What are xoilac tv trực tiếp bóng đá hôm nay regulations on CIT exemption and reduction periods in Vietnam?
What are xoilac tv trực tiếp bóng đá hôm nay regulations on CITexemption and reduction periods in Vietnam?
Under Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw on CIT2008amended and supplemented by Clause 8 of Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 32/2013/QH13 xem bóng đá trựcand Point b Clause 4 Article 75 of xoilac tv trực tiếp bóng đá hôm naytrực tiếp bóng đá hôm, regulations on CIT exemption and reduction periods are as follows:
- Income from enterprises implementing new investment projects stipulated in Clause 1, Point a Clause 2 of Article 13 of xoilac tv trực tiếp bóng đá hôm nayLaw on CIT 2008and incomeof hi-tech enterprises, hi-tech agricultural enterprises are eligible for tax exemption for up to 4 years, and eligible for 50% tax reduction for up to 9 more years.
For investment projects specified in Clause 2, Article 20 of xoilac tv trực tiếp bóng đá hôm naytrực tiếp bóng đá hôm, xoilac tv trực tiếp bóng đá hôm nay Prime Minister of Vietnam will decide on xoilac tv trực tiếp bóng đá hôm nay application of tax exemption for a maximum of six years and a 50% reduction of xoilac tv trực tiếp bóng đá hôm nay payable tax amount for a maximum of thirteen years thereafter.
- Income from enterprises implementing new investment projects specified in Clause 3, Article 13 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12and income from enterprises implementing new investment projects in industrial zones, except for industrial zones located in areas with advantageous socio-economic conditions as per regulation, will be exempt from tax for a maximum of two years and will receive a 50% reduction in xoilac tv trực tiếp bóng đá hôm nay payable tax amount for a maximum of xoilac tv trực tiếp bóng đá hôm nay following four years.
- xoilac tv trực tiếp bóng đá hôm nay tax exemption and reduction period for income of enterprises implementing new investment projects stipulated in Clauses 1 and 2, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12will start from xoilac tv trực tiếp bóng đá hôm nay first year of taxable income generated from xoilac tv trực tiếp bóng đá hôm nay project. In cases where there is no taxable income in xoilac tv trực tiếp bóng đá hôm nay first three years, from xoilac tv trực tiếp bóng đá hôm nay first year generating revenue, xoilac tv trực tiếp bóng đá hôm nay tax exemption, and reduction period will be calculated from xoilac tv trực tiếp bóng đá hôm nay fourth year.
xoilac tv trực tiếp bóng đá hôm nay tax exemption and reduction period for high-tech enterprises and enterprises applying high technology in agriculture as stipulated in Point c, Clause 1, Article 13 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12will start from xoilac tv trực tiếp bóng đá hôm nay date of issuing xoilac tv trực tiếp bóng đá hôm nay certification as a high-tech enterprise or enterprise applying high technology in agriculture.
- Enterprises with investment projects for xoilac tv trực tiếp bóng đá hôm nay development of ongoing investment projects in fields and locations eligible for CIT incentives as stipulated in xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12that expand production scale, increase capacity, innovate production technology (expanded investment) if meeting one of xoilac tv trực tiếp bóng đá hôm nay three criteria stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw on CIT 2008may choose to enjoy tax incentives according to xoilac tv trực tiếp bóng đá hôm nay ongoing project for xoilac tv trực tiếp bóng đá hôm nay remaining duration (if any) or be exempt from tax, and get a reduction for additional income generated from xoilac tv trực tiếp bóng đá hôm nay expanded investment.
xoilac tv trực tiếp bóng đá hôm nay exemption and reduction period for additional income from expanded investment stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12is equivalent to xoilac tv trực tiếp bóng đá hôm nay tax exemption and reduction period applied to new investment projects in xoilac tv trực tiếp bóng đá hôm nay same area and field eligible for CIT incentives.
Investment expansion projects eligible for incentives stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12must meet one of xoilac tv trực tiếp bóng đá hôm nay following criteria:
+ xoilac tv trực tiếp bóng đá hôm nay additional cost of fixed assets when xoilac tv trực tiếp bóng đá hôm nay investment project is completed and operational must be at least twenty billion VND for expanded investment projects in fields eligible for CIT incentives as regulated by xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12or at least ten billion VND for expanded investment projects implemented in areas with difficult or extremely difficult socio-economic conditions as per legislation;
+ xoilac tv trực tiếp bóng đá hôm nay proportion of increased fixed asset costs must be at least 20% compared to xoilac tv trực tiếp bóng đá hôm nay total cost of fixed assets before investment;
+ xoilac tv trực tiếp bóng đá hôm nay additional designed capacity must be at least 20% compared to xoilac tv trực tiếp bóng đá hôm nay designed capacity before investment.
If operating enterprises have expanded investments in fields and areas eligible for tax incentives as regulated by xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12but do not meet one of xoilac tv trực tiếp bóng đá hôm nay three criteria stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12, tax incentives will be applied according to xoilac tv trực tiếp bóng đá hôm nay ongoing project for xoilac tv trực tiếp bóng đá hôm nay remaining period (if any).
If an enterprise enjoys tax incentives for expanded investment, xoilac tv trực tiếp bóng đá hôm nay additional income from expanded investment must be separately accounted for. If separate accounting is not possible, xoilac tv trực tiếp bóng đá hôm nay income from expanded investment will be determined according to xoilac tv trực tiếp bóng đá hôm nay ratio between xoilac tv trực tiếp bóng đá hôm nay new cost of fixed assets put into production, and business compared to xoilac tv trực tiếp bóng đá hôm nay total cost of fixed assets of xoilac tv trực tiếp bóng đá hôm nay enterprise.
xoilac tv trực tiếp bóng đá hôm nay tax exemption and reduction period stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12will be calculated from xoilac tv trực tiếp bóng đá hôm nay year xoilac tv trực tiếp bóng đá hôm nay investment project is completed and put into production and business.
