{"id":6312,"date":"2021-12-14T02:48:27","date_gmt":"2021-12-13T19:48:27","guid":{"rendered":"http:\/\/ffa.ntt.edu.vn\/news\/enterprises-are-entitled-to-cit-reduction-in-2021-and-vat-reduction-from-november-1-2021-to-december-31-2021\/"},"modified":"2021-12-14T02:49:22","modified_gmt":"2021-12-13T19:49:22","slug":"enterprises-are-entitled-to-cit-reduction-in-2021-and-vat-reduction-from-november-1-2021-to-december-31-2021","status":"publish","type":"post","link":"https:\/\/ffa.ntt.edu.vn\/en\/enterprises-are-entitled-to-cit-reduction-in-2021-and-vat-reduction-from-november-1-2021-to-december-31-2021\/","title":{"rendered":"Enterprises are entitled to CIT reduction in 2021 and VAT reduction from November 1, 2021 to December 31, 2021"},"content":{"rendered":"

According to Resolution No. 406\/NQ-UBTVQH of the National Assembly Standing Committee issued on October 19, 2021 on a number of solutions to support businesses and people affected by the COVID-19 epidemic. The content of the Resolution provides support solutions, including a solution to reduce CIT in 2021 and reduce VAT on some goods and services from November 1, 2021 to the end of December 31, 2021.<\/p>\n

In compliance with Resolution No. 406\/NQ-UBTVQH of the National Assembly Standing Committee, on October 27, 2021, the Government issued Decree No.92\/2021\/ND-CP, which contains guidance on reducing CIT in year 2021 and reducing VAT from November 1, 2021 to the end of December 31, 2021, as follows:<\/p>\n

CIT reduction in 2021:<\/strong><\/p>\n

30% reduction of paying corporate income tax of the 2021 tax period for the case that the enterprise has a turnover in the 2021 tax period not exceeding VND 200 billion and the turnover in the 2021 tax period is lower than with revenue in the 2019 tax period.<\/p>\n

The criterion that the revenue in the 2021 tax period does not apply to the case of a newly established enterprise, merged, divided, split in the tax period of 2020 and 2021.<\/p>\n

\"\"<\/p>\n

Water transport services are eligible for VAT reduction from November 1, 2021 to December 31, 2021<\/em>
\n(Image: https:\/\/khanhhalogistics.com\/)<\/em><\/p>\n

\u00a0<\/strong>VAT reduction for the following goods and services:<\/strong><\/p>\n