On January 26, 2022, the Hai Phong Tax Office issued Public Notice No. 261/CTH-TTHT, thereby:
In case enterprises having investment projects eligible for CIT incentives for being located in geographical areas eligible for investment incentives and has idle money to send to credit institutions (regardless of whether credit institutions are in or outside geographical areas eligible for incentives) and is paid a deposit interest by a credit institution, this is the income from financial investment that is not related to the investment project receiving incentives. Thereby, the company is not entitled to CIT incentives for this interest income.
