What useful life should be considered when estimating the TAB factor of an intangible asset?

Amortisation of intangible assets is not always tax deductible. Its deductibility depends on the corporate income tax legislation of single countries. Most countries define maximum amortisation rates or minimum number of years in which the amortisation of intangible assets can be deducted, if at all. This page displays the legal tax amortisation periods of the main types of intangible assets.

Summary Table

CountryPatentsTechnologyTrademarkCustomer relationships GoodwillLast update
Vietnam333RUL (≥20)3Apr 2016

Further Detail and Source Legislation

The intangible assets are defined in Circular No: 45/2013/TT-BTC under General Regulation, Article 2, Article 3 and Article 6[1]. Patents , Technology and Trademark are amortized into business cost of enterprises over a maximum period of 3 years.

Goodwill: may only be amortized over a maximum period of 3 years[2].

  1. ^ Circular No.: 45/2013/TT-BTC
  2. ^ KPMG - Taxation of Cross-Border Mergers and Acquisitions 2014

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