vi_ap_dung\" >Which businesses are covered by this regulation?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Can_cu_phap_ly_xac_dinh_chi_phi_lai_vay_khong_duoc_tru_tai_khoan_3_Dieu_16\" >The legal basis for determining that interest expenses are not deductible is found in Clause 3, Article 16.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Nghi_dinh_2552026ND-CP_da_thay_doi_nhung_gi_so_voi_Nghi_dinh_1322020ND-CP\" >What changes did Decree 255\/2026\/ND-CP bring compared to Decree 132\/2020\/ND-CP?<\/a><\/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\/chi-phi-lai-vay-khong-duoc-tru\/#Cach_xac_dinh_chi_phi_lai_vay_khong_duoc_tru_qua_4_buoc\" >How to determine non-deductible interest expense in 4 steps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Chi_phi_lai_vay_khong_duoc_tru_co_duoc_chuyen_sang_ky_sau_khong\" >Can interest expenses that are not deductible be carried forward to the next period?<\/a><\/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\/chi-phi-lai-vay-khong-duoc-tru\/#Truong_hop_EBITDA_am_thi_chi_phi_lai_vay_duoc_xac_dinh_nhu_the_nao\" >How is interest expense determined if EBITDA is negative?<\/a><\/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\/chi-phi-lai-vay-khong-duoc-tru\/#Cac_khoan_vay_khong_bi_ap_tran_30_EBITDA\" >Loans not subject to the 30% EBITDA cap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#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-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Cau_hoi_thuong_gap_ve_chi_phi_lai_vay_khong_duoc_tru\" >Frequently Asked Questions about Non-Deductible 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-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Doanh_nghiep_khong_co_giao_dich_lien_ket_co_bi_khong_che_30_EBITDA_khong\" >Are businesses with no related-party transactions subject to the 30% EBITDA restriction?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Vay_ngan_hang_thong_thuong_co_lam_phat_sinh_chi_phi_lai_vay_khong_duoc_tru_khong\" >Does a regular bank loan result in non-deductible interest expenses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Lai_suat_vay_voi_ben_lien_ket_cao_hon_giao_dich_doc_lap_thi_xu_ly_the_nao\" >What are the consequences if interest rates on loans from related parties are higher than those from independent transactions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/chi-phi-lai-vay-khong-duoc-tru\/#Nghi_dinh_2552026ND-CP_ap_dung_tu_ky_tinh_thue_nao\" >From which tax period does Decree 255\/2026\/ND-CP apply?\u00a0<\/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\/chi-phi-lai-vay-khong-duoc-tru\/#Phan_lai_vay_bi_loai_het_05_nam_chua_dung_het_thi_co_mat_khong\" >If the loan interest is disallowed for 5 years but not fully utilized, will it be lost?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_khong_duoc_tru_la_gi_va_vi_sao_Nghi_dinh_2552026ND-CP_tiep_tuc_siet_khoan_muc_nay\"><\/span><b>What are non-deductible interest expenses and why does Decree 255\/2026\/ND-CP continue to restrict this item?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In essence, this is the portion of interest expense that the business has legitimately accounted for as financial expense according to accounting standards, but is excluded when determining taxable income for corporate income tax purposes. The direct consequence is that accountants must adjust the taxable profit on the tax return upwards, increasing the amount of tax payable while the accounting profit remains unchanged.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Essentially, this policy is a tool to combat thin capitalization, preventing businesses from using high-interest internal loans instead of contributing capital, thereby eroding the tax base in Vietnam. This approach is consistent with international OECD standards and has been maintained throughout from Decree 20\/2017\/ND-CP to the present.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">On June 30, 2026, the Government issued Decree 255\/2026\/ND-CP regulating tax management for related-party transactions of enterprises with related-party relationships. The Decree takes effect from July 1, 2026 and applies from the corporate income tax period of 2026, replacing Decree 132\/2020\/ND-CP and Decree 20\/2025\/ND-CP.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doanh_nghiep_nao_nam_trong_pham_vi_ap_dung\"><\/span><b>Which businesses are covered by this regulation?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The entities subject to control are corporate income taxpayers who have transactions with parties involved. <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/moi-quan-he-lien-ket-theo-nghi-dinh-255\/\"><span style=\"font-weight: 400;\">affiliated relationship<\/span><\/a><span style=\"font-weight: 400;\"> According to Article 5 of Decree 255\/2026\/ND-CP, there are two groups that are easily encountered in practice during the review process:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Related party relationship through loans: One enterprise guarantees or lends capital to another enterprise in any form, provided that the total outstanding loan balance is at least 25% of the owner&#039;s equity of the borrowing enterprise and accounts for over 50% of the total outstanding medium and long-term debt of the borrowing enterprise (point d, clause 2, Article 5). This is why a purely bank loan can still include an enterprise in the scope of related party transactions, unless it falls under the exclusion cases for credit institutions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Personal relationships: Businesses that engage in borrowing, lending, or lending transactions involving at least 10% of the owner&#039;s contributed capital at the time of the transaction during the tax period with individuals managing or controlling the business, or with individuals belonging to the family relationship group as stipulated in Clause 2, Article 5. Including the act of &quot;borrowing and lending&quot; under regulation is a point that requires special attention, especially for family businesses that habitually provide interest-free advances or financial support to directors or relatives.