Decree No. 29/2012/QH13 dated 21 June 2012 of national assembly about tax preference organizations and individuals
Some main contents are mentioned in Decree No. 29/2012/QH13 as follows:
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30% reduction of CIT payable amount of 2012 for:
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small and medium enterprises ...
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Enterprises use a lot of employees in the field of manufacture, processing such as agricultural products, forestry products, fishery products, textile and garment, leather and footwear, electronic components, construction of socio-economic infrastructure.
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PIT exemption from 1 July 2012 until the end of 31 December 2012 for individuals having the taxable income from salaries and wages at the first grade of the partly progressive tariff.
