Latest Tax Newsletter May 4

“The business and tax landscape has changed dramatically, and the speed and complexity of change continues to increase. Tax strategy, focus and enforcement have shifted from controlling individual units to controlling risks by group of enterprises. Companies need to balance business priorities and ensure compliance is maintained.”

Decree 44/2021/ND-CP guiding that covid-19 contributions are deductible when calculating CIT

Enterprises are included in deductible expenses when determining CIT taxable income for donations and sponsorships in cash and in kind for Covid-19 prevention and control activities in Vietnam through support-receiving units. sponsor, sponsor.

See More12 April, 2021