Description

The intended course aims to equip audiences with guidance on notable CIT issues upon filing 2023 CIT finalisation to enhance the compliance status with current tax regulations and mitigate the potential tax risks. Practical case studies will be shared and discussed during the course. 

Agenda

1.30 p.m. - 2.30 p.m.: Case study Questions (12 cases) - 1 hour, 

2.30 p.m. - 3.00 p.m.: Q&A session  -  0.5 hour

Covered topics:

1. Under-declared revenue  

2. CIT incentive for expansion investment

3. Non-deductible damaged goods

4. Non-deductible interest expenses

5. Non-deductible staffwelfares  

6. Non-deductible royalty

7. Non-deductible salary for foreigners

8. Temporary adjustments relating to unrealized FX loss

9. Long-term outstanding payable

10. Non-deductible expenses incurred by absconded entities

Benefits

After completing this session you will be able to understand:

1. Common tax issues upon CIT Finalization

2. Considerations to mitigate tax risk

Meet the Speakers

Thai has been with KPMG for more than 18 years with in-depth understanding of local regulatory system including indirect tax, corporate tax and individual tax. 

He has taken leading responsibility for a broad range of advisory process on tax, corporate and statutory issues for clients including multinational corporations, foreign invested companies in Vietnam and large Vietnamese companies.

Trang has more than 13 years of experiences in KPMG Vietnam, including a short term assignment in KPMG Frankfurt. Trang has a broad range of tax experiences in Vietnam, including direct and indirect tax, tax consulting, tax restructuring, tax review, tax audit support for multinational organizations, foreign contractors and foreign invested companies in Vietnam.