Damco
Danang Hi-Tech Park
Dinh Vu
VSIP
Hapro
Vietnamairlines

Investment Consultancy

Last updated: Thursday, August 16, 2018

 

Please let us about capital transfer associating with the transfer of land use right?

Posted: Tuesday, February 10, 2009

On 04 November 2008, the General Department of Taxation issued official letter No. 4157/TCT-CS on capital transfer associating with the transfer of land user right.
 
Accordingly, in case where an enterprise being the investor of a project permits other enterprise to contribute its capital to the project, the investor’s capital is nature “the right to implement the project”. Consequently, if the enterprise being the investor of the project transfer its joint stock to another enterprise, it is defined as the capital transfer associating with the transfer of land use right. The enterprise having income from transferring the right of leasing land must declare and pay income tax under the regulations at Part C of Circular No. 134/2007/TT-BTC.
 
------------------------------------------
Consulted by InvestConsult Group
Tel:      +84-4-35373262
Fax:     +84-4-35373283








Other news





VCB
www.vietnammanufacturingexpo.com
Metalex
NEV
Trien lam ICT
Sunny World Property Development Corporation
Atoexpo
ETE
Tong cu DL
Thanh Binh Phu My
FLC
Vingroup
Golf Long Thanh
Nam Kim