Form 03/TNDN-DK Corporate Income Tax Declaration Form
Form 03/TNDN-DK Corporate Income Tax Declaration?
Based on Form 03/TNDN-DK issued with Circular 80/2021/TT-BTC regulating the corporate income tax declaration form.
Download Form 03/TNDN-DK Corporate Income Tax Declaration.
Note: Form 03/TNDN-DK applies to income from the transfer of the right to participate in oil and gas contracts.
Form 03/TNDN-DK Corporate Income Tax Declaration? (Image from the Internet)
What types of income are exempt from corporate income tax?
Based on Article 4 of the Corporate Income Tax Law 2008, supplemented by Clause 3, Article 1 of the amended Corporate Income Tax Law 2013, and Clause 2, Article 1 of the Law on Amendments to Tax Laws 2014, the types of income exempt from corporate income tax include:
[1] Income from planting, animal husbandry, aquaculture, processing of agricultural and aquatic products, salt production of cooperatives
Income of cooperatives operating in agriculture, forestry, fishery, and salt production in areas with difficult socio-economic conditions or in areas with special difficult socio-economic conditions
Income of enterprises from planting, animal husbandry, aquaculture, processing of agricultural and aquatic products in areas with special difficult socio-economic conditions
Income from fishing activities.
[2] Income from providing direct technical services to agriculture.
[3] Income from implementing scientific research and technological development contracts, products in the trial production stage, products made from new technology first applied in Vietnam.
[4] Income from production, business activities of goods and services of enterprises with at least 30% of the average annual labor being disabled people, post-rehabilitation addicts, people infected with the virus causing acquired immune deficiency syndrome (HIV/AIDS) and having an average annual number of employees from twenty people upwards, excluding enterprises operating in finance, real estate business.
[5] Income from vocational training activities dedicated to ethnic minorities, disabled people, children with special difficulties, and people involved in social evils.
[6] Distributed income from capital contribution, joint ventures, and associations with domestic enterprises after paying corporate income tax
[7] Sponsorship funds received to be used for educational, scientific research, cultural, artistic, charitable, humanitarian, and other social activities in Vietnam.
[8] Income from the transfer of emission reduction certificates (CERs) of enterprises granted emission reduction certificates.
[9] Income from performing tasks assigned by the State to the Vietnam Development Bank in development investment credit activities, export credit activities
Income from credit activities for the poor and other policy subjects of the Social Policy Bank
Income of state financial funds and other state funds operating not for profit as per legal regulations
Income of organizations wholly owned by the State established to handle bad debts of Vietnam's credit institutions by the Government of Vietnam.
[10] Undistributed income of establishments performing social work in education and training, healthcare, and other social sectors to be invested in developing those establishments according to specialized laws on sectors of education and training, healthcare, and other social sectors; the undistributed income forming non-divisible assets of cooperatives established and operating according to regulations
[11] Income from the transfer of technology in the priority fields for technology transfer to organizations and individuals in areas with special difficult socio-economic conditions.
Is the corporate income tax period determined based on the calendar year or the lunar year?
Based on Article 5 of the Corporate Income Tax Law 2008, the tax period is prescribed as follows:
Tax Period
1. The corporate income tax period is determined based on the calendar year or the fiscal year, except for the cases specified in Clause 2 of this Article.
- The corporate income tax period on a per-occasion occurrence basis applies to foreign enterprises stipulated in points c and d, Clause 2, Article 2 of this Law.
According to the above regulation, the corporate income tax period is determined based on the calendar year or the fiscal year, except in cases where the corporate income tax period is determined on a per-occasion occurrence basis.
