The Government has just issued Decree 15/2022/ND-CP detailing the determination of expenditures to support and finance COVID-19 prevention and control activities that are deductible when calculating corporate income tax (CIT). year 2022.
Article table of contents
Instructions to determine the deductible COVID-19 support expenses when calculating CIT 2022 (Photos)
(1) Enterprises and organizations that are corporate income tax payers according to the provisions of the Law on Corporate Income Tax are included in deductible expenses when determining taxable income of the tax period. Entering enterprises in 2022 for expenditures to support and sponsor in cash and in kind for COVID-19 prevention and control activities in Vietnam through the sponsors and sponsors specified in Clause 2 )
In case the parent company receives support and sponsorship from member units to focus on conducting support and sponsorship activities, the parent company and member units are included in deductible expenses unless determine the taxable income corresponding to the support and sponsorship of the parent company and each member unit.
The parent company must have a Minutes or a document, certifying the expenditure of support and sponsorship mentioned in Clause (4) . The member unit must have legal invoices and documents in accordance with the law and have a written certification of the parent company about the support and sponsorship of each member unit.
(2) Units receiving support and funding include: Vietnam Fatherland Front Committees at all levels; health facilities; armed forces units; units and organizations assigned by competent state agencies to serve as concentrated isolation establishments; educational institutions; Press Agency; ministries, ministerial-level agencies and agencies attached to the Government; organize the party, youth union, trade union and union of Vietnamese women at all levels at central and local levels; local government agencies and units at all levels have the function of mobilizing funding; Funds for COVID-19 prevention and control at all levels; COVID-19 vaccine fund; National humanitarian portal; Charitable and humanitarian funds and organizations with the function of mobilizing funding are established and operate in accordance with law.
Units receiving donations and sponsorships are responsible for using and distributing for the right purposes the donations and sponsorships received for COVID-19 prevention and control activities. In case the donation or support unit misuses the donation or donation for the wrong purpose, it will be handled in accordance with the law.
(3) The People's Committees of the provinces and centrally-run cities shall direct relevant local agencies to strengthen coordination, exchange and provide information to tax and customs offices for management. strictly and strictly handle acts of raising value, declaring unreasonable values in support and sponsorship activities; cooperate in closely managing the purchase and sale prices of goods and services, invoices for the provision of goods and services, and handle cases where the purchase and sale prices on contracts and prices on invoices for providing goods and services are not correct. with the facts prescribed by law.
(4) Dossier to determine expenditures for support and sponsorship includes: Minutes of confirmation of support or sponsorship, made according to Form No. 02 in Appendix IV issued together with Decree 15/2022/ND-CP or a document. , documents (in paper or electronic form) certifying the expenditure of support or sponsorship, signed and stamped by the representative of the business or organization that is the sponsor or sponsor and the representative of the receiving unit. support, sponsor; accompanied by legal invoices and documents as prescribed by law of donations or sponsorships in cash or in kind.
This regulation applies to the corporate income tax period of 2022.
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