{"id":7673,"date":"2026-08-28T15:28:09","date_gmt":"2026-08-28T08:28:09","guid":{"rendered":"https:\/\/thue.man.net.vn\/?p=7673"},"modified":"2026-08-28T15:28:25","modified_gmt":"2026-08-28T08:28:25","slug":"chi-phi-thue-tndn-hoan-lai-theo-thong-tu-99","status":"publish","type":"post","link":"https:\/\/thue.man.net.vn\/en\/chi-phi-thue-tndn-hoan-lai-theo-thong-tu-99\/","title":{"rendered":"Guidance on accounting for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Instructions for accounting for deferred corporate income tax expense. <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Thong-tu-99-2025-TT-BTC-huong-dan-Che-do-ke-toan-doanh-nghiep-565484.aspx\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Circular 99\/2025\/TT-BTC<\/span><\/a><span style=\"font-weight: 400;\"> This is the content every chief accountant needs to understand before the circular takes effect on January 1, 2026, replacing the previous one. <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Thong-tu-200-2014-TT-BTC-huong-dan-Che-do-ke-toan-Doanh-nghiep-263599.aspx\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Circular 200\/2014\/TT-BTC<\/span><\/a><span style=\"font-weight: 400;\">. This represents a shift in accounting thinking in Vietnam, moving from rigid adherence to each account to a more flexible approach, approaching international standards. For businesses with temporary discrepancies between accounting profit and taxable income, incorrect accounting of Account 8212 can have significant consequences during final settlement.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This article is compiled from a practical perspective. <\/span><b>MAN \u2013 Master Accountant Network<\/b><span style=\"font-weight: 400;\">, This is a tax, accounting, and auditing consulting firm with over 30 years of experience working directly with FDI and domestic businesses in Vietnam. The content closely follows the regulations in Appendix II issued with Circular 99\/2025\/TT-BTC, compares it with Vietnamese Accounting Standard No. 17, and points out accounting risks commonly encountered by corporate accountants in practice.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Summary of key points regarding the accounting guidance for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC<\/b><\/h2>\n<figure id=\"attachment_7677\" aria-describedby=\"caption-attachment-7677\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7677\" src=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC.jpg\" alt=\"T\u00f3m t\u1eaft tr\u1ecdng t\u00e2m v\u1ec1 h\u01b0\u1edbng d\u1eabn h\u1ea1ch to\u00e1n chi ph\u00ed thu\u1ebf TNDN ho\u00e3n l\u1ea1i theo Th\u00f4ng t\u01b0 99\/2025\/TT-BTC\" width=\"1200\" height=\"675\" srcset=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC.jpg 1200w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-300x169.jpg 300w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-1024x576.jpg 1024w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-768x432.jpg 768w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Tom-tat-trong-tam-ve-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-7677\" class=\"wp-caption-text\">Summary of key points regarding the accounting guidance for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC<\/figcaption><\/figure>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The guidance on accounting for deferred corporate income tax expense according to Circular 99\/2025\/TT-BTC stipulates how to record, reflect, and transfer deferred income tax expense arising from temporary differences, through Account 8212.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Legal basis: Circular 99\/2025\/TT-BTC issued by the Ministry of Finance on October 27, 2025, effective from January 1, 2026, replacing Circular 200\/2014\/TT-BTC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Applicable entities: businesses in all sectors and economic components that generate deferred income tax assets (Account 243) or deferred income tax liabilities (Account 347).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The nature of the transaction: recorded via Debit\/Credit account 8212 offsetting accounts 243 and 347, at the end of the period the entire difference is transferred to account 911, with no ending balance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Preparation timeframe: starting from Q4\/2025 so that the accounting system and software are ready for implementation from the 2026 accounting period.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><b>What are the guidelines for accounting for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC?<\/b><\/h2>\n<figure id=\"attachment_7675\" aria-describedby=\"caption-attachment-7675\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7675\" src=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi.jpg\" alt=\"H\u01b0\u1edbng d\u1eabn h\u1ea1ch to\u00e1n chi ph\u00ed thu\u1ebf TNDN ho\u00e3n l\u1ea1i theo Th\u00f4ng t\u01b0 99\/2025\/TT-BTC l\u00e0 g\u00ec?\" width=\"1200\" height=\"675\" srcset=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi.jpg 1200w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi-300x169.jpg 300w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi-1024x576.jpg 1024w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi-768x432.jpg 768w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-la-gi-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-7675\" class=\"wp-caption-text\">What are the guidelines for accounting for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Deferred corporate income tax expense is a tax expense arising not from tax obligations in the current year, but from a temporary difference between the book value and the tax base of assets and liabilities. This expense is reflected in Account 8212, offsetting Account 243 \u2013 Deferred Income Tax Assets and Account 347 \u2013 Deferred Income Tax Payable.