Taxpayers subject to the Law on CIT meet the following criteria their 2021 revenue is less than 200 billion dong; their 2021 revenue is reduced as against 2019 revenue.
Notes: The latter criterion mentioned above will not be applied to the taxpayer that is newly created, merged, consolidated, split up or split off in the tax period of 2020 and 2021.
In addition, exemption from payment of PIT, VAT and other tax amounts payable from business and manufacturing activities in months of the quarter III and IV of 2021 is granted to:
Households and individuals in districts affected by the Covid-19 epidemic in 2021, subject to decisions of Presidents of People’s Committees of provinces and centrally-affiliated cities.
Do not apply tax exemption on income or revenue generated from provision of software products and services, digital information content products and services relating to electronic entertainment, video games, films, photos and music; digital advertisements.
Resolution No. 406/NQ-UBTVQH14 is entering into force as from the signature date.
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