Tax Losses in Vietnam

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Law on commercial arbitration
Law on commercial arbitration

SBLAW would like to provide some legal regulation about tax Losses in Vietnam as follows:

Taxpayers may carry forward tax losses fully and consecutively for a maximum of five years.

Losses of non-incentivised activities can be offset against profits from incentivised activities, and vice versa.

However, losses/gains from the transfer of real estate, projects or mineral rights are not allowed to be offset against other business activities

Carry-back of losses is not permitted.

There is no provision for any form of consolidated filing or group loss relief.