On January 28th, 2019, Hanoi Department of Tax issued the Official Letter No.4588/CT-TTHT. Accordingly, in case the Company contributes to the fund of natural disaster prevention established and managed by the People’s Committee of the province/city, if the contribution level shall comply with the provisions of the Decree 94/2014/ND-CP and meeting all conditions to be deductible expenses according to Article 4 of Circular No.96/2015/TT-BTC, this expense shall be calculated as deductible expenses when determining CIT taxable income.