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Appendix II, Part B, Section 3 of Circular 99\/2025\/TT-BTC, accounting is carried out according to four specific scenarios. Businesses need to clearly distinguish between deferred tax expense increases and tax reductions to avoid confusion when preparing year-end financial statements.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>The nature of Account 8212 in the new accounting system.<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Account 8212 is not essentially a tax payable immediately to the state budget. It is an accounting tool to reflect the impact of temporary differences on business results during the period, in accordance with the matching principle between revenue and expenses. Therefore, this account has no ending balance; all transactions are transferred to Account 911 when the books are closed.<\/span><\/p>\n<blockquote><p><b><i>See more articles at: <\/i><\/b><a href=\"https:\/\/thue.man.net.vn\/tai-khoan-8212\/\"><b><i>Account 8212 Deferred Corporate Income Tax Expense<\/i><\/b><\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\"><b>Why do businesses need to understand the guidelines for accounting for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC?<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Many manufacturing businesses, businesses with large fixed assets, or those with provisions not yet deducted when calculating taxes often incur temporary differences. If deferred tax expenses are not properly accounted for, the income statement will inaccurately reflect after-tax profits, directly affecting the decisions of shareholders, lending banks, and tax authorities during audits.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">From this perspective <\/span><b>MAN \u2013 Master Accountant Network<\/b><span style=\"font-weight: 400;\">, After years of reviewing financial statements for foreign-invested enterprises in the South, one of the most common errors is the complete omission of deferred income tax recognition, resulting in financial statements that do not accurately reflect the economic nature of the transactions. When independent auditors investigate, this item is often one of the most frequently adjusted.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Which entities are required to apply the accounting guidelines for deferred corporate income tax expenses under Circular 99\/2025\/TT-BTC?<\/b><\/h2>\n<figure id=\"attachment_7674\" aria-describedby=\"caption-attachment-7674\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7674\" src=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC.jpg\" alt=\"\u0110\u1ed1i t\u01b0\u1ee3ng n\u00e0o ph\u1ea3i \u00e1p d\u1ee5ng h\u01b0\u1edbng d\u1eabn h\u1ea1ch to\u00e1n chi ph\u00ed thu\u1ebf TNDN ho\u00e3n l\u1ea1i theo Th\u00f4ng t\u01b0 99\/2025\/TT-BTC?\" width=\"1200\" height=\"675\" srcset=\"https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC.jpg 1200w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-300x169.jpg 300w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-1024x576.jpg 1024w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-768x432.jpg 768w, https:\/\/thue.man.net.vn\/wp-content\/uploads\/2026\/08\/Doi-tuong-nao-phai-ap-dung-huong-dan-hach-toan-chi-phi-thue-TNDN-hoan-lai-theo-Thong-tu-99_2025_TT-BTC-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-7674\" class=\"wp-caption-text\">Which entities are required to apply the accounting guidelines for deferred corporate income tax expenses under Circular 99\/2025\/TT-BTC?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Circular 99\/2025\/TT-BTC applies to businesses in all sectors and economic components established and operating under Vietnamese law. This applies specifically to the accounting of expenses. <\/span><a href=\"https:\/\/thue.man.net.vn\/tong-quan-thue-tndn\/\"><span style=\"font-weight: 400;\">corporate income tax<\/span><\/a><span style=\"font-weight: 400;\"> With the postponement, the practical application typically focuses on the following groups:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses may experience temporary taxable or deductible differences between accounting and tax records, such as depreciation of fixed assets, provisions for doubtful receivables, and warranty provisions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses with unused taxable losses or unused corporate income tax incentives that have the potential to generate future taxable profits can recover deferred tax assets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Listed companies, foreign-invested companies, and companies required to prepare consolidated financial statements are subject to strict compliance with Vietnamese Accounting Standard No. 17.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Small and medium-sized enterprises may choose to apply Circular 99\/2025\/TT-BTC if it suits their operational characteristics and management requirements.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Point to note: micro-enterprises may still choose to apply a simpler accounting system according to their own regulations, and are not required to track Account 8212 in detail unless significant temporary differences arise.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>When do businesses need to apply the new regulations for accounting for deferred corporate income tax expenses?<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Circular 99\/2025\/TT-BTC, issued by the Ministry of Finance on October 27, 2025, officially takes effect from January 1, 2026, replacing Circulars 200\/2014\/TT-BTC, 75\/2015\/TT-BTC, and 53\/2016\/TT-BTC. Businesses have a transition period from the end of 2025 to the end of 2026 to update accounting software, train personnel, and adjust internal processes.