On December 9th, 2020, Bac Ninh Tax Department issued Official Letter No. 3680/CTBNI-TTHT, whereby:
In case that the financially independent branch makes its CIT declaration with its direct tax administration agency. In 2020, if the company’s revenue is under 200 billion VND, its eligible branch(es) for a 30% reduction on theirs/its payable CIT in 2020 as guided in Decree No. 114/2020/NĐ-CP\ issued by the Government on September 25th, 2020.
3D business report and laptop on desk
