Official letter No. 12659/CTHN-TTHT
dated April 4th, 2022 of the Department of Taxation of Ha Noi city regarding enterprise income tax (EIT) policy applicable to the case of changing location of business head office
Posted: 12/4/2022 3:40:48 PM | Latest updated: 21/4/2022 8:13:54 AM (GMT+7) | LuatVietnam: 5434
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According to clause 7 Article 1 of Law No. 32/2013/QH14, a project of new investment in a locality facing extreme socio-economic difficulties shall be entitled to the EIT rate of 10% for 15 years.
However, if during the enterprise income tax incentive period, the enterprise changes location of project execution out of the locality facing extreme socio-economic difficulties, it is no longer entitled to enjoy incentives from the year of changing location (clause 8 Article 18 of Circular No. 78/2014/TT-BTC).
Ms Phuong Thao (VietlawOnline.com)
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