The revenue derived from technology transfers pursuant to the Law on Technology Transfers, and IP transfers pursuant to the Law on Intellectual Property, would not be subject to value-added tax (VAT). In the case of contracts for technology transfer or IP transfer accompanied by a transfer of machinery and equipment, only the value of the transferred technology or IP shall not be subject to VAT: where such value cannot be separated, the value of technology or IP transferred with machinery and equipment shall also be subject to VAT.
Source: bloombergtax.com
Latest Posts in "Vietnam"
- Temporary Tax Exemptions on Fuel and Jet Fuel for National Interest from March 26 to April 15, 2026
- Prime Minister Signs Decisions on Fuel Tax Cuts, Online Child Protection, and Ethnic Minority Cadre Development
- Environmental Tax on Gasoline, Diesel, Jet Fuel Cut to Zero from March 26, 2026
- How to Identify ‘Ordinarily Processed’ Products for VAT Calculation under New Regulations
- Livestock Feed Businesses Exempt from VAT Must Still File VAT Declarations from 2026
