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Vietnam: Summary of recent direct and indirect tax developments, including clarification on eligible payroll costs for substance-based income exclusion calculation under QDMTT

Various VAT clarifications as well

June 11, 2026

The KPMG member in Vietnam prepared a June 2026 report covering recent tax developments in Vietnam, including:

  • Clarification on eligible payroll costs for substance-based income exclusion (SBIE) calculation under qualified domestic minimum top-up tax (QDMTT)
  • VAT treatment for transfer of verified emission reduction (VER) certificates
  • Clarification on construction permit requirements for VAT refund on export services provided to export processing enterprises (EPEs)
  • Decree No. 144/2026/NĐ-CP amending Decree 181/2025/ND-CP on VAT regulations
  • Clarification on non-cash payment conditions for VAT refunds on export
  • VAT treatment to EPE selling goods to domestic market
  • Circular No. 21/2026/TT-BTC amending Circular 80/2021/TT-BTC on tax administration and tax declaration procedures
  • Mandatory biometric authentication for e-invoice registration and changes
  • Amendments to the individual (personal) income tax (PIT), VAT, corporate income tax (CIT), and special consumption tax (SCT) laws under Law No. 09/2026/QH16

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