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Regarding the accounting of deferred corporate income tax expenses, the effective date is linked to the 2026 accounting period. This means that financial statements for the fiscal year beginning January 1, 2026, must reflect Account 8212 according to the new structure and principles. For businesses that have fully prepared their resources, the circular also allows for earlier application than the mandatory date.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Legal documents related to deferred corporate income tax expenses.<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For accurate accounting, accountants need to compare multiple documents simultaneously, not just Circular 99\/2025\/TT-BTC. The table below summarizes the core legal basis.<\/span><\/p>\n<table style=\"width: 100%; border-style: solid; border-color: #000000; height: 384px;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Summary of legal documents related to deferred corporate income tax expense<\/b><\/caption>\n<tbody>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px; width: 28.7582%;\"><b>Legal documents<\/b><\/td>\n<td style=\"text-align: center; height: 56px; width: 26.2164%;\"><b>Number \/ Date of Issue<\/b><\/td>\n<td style=\"text-align: center; height: 56px; width: 44.2992%;\"><b>Related content<\/b><\/td>\n<\/tr>\n<tr style=\"height: 80px;\">\n<td style=\"text-align: center; height: 80px; width: 28.7582%;\"><span style=\"font-weight: 400;\">Circular 99\/2025\/TT-BTC<\/span><\/td>\n<td style=\"text-align: center; height: 80px; width: 26.2164%;\"><span style=\"font-weight: 400;\">Ministry of Finance, October 27, 2025, effective January 1, 2026<\/span><\/td>\n<td style=\"text-align: center; height: 80px; width: 44.2992%;\"><span style=\"font-weight: 400;\">Guidelines for the new corporate accounting system, specifying the structure and accounting methods for accounts 8212, 243, and 347.<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px; width: 28.7582%;\"><span style=\"font-weight: 400;\">Circular 200\/2014\/TT-BTC<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 26.2164%;\"><span style=\"font-weight: 400;\">Ministry of Finance, December 22, 2014<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 44.2992%;\"><span style=\"font-weight: 400;\">The old corporate accounting system will be replaced by Circular 99\/2025\/TT-BTC from January 1, 2026.<\/span><\/td>\n<\/tr>\n<tr style=\"height: 80px;\">\n<td style=\"text-align: center; height: 80px; width: 28.7582%;\"><span style=\"font-weight: 400;\">Vietnamese Accounting Standard No. 17<\/span><\/td>\n<td style=\"text-align: center; height: 80px; width: 26.2164%;\"><span style=\"font-weight: 400;\">Issued pursuant to Decision 12\/2005\/QD-BTC<\/span><\/td>\n<td style=\"text-align: center; height: 80px; width: 44.2992%;\"><span style=\"font-weight: 400;\">Principles for recognizing and determining the value of deferred income tax assets and deferred income tax liabilities.<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px; width: 28.7582%;\"><span style=\"font-weight: 400;\">Circular 75\/2015\/TT-BTC<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 26.2164%;\"><span style=\"font-weight: 400;\">Ministry of Finance, May 18, 2015<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 44.2992%;\"><span style=\"font-weight: 400;\">Amendments and additions to Article 128 of Circular 200\/2014\/TT-BTC, which was replaced at the same time as Circular 200.<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px; width: 28.7582%;\"><span style=\"font-weight: 400;\">Circular 53\/2016\/TT-BTC<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 26.2164%;\"><span style=\"font-weight: 400;\">Ministry of Finance, March 21, 2016<\/span><\/td>\n<td style=\"text-align: center; height: 56px; width: 44.2992%;\"><span style=\"font-weight: 400;\">Amendments and additions to certain articles of Circular 200\/2014\/TT-BTC, which were replaced at the same time.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><b>Important Note:<\/b><span style=\"font-weight: 400;\"> Businesses need to monitor further specific operational guidance documents that the Ministry of Finance or the General Department of Taxation may issue during the implementation of Circular 99\/2025\/TT-BTC, as the new circular grants businesses more autonomy in designing detailed level 2 and level 3 accounting systems.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Structure and accounting principles for Account 8212 according to Circular 99\/2025\/TT-BTC<\/b><\/h2>\n<h3 style=\"text-align: justify;\"><b>Accounting principles for deferred corporate income tax expense.<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to the provisions in Part B, Section 1 of Appendix II issued with Circular 99\/2025\/TT-BTC, the accounting principles for deferred corporate income tax expense consist of three core elements:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At the end of the accounting period, businesses must determine deferred income tax expense in accordance with the provisions of Vietnamese Accounting Standard No. 17 \u2013 Corporate Income Tax.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses are not allowed to reflect in Account 8212 any deferred income tax assets or deferred income tax liabilities arising from transactions directly recorded in equity, such as the revaluation of fixed assets directly recorded in the revaluation difference.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At the end of the accounting period, the business must transfer the difference between the debit and credit entries of Account 8212 \u2013 Deferred Corporate Income Tax Expense to Account 911 \u2013 Determination of Business Results.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Debit and Credit Structure of Account 8212<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Part B, Section 2 of Appendix II issued with Circular 99\/2025\/TT-BTC, the structure and content of Account 8212 are specified in detail as follows.