Official Letter No. 01/TCS14-QLDN1 dated 05 January 2026 issued by Tax Sub-department 14 of Ho Chi Minh City.
According to the Official Letter, Tax Sub-department 14 of Ho Chi Minh City provides guidance that where a company pays salaries of VND 5 million or more, such payments must be supported by non-cash payment documents in order to be treated as deductible expenses when determining corporate income taxable income.
Tax Sub-department 14 bases its guidance on Clause 1, Article 9 of Decree No. 320/2025/NĐ-CP dated 15 December 2025:
‘“Article 9. Deductible expenses for determining taxable income
Except for non-deductible expenses as stipulated in Article 10 of this Decree, enterprises may deduct expenses when determining taxable income provided that they fully satisfy the conditions set out in points a, b, and c below:
…
c) Expenses must be supported by non-cash payment documents in cases of purchases of goods, services, and other payments where the value of each payment is VND 5 million or more. Non-cash payment documents shall be implemented in accordance with the regulations of the laws on value-added tax.”
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