Headlines 01/11/2021 16:45 CH

Decree No. 92/2021/ND-CP to specify beneficiaries of tax exemption and reduction

Ngọc Duy

The Government promulgates the Decree No. 92/2021/ND-CP providing detailed regulations on implementation of the Resolution No. 406/NQ-UBTVQH15 regarding several measures to support enterprises and people suffering Covid-19 impacts.

According to this document, the CIT reduction will be applied to entities manufacturing and trading goods and services that incur taxable income, including:

- Enterprises founded in accordance with regulations;

- Entities established under the Law on Cooperatives;

- Public service units founded in accordance with regulations;

- Other entities established under regulations when they run their business activities that generate income.

Below are beneficiaries having access to personal income tax, value added tax, special consumption tax, natural resource tax or environmental protection tax payables that accrue from their business activities in months of Quarter III and IV of 2021:  

Business households or business individuals who are residents coming from all industries and sectors, tax declaration and payment styles, and running their business at districts affected by Covid-19 in 2021.

Provincial People’s Committees must consult the Covid-19-related Notices issued in 2021 by competent authorities of local jurisdictions, including notices of termination, cessation or temporary suspension of business activities of one or more local business households or individuals (including lockdown, social distancing of one or more local areas), to issue the lists of Covid-19-hit districts.

For further details, please read the Decree No. 92/2021/ND-CP in force as of October 19, 2021.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

985

More headlines

Most Viewed

Address: 17 Nguyen Gia Thieu street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam.
Phone: (+84)28 3930 3279 (06 lines)
Email: info@ThuVienPhapLuat.vn

Copyright© 2019 by THƯ VIỆN PHÁP LUẬT
Editorial Director: Mr. Bui Tuong Vu

DMCA.com Protection Status