Corporate Income Tax incentives do not apply to additional commercial professions of the enterprise without increased investment capital

On June 12^th, 2024, the Bac Giang Provincial Tax Department issued Official Letter No. 4174/CTBGI-TTHT, accordingly:

In cases where the Company is operating and enjoying CIT incentives based on the location of the Industrial Park but adds a business line for commercial distribution rights without increasing capital or expanding investments to increase assets, the income from the added commercial distribution rights activity is not eligible for CIT incentives and must pay CIT at the common tax rate.