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Conversely, businesses that do not have related-party transactions during the period are not subject to the 30% EBITDA ceiling; interest expenses are deductible according to the general principles of corporate income tax law if there are sufficient invoices and documents and they are related to production and business activities.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Can_cu_phap_ly_xac_dinh_chi_phi_lai_vay_khong_duoc_tru_tai_khoan_3_Dieu_16\"><\/span><b>The legal basis for determining that interest expenses are not deductible is found in Clause 3, Article 16.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4977\" aria-describedby=\"caption-attachment-4977\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4977\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16.jpg\" alt=\"C\u0103n c\u1ee9 ph\u00e1p l\u00fd x\u00e1c \u0111\u1ecbnh chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb t\u1ea1i kho\u1ea3n 3 \u0110i\u1ec1u 16\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Can-cu-phap-ly-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-tai-khoan-3-Dieu-16-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4977\" class=\"wp-caption-text\">The legal basis for determining that interest expenses are not deductible is found in Clause 3, Article 16.<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Point a, Clause 3, Article 16 of Decree 255\/2026\/ND-CP stipulates:<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">The total interest expense after deducting interest on deposits and loans incurred during the period of the taxpayer is deductible when determining taxable income for corporate income tax purposes, provided it does not exceed 30% of the total net profit from business operations during the period plus interest expense after deducting interest on deposits and loans incurred during the period plus depreciation expense incurred during the period of the taxpayer.<\/span><\/i><\/p><\/blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The three components of taxable EBITDA as stipulated above are:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Total net profit from business operations during the period;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest expense after deducting interest on deposits and loans incurred during the period;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Depreciation expense incurred during the period.\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Three key technical considerations determine the accuracy of the final figure:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Only net profit from business operations is considered: Other profits, other income, or results from activities of a different nature are not included. Items that are not in the nature of interest expense or interest on deposits or loans are not included in the calculation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Depreciation expense: Based on the amount incurred during the period, determined from the cash flow statement data, not from internal management calculations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest expense is net interest expense: Interest on deposits and interest on loans must be offset. If interest on deposits and interest on loans exceeds the total interest expense incurred during the period, the business has no interest expense and is not allowed to deduct it under this limitation mechanism.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Forgetting the offsetting step in the third note is the number one reason businesses overcalculate the disallowed interest expense and overpay taxes.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nghi_dinh_2552026ND-CP_da_thay_doi_nhung_gi_so_voi_Nghi_dinh_1322020ND-CP\"><\/span><b>What changes did Decree 255\/2026\/ND-CP bring compared to Decree 132\/2020\/ND-CP?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Does the new legal framework change the applicable obligations? The table below compares each key criterion of the control mechanism between the two decrees, so that the accounting department knows exactly which content remains unchanged and which content needs to be updated in the records.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><span style=\"font-weight: 400;\">Comparison table of regulations between Decree 132\/2020\/ND-CP and Decree 255\/2026\/ND-CP.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 255\/2026<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Control ceiling<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">30% EBITDA<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Constant<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Forwarding the section exceeding the ceiling.