Tax incentives stipulated in Clause 4, Article 14 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12will not apply to cases of expanded investment due to mergers, acquisitions of enterprises, or ongoing investment projects.
What are xoilac tv trực tiếp bóng đá hôm nay regulations on CIT exemption and reduction periods in Vietnam? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
What income is exempt from CIT in Vietnam?
According to Article 4 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12as amended and supplemented by Clause 3 of Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 32/2013/QH13 xem bóng đá trực(and further amended by Clause 1 of Article 119 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 15/2023/QH15 dated January 9, 2023 onand Clause 2 of Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 71/2014/QH13 dated November), xoilac tv trực tiếp bóng đá hôm nay income exempt from CIT includes:
- Income from crop planting, husbandry, aquaculture, processing of agricultural and seafood products, and salt production by cooperatives; income of cooperatives operating in xoilac tv trực tiếp bóng đá hôm nay agriculture, forestry, fishery, and salt industries in areas with difficult socio-economic conditions or in areas with particularly difficult socio-economic conditions; income of enterprises from crop planting, husbandry, aquaculture, processing of agricultural and seafood products in areas with particularly difficult socio-economic conditions; income from seafood catching activities.
- Income from providing direct technical services serving agriculture.
- Income from xoilac tv trực tiếp bóng đá hôm nay implementation of research and development contracts, products in xoilac tv trực tiếp bóng đá hôm nay trial production period, products made from new technology applied for xoilac tv trực tiếp bóng đá hôm nay first time in Vietnam.
- Income from production and business activities of goods and services of enterprises where 30% of xoilac tv trực tiếp bóng đá hôm nay average workforce in a year or more are people with disabilities, people after rehabilitation, people infected with xoilac tv trực tiếp bóng đá hôm nay Human Immunodeficiency Virus (HIV/AIDS) and having an average workforce of twenty or more people in a year, excluding enterprises operating in xoilac tv trực tiếp bóng đá hôm nay finance, real estate business sectors.
- Income from vocational training activities specifically for ethnic minorities, people with disabilities, children in particularly difficult circumstances, and social evils subjects.
- Income allocated from capital contribution activities, joint ventures with domestic enterprises, after paying CIT as prescribed by xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12.
- Sponsorships received for activities in education, scientific research, culture, arts, charity, humanitarian aid, and other social activities in Vietnam.
- Income from xoilac tv trực tiếp bóng đá hôm nay transfer of emission reduction certificates (CERs) of enterprises granted emission reduction certificates.
- Income from performing State-assigned duties of xoilac tv trực tiếp bóng đá hôm nay Vietnam Development Bank in investment credit, export credit; income from credit activities for xoilac tv trực tiếp bóng đá hôm nay poor and other policy objects of xoilac tv trực tiếp bóng đá hôm nay Social Policy Bank; income of state financial funds and other state funds operating not for profit as prescribed by law; income of organizations wholly owned by xoilac tv trực tiếp bóng đá hôm nay State formed to handle bad debts of Vietnamese credit institutions.
- Undistributed income of socialized establishments in xoilac tv trực tiếp bóng đá hôm nay fields of education, training, healthcare, and other socialized fields to be reinvested in those establishments according to specialized laws on education, training, healthcare, and other socialized fields; income forming non-distributable assets of cooperatives established and operating under xoilac tv trực tiếp bóng đá hôm nayLuật trực tiếp bóng đá k+.
- Income from technology transfer within priority sectors to organizations or individuals in areas with particularly difficult socio-economic conditions.
Which incomes are subject to theCIT rate of10% in Vietnam?
Pursuant to Clause 2, Article 13 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 14/2008/QH12as amended and supplemented by Clause 7 of Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 32/2013/QH13 xem bóng đá trựcand further amended by Clause 6 of Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw No. 71/2014/QH13 dated November, xoilac tv trực tiếp bóng đá hôm nay 10% CIT rate applies to xoilac tv trực tiếp bóng đá hôm nay following incomes:
- Income from enterprises partaking in socialization activities in education-training, vocational training, healthcare, culture, sports, and xoilac tv trực tiếp bóng đá hôm nay environment;
- Income from enterprises executing investment projects - social housing business for sale, lease, or lease-purchase to subjects stipulated in Article 53 of xoilac tv trực tiếp bóng đá hôm nay2023 Law on Housing;
- Income from printed newspaper activities, including advertisements on printed newspapers as regulated by xoilac tv trực tiếp bóng đá hôm nayLuật xoilac tv trực; income from publishing activities as regulated by xoilac tv trực tiếp bóng đá hôm nay 2012 Publishing Law;
- Income from enterprises engaging in: planting, caring for, and protecting forests; aquaculture and processing of agricultural, aquatic products in areas with difficult socio-economic conditions; cultivating forest products in areas with difficult socio-economic conditions; production, and hybridization of plant and animal breeds; production, extraction, and refinement of salt, except xoilac tv trực tiếp bóng đá hôm nay salt specified in Clause 1, Article 4 of xoilac tv trực tiếp bóng đá hôm nayLaw on CIT 2008; investment in preserving post-harvest agricultural products, aquatic products, and food;
- Income from cooperatives engaging in agriculture, forestry, fishery, and salt production outside areas with difficult or extremely difficult socio-economic conditions, except for income from cooperatives stipulated in Clause 1, Article 4 of xoilac tv trực tiếp bóng đá hôm nayLaw on CIT 2008.
