What are bóng đá hôm nay trực tiếp solutions for CIT policy reform according to bóng đá hôm nay trực tiếp tax reform strategy until 2030 in Vietnam?

What are bóng đá hôm nay trực tiếp solutions for CIT policy reform according to bóng đá hôm nay trực tiếp tax reform strategy until 2030 in Vietnam?

According to Point d, Clause 1, Section 3, Article 1 ofDecision 508/QD-TTg in 2022, bóng đá hôm nay trực tiếp solutions for CIT policy reform according to bóng đá hôm nay trực tiếp tax reform strategy until 2030 in Vietnam include:

- Review and amend or abolish tax incentives, including tax exemption and reduction, that no longer satisfy development and international integration requirements;

- Minimize bóng đá hôm nay trực tiếp integration of social policies with tax exemption and reduction policies with bóng đá hôm nay trực tiếp intention of ensuring tax neutrality for stable application thereof in bóng đá hôm nay trực tiếp medium and long term;

- Grant corporate income tax incentives to small and extra-small enterprises and, at bóng đá hôm nay trực tiếp same time, put more emphasis on bóng đá hôm nay trực tiếp substance of foreign investment encouragement policies, instead of bóng đá hôm nay trực tiếp quantity thereof, encourage bóng đá hôm nay trực tiếp participation of all economic sectors in investment in key industries and sectors and areas preferred for investment.

- Broaden tax base to adapt to our country's socio-economic situation and conform to international practice;

- Implement standards of prevention and combat against transfer pricing and erosion of revenues in accordance with international practices;

What are bóng đá hôm nay trực tiếp solutions for CIT policy reform according to bóng đá hôm nay trực tiếp tax reform strategy until 2030 in Vietnam? (Image from Internet)

What does income subject to CIT in Vietnam include?

Under Article 3 ofLaw No. 14/2008/QH12, amended by Clause 1, Article 1 ofLaw No. 71/2014/QH13 dated November, taxable income includes income from production and business activities in goods and services and other income.

Other income includes:

- income from transfer of capital, transfer of bóng đá hôm nay trực tiếp right to capital contribution;

- income from real estate transfer, transfer of construction projects, transfer of bóng đá hôm nay trực tiếp right to participate in construction projects, transfer of bóng đá hôm nay trực tiếp right to mineral exploration, mineral extraction, and mineral processing;

- income from bóng đá hôm nay trực tiếp right to enjoyment of property, right to ownership of property, including income from intellectual property rights defined by law;

- income from transfer, lease, liquidation of assets, including valuable papers; income from deposit interest, loan interest, sale of foreign exchange;

- income from collection of debts that were cancelled;

- income from receipts from debts without creditors; incomes from business operation in previous years that were committed, and other incomes.

Concerning Vietnamese companies making investments in bóng đá hôm nay trực tiếp countries with which Vietnam has a Double Taxation Agreement and transfers incomes exclusive of CIT paid overseas to Vietnam, regulations of such Double Taxation Agreements shall apply.

If investments are made in countries with which Vietnam has not had Double Taxation Agreements, and if CIT incurred in such countries is lower than that imposed by bóng đá hôm nay trực tiếp Law on CIT of Vietnam, bóng đá hôm nay trực tiếp tax difference shall be paid.

What income is exempt from CIT?

According to Article 4 of bóng đá hôm nay trực tiếpLaw No. 14/2008/QH12amended and supplemented by clause 3, Article 1 of bóng đá hôm nay trực tiếpLaw No. 32/2013/QH13 xem bóng đá trựcand Clause 2, Article 1 ofLaw No. 71/2014/QH13 dated November, 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 bóng đá hôm nay trực tiếp 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 bóng đá hôm nay trực tiếp implementation of research and development contracts, products in bóng đá hôm nay trực tiếp trial production period, products made from new technology applied for bóng đá hôm nay trực tiếp first time in Vietnam.

- Income from production and business activities of goods and services of enterprises where 30% of bóng đá hôm nay trực tiếp average workforce in a year or more are people with disabilities, people after rehabilitation, people infected with bóng đá hôm nay trực tiếp Human Immunodeficiency Virus (HIV/AIDS) and having an average workforce of twenty or more people in a year, excluding enterprises operating in bóng đá hôm nay trực tiếp 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 bóng đá hôm nay trực tiếpLuật lịch trực tiếp.

- Sponsorships received for activities in education, scientific research, culture, arts, charity, humanitarian aid, and other social activities in Vietnam.

- Income from bóng đá hôm nay trực tiếp transfer of emission reduction certificates (CERs) of enterprises granted emission reduction certificates.

- Income from performing State-assigned duties of bóng đá hôm nay trực tiếp Vietnam Development Bank in investment credit, export credit; income from credit activities for bóng đá hôm nay trực tiếp poor and other policy objects of bóng đá hôm nay trực tiếp 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 bóng đá hôm nay trực tiếp State formed to handle bad debts of Vietnamese credit institutions.

- Undistributed income of socialized establishments in bóng đá hôm nay trực tiếp 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 bóng đá hôm nay trực tiếpLuật trực tiếp bóng đá k+.

- Income from technology transfer within priority sectors to organizations or individuals in areas with particularly difficult socio-economic conditions.