Land lease costs that have not been served for production and business activities are not included in deductible expenses

On March 14^th, 2025, the Tax Department issued Official Letter No. 140/CT-CS, accordingly:

In case the Company incurs a one-time land lease payment for both the lease term and management fees for the leased land areas that have not served for production and business activities of the Company, shall not be included in deductible expenses when determining corporate income tax liability at the time the leased land areas have not been served for production and business activities of the Company.