Guidance for Taxpayers on Declaring Information Forms in Related-Party Transactions

08:08, 11/07/2024

The Ministry of Finance promulgates Circular 41/2017/TT-BTC providing guidance on the implementation of Decree 20/2017/ND-CP regulating tax management for enterprises with related party transactions.

Enclosed with Circular 41 are Appendices providing guidance on how to fill in Form No. 01, 02, 03, and 04 as stipulated in Decree 20. Specifically:

- Form No. 01 Information on Related-Party Transactions and Transactions with Related Parties: Follow the instructions in Appendix 02;- Form No. 02 and Form No. 03 List of Information and Documents to be Provided in the Local File and Master File: Check the corresponding boxes for the information and documents prepared in the Transfer Pricing Documentation;- Form No. 04 Declaration of Information in the Country-by-Country Report: Follow the instructions in Appendix 03.

Taxpayers who wish to supplement or detect errors in the information declared to the Tax Authority in Forms 01, 02, 03, and 04 should declare supplements as regulated.

Circular 41/2017/TT-BTC takes effect from May 1, 2017.

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