Guidance on invoice issuance in case of sponsoring goods for social security activities in the health sector to prevent Covid-19
On 8 December 2021, Hanoi Tax Department issued Official Letter 53181/CTHN-TTHT, providing guidance on invoice issuance in case of sponsoring goods for social security activities in the health sector to prevent the Covid-19 epidemic.
Accordingly, in case enterprise sponsors RT-PCR testing machine to support the prevention and treatment of the Covid-19 epidemic, the enterprise must issue invoice according to the guidance in Clause 7, Article 3 of Circular 26/2015/TT-BTC (if has not been notified by the tax authority for using e-invoices as under Decree 123/2020/ND-CP), or according to the guidance in Clause 1, Article 4 of Decree 123 /2020/ND-CP (if already has been notified by the tax authority for using e-invoices as under Decree 123/2020/ND-CP); and declare, calculate and pay value added tax according to the law.
The above mentioned sponsorship amounts are included in deductible expenses when determining taxable income for corporate income tax purpose, if they meet the conditions specified in Article 4 of Circular 96/2015/TT-BTC.