Thông tư 67/2016/TT-BTC sửa hướng dẫn quản lý tài chính với Ngân hàng Phát triển Việt Nam

THE MINISTRY OF FINANCE

Circular No. 67/2016/TT-BTC of the Ministry of Finance dated April 29, 2016 amending, supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank

Pursuant to the Decree No. 215/2013/ND-CP dated December 23, 2013 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

Pursuant to the Decree No.75/2011/ND-CP dated August 30, 2011 on state investment credit and export credit;

Pursuant to the Decision No. 44/2007/QD-TTg dated March 30, 2007 of the Prime Minister on promulgating the Regulations on financial management mechanism for Vietnam Development Bank;

At the proposal of the Director of the Financial and Banking Department and financial organizations;

The Minister of Finance promulgates the Circular amending, supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of the Regulation of financial management applicable to the Vietnam Development Bank.

Article 1. To amend, supplement a number of contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of the Regulation of financial management applicable to the Vietnam Development Bank.

1. To amend, supplement the second content in the sub-point b, Point 3.2 Clause 3 Section V as follows:

“The total actual capital amount is the total residual capital amount, including capital source that is free from interest (including Funds, depreciation capital of fixed assets).”

2. To supplement into the Sub-point b Point 3.2 Clause 3 Section V as follows:

“- After calculating the total actual capital amount as a basis to calculate the difference of interest, Vietnam Development Bank shall be excluded:

+ The actual capital amount that has been used to invest, purchase fixed assets (price of fixed assets minus depreciation).

+ Apart from ODA capital, authorized capital of the local, organizations, individuals, state capital transferred to clear debts for customers according to the Decision of the Government, capital sources used for activities that are not granted for the difference of interest.

+ Cash and deposit at other credit institutions to ensure liquidity at the actual rate but it should not exceed 7% over the capital used to lend on average. The capital is used to lend is the total actual amount after excluding capitals mentioned above.”

3. To amend the forth content in Sub-point a Point 2.2 Clause 2 Section VII as follows:

“- Pay for transaction costumes: the expenditure should not exceed ½ of the maximum expenditure for transaction costumes in cash to be included in the expenses that are deducted when determining the taxable income for enterprises.”.

4. The Form No. 11/BC-VDB shall be amended according to the Form attached together with this Circular.

Article 2. Implementation organization

1. This Circular takes effect on June 20, 2016 and shall be applied since the fiscal year 2015 (for regulations on expenditures for transaction costumes under Clause 3 Article 1 of this Circular shall be applied since the fiscal year 2016.

2. The Board of Management, General Director of Vietnam Development Bank, investors of projects that borrow investment credit capital, export credit of the State and other units shall implement this Circular./.

In the course of implementing this Circular, any arising problems should be promptly reported to the Ministry of Finance for consideration and settlement./.

For Minister

Deputy Minister

Tran Van Hieu