Clarification on the policy of corporate income tax (CIT) incentives.

Value Added Tax Policy for software products and software services

On May 2, 2024, the General Department of Taxation issued Official Letter No. 1794/TCT-CS in response to the issues concerning the policy of corporate income tax (CIT) incentives. Based on Clause 2, Article 5 of Circular No. 96/2015/TT-BTC dated June 22, 2015 of the Ministry of Finance amending and supplementing Clause 9, Article 7 of […]

Value Added Tax (VAT) on specialized electronic equipment

Official Letter No. 1820/TCHQ-TXNK on guidance on reducing Value Added Tax (VAT) for CNC laser machines.

On April 26, 2024, the General Department of Customs issued Official Letter No. 1820/TCHQ-TXNK on guidance on reducing Value Added Tax (VAT) for CNC laser machines. Based on Section IV Part B Appendix III of Decree No. 94/2023/ND-CP dated December 28, 2023, of the Government, the goods mentioned in Official Letter No. 20240401/GFVN determined as […]

Determining a new investment project in the field of software product production

Determining a new investment project in the field of software product production

On April 25, 2024, the General Department of Taxation issued Official Letter No. 1741/TCT-CS in response to the determination of a new investment project in the field of software product production. Based on Decree No. 12/2015/ND-CP dated February 12, 2015, of the Government; In Appendix No. 01 - List of software products (Issued together with […]