Guidance on incentives on the enterprise income tax for investment projects in Con Dao

Circular No. 26/2016/TT-BTC provides guidance on implementation of a number of incentive policies applicable to Con Dao, Ba Ria – Vung Tau Province (hereinafter referred to as Con Dao), specifically as follows:

- Investment projects of domestic and foreign organizations and individuals in Con Dao shall be enjoyed the incentives on enterprise income tax applicable to investment projects in areas with specially difficult socio-economic conditions as regulated in the Law on enterprise income tax No. 14/2008/QH12, the Law on amendments to the Law on enterprise income tax No. 32/2013/QH13, the Law on amendments to the tax laws No. 71/2014/QH13 and documents guiding the implementation.

- Procedures for implementing the incentives on enterprise income tax: The Circular No. 78/2014/TT-BTC dated June 18, 2014 of the Minister of Finance guiding the implementation of the Government's Decree No. 218/2013/ND-CP dated December 26, 2013 on detailed regulations and guidelines for implementing the Law on enterprise income tax and the Circular No. 96/2015/TT-BTC dated June 22, 2015 of the Minister of Finance providing guidance on the enterprise income tax stipulated in the Government's Decree No. 12/2015/ND-CP dated February 12, 2015 on detailed regulations on implementation of the Law on amendments to the tax laws and amendments to the tax decrees and amendments to the Circular No. 78/2014/TT-BTC dated June 18, 2014, the Circular No. 119/2014/TT-BTC dated August 25, 2014, the Circular No. 151/2014/TT-BTC dated October 10, 2014 of the Minister of Finance shall apply.

View more details at Circular No. 26/2016/TT-BTC of the Ministry of Finance of Vietnam, effective from April 03, 2016.

Thu Ba

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE