Source: Pano feed
Đăng ký: VietNam News
The Ministry of Finance (MoF) issued Circular 78/2014/TT-BTC to provide instructions on the implementation of Decree 218/2013/ND-CP of the Government and the Law on Corporate Income Tax.
The ministry highlighted three new points in the circular. Accordingly, companies that pay value-added tax (VAT) where they are unable to calculate the revenue, expenditure and income will pay corporate income tax on the revenue of goods and services sold (1 percent, 2 percent or 5 percent). Corporate income tax rates in 2014 will be 20 percent and 22 percent. The application of preferential corporate income taxes for new projects will not take into account that such projects set up new companies or not.
Kien Trung
Đăng ký: VietNam News