Depreciation expenses of fixed assets during the time the Company ceases production and business activities are not included in deductible expenses when calculating Corporate income tax.

On March 14, 2023, Binh Duong Tax Department issued Official Letter 4501/CTBDU-TTHT, according to which:

The principle of depreciating fixed assets is implemented from the date (according to the number of days of the month) on which the Company records the decrease in fixed assets. Depreciation expenses of fixed assets during the time the Company ceases production and business activities are not included in deductible expenses when determining taxable income Corporate income.