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Debit side<\/b><span style=\"font-weight: 400;\"> It reflects three main points:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deferred corporate income tax expense arising during the year from the recognition of deferred income tax payable is the difference between the deferred income tax payable arising during the year and the deferred income tax payable reversed during the year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The amount of deferred income tax assets recognized from previous years is the difference between the deferred income tax assets reversed during the year and the deferred income tax assets arising during the year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transfer the difference between the credit balance of Account 8212 and the debit balance of Account 8212 during the period to the credit balance of Account 911 \u2013 Determination of Business Results.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><b>The Owned Side<\/b><span style=\"font-weight: 400;\"> It reflects three main points:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The reduction in deferred corporate income tax expense corresponds to the recognition of a deferred income tax asset, which is the difference between the deferred income tax asset arising during the year and the deferred income tax asset reversed during the year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Record a reduction in deferred corporate income tax expense corresponding to the reversal of deferred income tax payable, which is the difference between the deferred income tax payable reversed during the year and the deferred income tax payable incurred during the year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The difference between the credit balance of Account 8212 and the debit balance of Account 8212 arising during the period is transferred to the debit side of Account 911 \u2013 Determination of Business Results.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Account 8212 \u2013 Deferred Corporate Income Tax Expense has no ending balance. This is a significant difference compared to regular asset or liability accounts, and it&#039;s also the most common misunderstanding for novice accountants when first encountering Circular 99\/2025\/TT-BTC.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Specific accounting entries are governed by Circular 99\/2025\/TT-BTC.<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">There are four main types of accounting entries that accountants need to understand to avoid mistakes when making them:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When recognizing deferred income tax payable arising during the year that exceeds the amount reversed during the year, debit account 8212 and credit account 347.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the reversal of deferred income tax assets recognized from previous years exceeds the new amount arising in the current year, debit account 8212 and credit account 243.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the deferred income tax asset arising during the year is greater than the amount to be reversed, record a reduction in expense with the journal entry Debit Account 243, Credit Account 8212.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the deferred income tax payable is reversed in the year and exceeds the newly arising amount, the expense is reduced by debiting account 347 and crediting account 8212.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">At the end of the period, if Account 8212 has a debit balance greater than its credit balance, the accountant debits Account 911 and credits Account 8212. Conversely, if the credit balance is greater than the debit balance, the accountant debits Account 8212 and credits Account 911.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Comparison table of accounting methods for deferred corporate income tax expense: Circular 200 and Circular 99\/2025<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The accounting method for deferred corporate income tax expenses has undergone some notable changes since the transition from Circular 200\/2014\/TT-BTC to Circular 99\/2025\/TT-BTC. From 2026, businesses will continue to use account 8212, but the approach will be adjusted to be more flexible and increase autonomy in organizing their accounting system. The table below helps businesses easily identify the key differences between the old and new regulations.<\/span><\/p>\n<table style=\"width: 100%; border-style: solid; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Comparison table of accounting methods for deferred corporate income tax expense: Circular 200 and Circular 99\/2025<\/b><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria<\/b><\/td>\n<td style=\"text-align: center;\"><b>Circular 200\/2014\/TT-BTC (old)<\/b><\/td>\n<td style=\"text-align: center;\"><b>Circular 99\/2025\/TT-BTC (new)<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">User account<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Account 8212 \u2013 Deferred Corporate Income Tax Expense<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Keep account 8212 unchanged, but clarify the structure further.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">approach<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Detailed, step-by-step regulations.<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Empowering businesses to design detailed account profiles.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Validity<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Effective from December 22, 2014, until the end of 2025.<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">From January 1, 2026, Circular 200 will be completely replaced.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Level of international harmony<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Relatively limited<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Enhancing harmonization with international accounting practices.