06/10/2023

Official letter 4383/TCT-CS transfer losses from branch to parent company

Transfer losses from branch to parent company

According to official No.4383/TCT-CS dated 04 October 2023, currently corporate income tax law stipulates loss transfer in case an enterprise converts the type of division, separation, or merger, and no loss transfer regulations in case an independent accounting branch converts to dependent accounting

Please see attached letter for details: https://prnt.sc/sSzqlZoMmoLB