Based on Article 8 of Circular No. 96/2015/TT-BTC
, the deductible “purchase price” upon calculating tax on capital transfer is determined on a case-by-case basis as follows:
- If the transferred capital is the capital contributed to establish enterprise, the purchase price is the value of the contributed capital accumulated to the time of transfer based on the accounting books, documents and certified by the contributing parties.
- If the capital is repurchased, the purchase price is the capital value at the time of repurchase, based on the contract of repurchase of the contributed capital and the payment receipts.
How to determine deductible “purchase price” upon calculating tax on capital transfer
CV43223-01112021CTHN[VLO].pdf