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">Ending balance of account 8212<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">No ending balance<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">No ending balance, the principle remains unchanged.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: justify;\"><b>Practical example: accounting for deferred corporate income tax expense in a manufacturing company.<\/b><\/h2>\n<h3 style=\"text-align: justify;\"><b>Background<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Company Y, a limited liability company operating in the electronics manufacturing sector in Dong Nai, has fixed assets depreciated using the straight-line method in accounting but applies accelerated depreciation when calculating corporate income tax. A temporary taxable difference arises because the taxable depreciation value is greater than the book depreciation value in the first three years.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>The procedure is as stipulated in Circular 99\/2025\/TT-BTC.<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">At the end of fiscal year 2026, the accountant determined that the deferred income tax payable arising from the taxable temporary difference was VND 450 million, while the reversal from the previous year was VND 120 million. The difference of VND 330 million was recorded with the journal entry: Debit Account 8212 VND 330 million, Credit Account 347 VND 330 million. At the end of the period, since Account 8212 did not have any other expense reduction transactions, the entire VND 330 million was transferred to Account 911 with the journal entry: Debit Account 911, Credit Account 8212.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Results and lessons learned<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Thanks to timely recognition, the company&#039;s 2026 financial statements accurately reflect its potential future tax obligations, providing the board of directors with a more accurate basis for assessing tax cash flows when planning for the following year&#039;s finances. During the independent audit, the deferred tax item was not excluded from the audit report, a significant difference from previous years when the company had omitted this entry.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Expert opinion: Common business risks when accounting for deferred corporate income tax expense.<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Experts at <\/span><b>MAN \u2013 Master Accountant Network<\/b><span style=\"font-weight: 400;\"> With over 30 years of experience in auditing and tax consulting in Vietnam, we have identified four of the most common risk groups when businesses implement the guidelines for accounting for deferred corporate income tax expenses according to Circular 99\/2025\/TT-BTC.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li aria-level=\"1\"><b>Risk 1: Completely omitting the recognition of deferred income tax: <\/b><span style=\"font-weight: 400;\">Many small and medium-sized enterprises (SMEs) without dedicated accounting departments often only calculate current corporate income tax, neglecting deferred tax, resulting in financial statements that do not fully reflect potential tax obligations. When changing auditors or raising investment capital, this is often a point that requires retrospective adjustments, causing delays and affecting the credibility of the reports.<\/span><\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li aria-level=\"1\"><b>Risk 2: Confusion between temporary and permanent differences: <\/b><span style=\"font-weight: 400;\">Not all differences between accounting and tax create deferred tax. Permanent differences, such as administrative penalty expenses that are not deductible when calculating taxes, will never create deferred tax assets or liabilities. Confusing these two types of differences can easily lead to misrepresentation of the nature of the transaction.<\/span><\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li aria-level=\"1\"><b>Risk 3: Recognizing deferred tax assets that are uncollectible: <\/b><span style=\"font-weight: 400;\">According to Standard 17, deferred income tax assets should only be recognized when the business is certain to generate future taxable profits to recover them. Recognizing a deferred tax asset despite sustained losses without reassessing its recoverability is a serious error and often results in an auditor&#039;s qualified opinion.<\/span><\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li aria-level=\"1\"><b>Risk 4: Accounting software has not been updated to reflect the new chart of accounts. <\/b><span style=\"font-weight: 400;\">The transition from Circular 200 to Circular 99\/2025\/TT-BTC requires accounting software to be updated with the correct journal entry structure, especially the logic for year-end transfers between account 8212 and account 911. If the software is not updated in time by the vendor, accountants risk having to process transactions manually outside the system, easily leading to discrepancies between ledgers and reports.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><b>Conclude<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The guidance on accounting for deferred corporate income tax expenses under Circular 99\/2025\/TT-BTC is not just a technical change in document number, but requires businesses to review their entire approach to managing temporary differences in their accounting systems. From correctly identifying the nature of Account 8212, distinguishing temporary differences from permanent differences, to updating software and internal processes, each step directly affects the accuracy of financial statements when entering the 2026 accounting period.