<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Maximum of 05 consecutive years<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Constant<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Excluded loan categories<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">ODA, preferential government loans, national target programs, social housing\u2026\u00a0<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Constant<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Reference<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Law on Credit Institutions 2010; Law on Insurance Business 2022\u00a0<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Updated according to the Law on Credit Institutions 2024; amended Law on Insurance Business 2025\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Clause location<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Clause 3, Article 16<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Clause 3, Article 16<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Declaration form<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Appendix I issued with Decree 132<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Appendix I issued with Decree 255<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The policy regarding non-deductible interest expenses remains essentially unchanged; the main changes lie in updating the legal basis to align with the current legal system and with Law No. 108\/2025\/QH15 on Tax Administration, with the obligation arising from the 2026 corporate income tax period.<\/span><\/p>\n<blockquote><p><b>See also:<\/b> <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/diem-moi-nghi-dinh-255-2026-nd-cp\/\">New points in Decree 255\/2026\/ND-CP regarding related-party transactions.<\/a><\/span><\/strong><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cach_xac_dinh_chi_phi_lai_vay_khong_duoc_tru_qua_4_buoc\"><\/span><b>How to determine non-deductible interest expense in 4 steps<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4976\" aria-describedby=\"caption-attachment-4976\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4976\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru.jpg\" alt=\"C\u00e1ch x\u00e1c \u0111\u1ecbnh chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Cach-xac-dinh-chi-phi-lai-vay-khong-duoc-tru-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4976\" class=\"wp-caption-text\">How to determine non-deductible interest expense<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Here&#039;s how to determine which interest expenses are not deductible, specifically the following steps:<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Step 1: Determine net interest expense.<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Net interest expense is determined by the 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;\">Net interest expense = Total interest expense incurred during the period \u2013 (Interest on deposits + Interest on loans)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><b>Step 2: Calculate EBITDA<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">EBITDA is defined as follows:<\/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 operations + Net interest expense + Depreciation expense<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><b>Step 3: Calculate the ceiling.<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To determine the ceiling:<\/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 deductible interest expense = 30% x EBITDA<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><b>Step 4: Compare and determine the classification<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The portion of net interest income exceeding the ceiling is considered non-deductible interest expense for the tax period.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Example:<\/b><span style=\"font-weight: 400;\"> Assume company A has a net profit from business operations of 20 billion VND; total interest expense of 12 billion VND; interest on deposits of 2 billion VND; and depreciation expense of 6 billion VND.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net interest expense = 12 \u2013 2 = 10 billion VND<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA = 20 + 10 + 6 = 36 billion VND<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ceiling amount = 30% x 36 = 10.8 billion VND<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><b>Result: <\/b><span style=\"font-weight: 400;\">Net interest expense (VND 10 billion) is less than the ceiling (VND 10.8 billion), resulting in all interest expense being deductible, while non-deductible interest expense is zero.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Example 2: <\/b><span style=\"font-weight: 400;\">Assume company B has a net profit from business operations of 5 billion VND; net interest expense of 20 billion VND; and depreciation expense of 5 billion VND.\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA = 5 + 20 + 5 = 30 billion VND<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ceiling amount = 30% x 30 = 9 billion VND<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Excess amount = 20 \u2013 9 = 11 billion VND (disqualified)<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><b>Result:<\/b><span style=\"font-weight: 400;\"> Taxable income increased by 11 billion VND, resulting in an additional corporate income tax liability of approximately 2.2 billion VND.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These two examples demonstrate that, given the same level of debt, businesses with thin profit margins will be impacted far more severely.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_khong_duoc_tru_co_duoc_chuyen_sang_ky_sau_khong\"><\/span><b>Can interest expenses that are not deductible be carried forward to the next period?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Yes, and this is an important mechanism. Point b, Clause 3, Article 16 of Decree 255\/2026\/ND-CP stipulates:<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">The portion of interest expense not deductible under point (a) of this clause shall be carried forward to the next tax period when determining the total deductible interest expense, provided that the total deductible interest expense incurred in the next tax period is lower than the amount stipulated in point (a) of this clause. The carry-forward period for interest expense shall not exceed 5 years from the year following the year in which the non-deductible interest expense was incurred.