Do Enterprises Contributing to the Covid-19 Vaccine Fund Receive CIT Exemptions?

At Article 5 of Circular 41/2021/TT-BTC, it is stipulated:

Article 5. Determination of taxable corporate income for sponsorship, support, and voluntary contributions to Funds

Organizations and enterprises are allowed to include in deductible expenses the amounts for sponsorship, support, and voluntary contributions to Funds as per the provisions in Decree 44/2021/ND-CP dated March 31, 2021, of the Government guiding the implementation of deductible expenses for determining taxable corporate income for enterprises and organizations' donations and sponsorships for Covid-19 pandemic prevention activities and subsequent amendments and supplements (if any).

=> Thus, according to the aforementioned regulation, the amount that enterprises sponsor, support, and voluntarily contribute to the Covid-19 Vaccine Fund is determined to be included in deductible expenses when calculating corporate income tax.

Respectfully.