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Tax services at MAN \u2013 Master Accountant Network<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/thue.man.net.vn\/dich-vu-ke-toan-thue-tron-goi-la-gi\/\"><span style=\"font-weight: 400;\">Tax accounting services<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/thue.man.net.vn\/bang-gia-dich-vu-tu-van-thue\/\"><span style=\"font-weight: 400;\">Tax consulting services<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/thue.man.net.vn\/bang-gia-dich-vu-quyet-toan-thue-moi-nhat\/\"><span style=\"font-weight: 400;\">Tax settlement services<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/thue.man.net.vn\/gia-dich-vu-bao-cao-thue\/\"><span style=\"font-weight: 400;\">Tax reporting services<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/thue.man.net.vn\/phi-dich-vu-hoan-thue-gtgt\/\"><span style=\"font-weight: 400;\">VAT refund service<\/span><\/a><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Service contact information at MAN \u2013 Master Accountant Network<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Address:<\/b><span style=\"font-weight: 400;\"> No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mobile\/Zalo:<\/b><span style=\"font-weight: 400;\"> 0903 963 163 &#8211; 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>E-mail:<\/b> <a href=\"mailto:man@man.net.vn\"><span style=\"font-weight: 400;\">man@man.net.vn<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google Business Profile:<\/b> <a href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">View MAN \u2013 Master Accountant Network&#039;s Google Business Profile<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn Founder:<\/b><a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">View expert Le Hoang Tuyen&#039;s LinkedIn profile.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Responsible for production and professional content review by: Mr. <\/span><a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Le Hoang Tuyen<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO of MAN \u2013 Master Accountant Network, CPA Vietnam with over 30 years of experience in accounting, auditing, taxation, and corporate financial consulting.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b>Frequently Asked Questions regarding the accounting guidelines for deferred corporate income tax expenses under Circular 99\/2025\/TT-BTC<\/b><\/h2>\n<h3 style=\"text-align: justify;\"><b>When does Circular 99\/2025\/TT-BTC take effect?<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">From January 1, 2026, Circular 200\/2014\/TT-BTC and related amendments will replace the new accounting structure and principles starting from the 2026 accounting period. Businesses need to apply the new accounting structure and principles.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Does account 8212 have a closing balance?<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No. All debit and credit entries in Account 8212 are transferred to Account 911 \u2013 Determination of Business Results at the end of each accounting period.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Are small businesses required to account for deferred corporate income tax expenses?<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If a business does not have significant temporary differences between accounting and tax records, this item may not be material. However, small and medium-sized enterprises with large fixed assets or unused tax losses should still review it to avoid omissions.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Does deferred corporate income tax expense increase the amount of tax payable immediately in the year?<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No. This is an accounting entry reflecting future tax obligations and does not create an immediate tax payment obligation in the current period. The actual tax payable will still be based on the current corporate income tax return.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>What preparations do businesses need to make before Circular 99\/2025\/TT-BTC comes into effect?<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Businesses need to review all existing temporary differences, update accounting software according to the new account structure, and retrain accounting personnel on the principles of transferring between account 8212 and account 911 before entering the 2026 accounting period.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>H\u01b0\u1edbng d\u1eabn h\u1ea1ch to\u00e1n chi ph\u00ed thu\u1ebf TNDN ho\u00e3n l\u1ea1i theo Th\u00f4ng t\u01b0 99\/2025\/TT-BTC l\u00e0 n\u1ed9i dung m\u1ecdi k\u1ebf to\u00e1n tr\u01b0\u1edfng c\u1ea7n n\u1eafm v\u1eefng tr\u01b0\u1edbc khi th\u00f4ng t\u01b0 c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb 1\/1\/2026, thay th\u1ebf Th\u00f4ng t\u01b0 200\/2014\/TT-BTC. \u0110\u00e2y l\u00e0 b\u01b0\u1edbc chuy\u1ec3n t\u01b0 duy l\u00e0m k\u1ebf to\u00e1n t\u1ea1i Vi\u1ec7t Nam, t\u1eeb tu\u00e2n th\u1ee7 c\u1ee9ng nh\u1eafc [&hellip;]<\/p>","protected":false},"author":4,"featured_media":7676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3,7],"tags":[],"class_list":["post-7673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thue-tndn","category-tin-tuc-thue"],"acf":[],"_links":{"self":[{"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/7673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=7673"}],"version-history":[{"count":2,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/7673\/revisions"}],"predecessor-version":[{"id":7679,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/7673\/revisions\/7679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/media\/7676"}],"wp:attachment":[{"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=7673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=7673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thue.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=7673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}