<\/span><\/i><\/p><\/blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In other words, the excess amount can only be reused if there is still room below the 30% ceiling in the following tax period. If the business continues to reach the ceiling in the following year, the carry-over amount must remain pending and continue to count down for a period of 5 years.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Important Note: <\/b><span style=\"font-weight: 400;\">If the enterprise does not have any related-party transactions in the subsequent tax period, the mechanism for determining the total deductible interest expense under Article 16 will not be activated, and therefore there is no basis to carry forward the disallowed interest expense from the previous period. Enterprises with large carry-forward balances should consider this factor before restructuring internal loans.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To accurately identify and track carry-forward interest expense, businesses should consider the following: <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-tu-van-giao-dich-lien-ket\/\">related party transaction advisory services<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> Receive in-depth monitoring and support from specialized, experienced units like MAN \u2013 Master Accountant Network.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Truong_hop_EBITDA_am_thi_chi_phi_lai_vay_duoc_xac_dinh_nhu_the_nao\"><\/span><b>How is interest expense determined if EBITDA is negative?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4975\" aria-describedby=\"caption-attachment-4975\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4975\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao.jpg\" alt=\"Tr\u01b0\u1eddng h\u1ee3p EBITDA \u00e2m th\u00ec chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh nh\u01b0 th\u1ebf n\u00e0o\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/08\/Truong-hop-EBITDA-am-thi-chi-phi-lai-vay-duoc-xac-dinh-nhu-the-nao-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4975\" class=\"wp-caption-text\">How is interest expense determined if EBITDA is negative?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">When the sum of net operating profit, net interest expense, and depreciation expense for the period is negative, the 30% ceiling becomes meaningless. The entire net interest expense for that period becomes non-deductible interest expense. If the business has interest income from deposits or loans, the disallowed amount is determined after offsetting these items.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If EBITDA &lt; 0, non-deductible interest expense is determined as follows:\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 expenses = Interest expense \u2013 Interest on deposits and loans<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The business falls into this situation. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ebitda-am-thi-chi-phi-lai-vay-co-duoc-tru\/\">Negative EBITDA<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> This item should be tracked separately in the tax management ledger in all cases, and a written inquiry should be sent to the directly supervising tax authority before finalizing the settlement figures.<\/span><\/p>\n<blockquote><p><strong>Important Note: <\/strong>Interest expense that is not deductible should be declared under item B7 (temporary difference). The portion of interest expense from the previous period should be carried over and declared under item B11.<\/p><\/blockquote>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cac_khoan_vay_khong_bi_ap_tran_30_EBITDA\"><\/span><b>Loans not subject to the 30% EBITDA cap<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to point c, clause 3, Article 16 of Decree 255\/2026\/ND-CP, the above-mentioned limitation does not apply to:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loans of taxpayers that are credit institutions under the Law on Credit Institutions 2024; and insurance businesses under the Law on Insurance Business 2022, as amended and supplemented by the Law on Insurance Business 2025.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Official development assistance (ODA) loans and preferential loans from the Government are implemented in the form of the Government borrowing from foreign countries and re-lending to businesses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loans for implementing national target programs (new rural development program and sustainable poverty reduction program).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loans for investment in programs and projects implementing the State&#039;s social welfare policies (resettlement housing, housing for workers and students, social housing, and other public welfare projects).<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Businesses in these categories do not incur non-deductible interest expenses due to exceeding the ceiling, but must still prove the loan is legitimate through contracts and disbursement documents.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Decree 255\/2026\/ND-CP neither loosens nor tightens the ceiling, but the scope of identifying related parties has been broadened and the system of forms and reference bases has changed. For businesses with high financial leverage, the cost of a pre-tax audit is always many times smaller than the amount of tax arrears plus late payment penalties after the audit.