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blue-check Guidelines for declaration and submission of revenues generated from equitation, transfer of state capital

Circular No. 57/2022/TT-BTC dated September 16th, 2022 of the Ministry of Finance on guiding Decree No. 148/2021/ND-CP dated December 31, 2021 of the Government on management and use of revenues generated by transfer of ownership of enterprises and public service providers, revenues generated by transfer of state capital and equity amount that exceeds charter capital of enterprises
Posted: 21/9/2022 2:58:04 PM | Latest updated: 30/9/2022 9:13:42 AM (GMT+7) | LuatVietnam: 5543 | Vietlaw: 580
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This Circular provides guidelines for some regulations provided at Decree No. 148/2021/ND-CP, including:

1. Preparation of estimates for revenue, expenditure from equitation, transfer of state capital, transfer of share option, right to contribute capital at enterprises;

2. Declaration and submission of revenues generated from transfer of ownership of enterprises, transfer of state capital, transfer of share option, right to contribute capital at enterprises;

3. Recurrent expenditure and investment of state capital in enterprises;

4. Settlement of revenues and late payment interest submitted to Enterprise Arrangement and Development Fund.

Accordingly, if the sum generated by equitation, transfer of state capital, transfer of share option, right to contribute capital at enterprises, etc. is insufficient to cover expenses as per the law, enterprises are allowed to retain the sum to cover the expenses as per the law and are not required to declare and submit to state budget. The deficit (if any) or surplus between the paid amount and amount payable shall be dealt with in accordance with Clause 1 Article 7 of Decree No. 148/2021/ND-CP.

The declaration and submission of revenues generated from transfer of ownership of enterprises, transfer of state capital, transfer of share option, right to contribute capital at enterprises, etc. shall be made when they are generated. The declaration dossier shall be submitted at tax authorities directly overseeing enterprises. Time limit for declaration and declaration form are regulated at Article 7 of this Circular.

This Circular takes effect from October 31st, 2022 and abrogates Circular No. 184/2012/TT-BTC dated December 25th, 2012.

Notes
Please be informed that the attached forms are neither translated nor included in the English file.
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Effective Date 31-Oct-2022
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 580

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Timeline

Business Management

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