Circular No. 37/2021/TT-BTC abolishes Circular No. 179/2012/TT-BTC dated October 24, 2012, issued by the Minister of Finance regarding the recognition, evaluation, and handling of foreign exchange rate differences in enterprises.

CIRCULAR
REPEALS Circular No. 179/2012/TT-BTC dated October 24, 2012 of the Minister of Finance on recording, evaluating, and handling foreign exchange rate differences in enterprises

On the basis of Law on Enacting Legal Regulatory Documents dated June 22, 2015;

On the basis of Law Amending and Supplementing Several Provisions of the Law on Legal Documents dated June 18, 2020;

Decree No. Decision No. 34/2016/NĐ-CP dated May 14, 2016 of the Government detailing certain provisions and implementing measures of the Law on Legislative Issuance of Legal Normative Documents;

Decree No. Decision No. 154/2020/NĐ-CP December 31, 2020 amending and supplementing certain provisions of Decree No. Decision No. 34/2016/NĐ-CP dated May 14, 2016 of the Government detailing certain provisions and implementing measures of the Law on Legislative Issuance of Legal Normative Documents;

Decree No. 87/2017/NĐ-CP July 26, 2017 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

The Minister of Finance hereby issues this Circular amending and supplementing certain Articles of Circular No. 133/2015/TT-BTC dated August 31, 2015, issued by the Minister of Finance guiding the financial management mechanism for the Vietnam Chamber of Commerce and Industry (hereinafter referred to as Circular No. 133/2015/TT-BTC).

The Minister of Finance issues this Circular to abolish Circular No. 179/2012/TT-BTC dated October 24, 2012 of the Minister of Finance on recording, evaluating, and handling foreign exchange rate differences in enterprises as follows:

Article 1. REPEALS entirely Circular No. 179/2012/TT-BTC dated October 24, 2012 of the Minister of Finance on recording, evaluating, and handling foreign exchange rate differences in enterprises.

Article 2. Effective Date

1. This Circular takes effect from July 11, 2021.

2. The Director of the Department of Enterprise Finance, Heads of units under the Ministry of Finance, and relevant agencies, organizations, and individuals are responsible for implementing this Circular./.