<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lien-he\/\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">Contact MAN \u2013 Master Accountant Network<\/span><\/strong><\/span><\/a><span style=\"font-weight: 400;\"> For free support and advice!<\/span><b>\u00a0<\/b><\/p>\n<h3 style=\"text-align: justify;\"><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 style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Address:<\/b><span style=\"font-weight: 400;\"> No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mobile\/Zalo:<\/b><span style=\"font-weight: 400;\"> 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>E-mail:<\/b><span style=\"font-weight: 400;\"> man@man.net.vn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google Business Profile:<\/b> <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" rel=\"nofollow noopener\" target=\"_blank\">View MAN \u2013 Master Accountant Network&#039;s Google Business Profile\u00a0<\/a><\/span><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn Founder:<\/b> <a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><span style=\"color: #0000ff;\"><strong>View expert Le Hoang Tuyen&#039;s LinkedIn profile.<\/strong><\/span>\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Responsible for production and professional content review by: Mr. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">Le Hoang Tuyen \u2013 Founder &amp; CEO of MAN \u2013 Master Accountant Network<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. He is a CPA Vietnam auditor with over 30 years of in-depth experience in accounting, auditing, taxation, and corporate legal consulting.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cau_hoi_thuong_gap_ve_chi_phi_lai_vay_khong_duoc_tru\"><\/span><b>Frequently Asked Questions about Non-Deductible Interest Expense<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doanh_nghiep_khong_co_giao_dich_lien_ket_co_bi_khong_che_30_EBITDA_khong\"><\/span><b>Are businesses with no related-party transactions subject to the 30% EBITDA restriction?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No. The control mechanism in Clause 3, Article 16 only applies to taxpayers who have transactions with related parties. Businesses without related-party transactions are still allowed to deduct interest expenses according to general regulations if they can prove their reasonableness and validity.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vay_ngan_hang_thong_thuong_co_lam_phat_sinh_chi_phi_lai_vay_khong_duoc_tru_khong\"><\/span><b>Does a regular bank loan result in non-deductible interest expenses?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is possible if the outstanding debt with the bank simultaneously reaches two thresholds: 25% of equity capital and over 50% of total medium- and long-term debt. However, this regulation does not apply when the lender is a credit institution that does not directly or indirectly participate in the management, control, capital contribution, or investment in the borrowing enterprise.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Lai_suat_vay_voi_ben_lien_ket_cao_hon_giao_dich_doc_lap_thi_xu_ly_the_nao\"><\/span><b>What are the consequences if interest rates on loans from related parties are higher than those from independent transactions?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These are two independent layers of control. Even if the interest expense ratio remains below the 30% EBITDA ceiling, the tax authorities still have the right to adjust the interest rate difference exceeding the independent transaction amount according to the principles for determining transfer pricing.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nghi_dinh_2552026ND-CP_ap_dung_tu_ky_tinh_thue_nao\"><\/span><b>From which tax period does Decree 255\/2026\/ND-CP apply?<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Decree takes effect from July 1, 2026 and applies from the corporate income tax period of 2026.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Phan_lai_vay_bi_loai_het_05_nam_chua_dung_het_thi_co_mat_khong\"><\/span><b>If the loan interest is disallowed for 5 years but not fully utilized, will it be lost?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Yes. The carry-forward period shall not exceed 5 years from the year following the year of occurrence; beyond this period, any unused portion of the non-deductible interest expense will be permanently excluded from deductible expenses.\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb l\u00e0 kho\u1ea3n m\u1ee5c c\u00f3 s\u1ee9c c\u00f4ng ph\u00e1 l\u1edbn nh\u1ea5t trong h\u1ed3 s\u01a1 thu\u1ebf c\u1ee7a doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft, v\u00ed d\u1ee5 nh\u01b0 m\u1ed9t kho\u1ea3n l\u00e3i vay 11 t\u1ef7 \u0111\u1ed3ng b\u1ecb lo\u1ea1i kh\u1ecfi chi ph\u00ed \u0111\u01b0\u1ee3c tr\u1eeb \u0111\u1ed3ng ngh\u0129a v\u1edbi 2.2 t\u1ef7 \u0111\u1ed3ng thu\u1ebf thu nh\u1eadp doanh [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-4973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nghi-dinh-255-2026-nd-cp"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4973","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=4973"}],"version-history":[{"count":3,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4973\/revisions"}],"predecessor-version":[{"id":4980,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4973\/revisions\/4980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/4974"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=4973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=4973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=4973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}