The new Official Letter 15888 is on the subject of Foreign Contractor Tax policy with regards to the transfer of right to use trademark.
Following Official Letter No. 10453/BTC-CST dated 27 July 2016 (“Official Letter 10453”), the Ministry of Finance has issued Official Letter No. 15888/BTC-CST dated 07 November 2016 (“Official Letter 15888”), which is addressed to all provincial tax departments, on the subject of Foreign Contractor Tax (“FCT”) policy with regards to the transfer of right to use trademark.
Please read our Vietnam Tax Alert 2016/Issue 12 newsletter for further details.
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