VAT – Special treatments 2

 No VAT adjustment is required if taxable price of

Special Consumption Tax (SCT) is adjusted for SCT
re-assessment purposes (OL 2820/TCT-CS dated 23
June 2016)

 VAT treatment of Intellectual Property – transfer of

use right vs. ownership:
 Transfer of ownership: Not subject to VAT
 Transfer of use right: 10% VAT on a VAT credit
method; or 5% VAT on a VAT deemed method
 Authorising the payment for goods and services
purchased by an employee, which is settled with an
individual credit card, is considered as non-cash
payment method
(Official Letter No. 5465/TCT-KK dated 25 November
2016)