Corporate Income Tax Policy

Nội dung bài viết

On June 3, 2024, the General Department of Taxation issued Official Dispatch No. 2328/TCT-CS regarding corporate income tax policy.

Based on Clause 2, Article 19 of Decree No. 218/2013/NĐ-CP dated December 26, 2013, by the Government detailing and guiding the implementation of the Law on Corporate Income Tax; Clause 1, Article 18 and Clauses 2 and 3, Article 19 of Decree No. 46/2014/NĐ-CP dated May 15, 2014, by the Government; Clause 1, Article 12 of Circular No. 77/2014/TT-BTC dated June 16, 2014, by the Ministry of Finance, which provides specific regulations on exemptions for land and water surface rent; Clause 1 and Point a, Clause 5, Article 15 of the Investment Law No. 61/2020/QH14 dated June 17, 2020:

- Corporate Income Tax Policy: In principle, income derived from mineral exploitation activities is not eligible for corporate income tax incentives.

- Land Rent Incentive Policy: The current land legislation stipulates land rent incentive policies for investment projects, which are determined based on each approved investment project and are associated with new land leases, as evaluated and approved in accordance with legal regulations.

CONTACT US

Contact us for 24/7 consulting support

    Related Posts

    Company dissolution procedure

    Question: What is the legal procedure for dissolving a foreign-invested limited liability company A (in which our company holds a 30% capital contribution)? Answer: 1.1.

    Read More