This Circular is to amend the following provisions:

- Article 11 of Circular No. 156/2013/TT-BTC on VAT declaration

- Article 16 of Circular No. 156/2013/TT-BTC on PIT finalization

- Point b, Clause 1, Article 19 of Circular No. 156/2013/TT-BTC on dossiers for declaring registration fees for house and land

- Article 22 of Circular No. 156/2013/TT-BTC on declaring tax by households and individuals that lease out assets

- Clause 3 Article 8 of Circular No. 156/2013/TT-BTC on deducting 2% of VAT when state treasury repay capital for investors

According to the amendment to “personal income taxpayer” in Article 1 of Circular 111/2013/TT-BTC , foreigners must not carry out procedures for consular certification to avoid double taxation according to the double taxation agreement between the two countries.

Regarding VAT policy under Circular No. 219/2013/TT-BTC , this Circular amends the followings clauses:

- Point g, Clause 7, Article 5 on VAT exemption for the case re-import of exported goods returned by the foreign buyer

- Clause 4, Article 7 on taxable prices for goods/services meant for internal use

According to the amendment to clause 4, Article 12 of Circular No. 219/2013/TT-BTC , any new company that earns annual revenue of below VND 1 billion but subject to VAT and adhere to regulations on bookkeeping and invoicing may register for applying the credit-invoice method

This Circular takes effect on September 1st, 2014