Incurring expenses on salary and other expenses for the employees due to the effect of Covid pandemic shall be deductible when calculating CIT

On October 9^th, 2020, Hanoi Hanoi Tax Department issued Official Letter No. 89924/CT-TTHT, whereby:

If the Company makes the payment for salary, wage, and other similar expenses for the suspended employees during the social distancing, other work suspension period due to the effect of Covid pandemic, and other direct expenditures on the employees’ welfare, qualified satisfied expenses shall be deductible for the Company when determining the payable CIT as prescribed in Article 4 Circular No. 95/2015/TT-BTC issued by the Ministry of Finance.