Uni: 18-05-2020: About the depreciation of the fixed - assets by the pandemic Covid - 19

Official letter No 2204-TTHT dated of April, 29 2020 about the depreciation of the fixed – assets by the pandemic Covid – 19 as follows:

If a production line owned by the Company is temporarily suspended due to the Covid - 19 epidemic, the cost of depreciation of fixed assets during the suspension period is not included in deductible expenses when calculate taxable income. The company shall adjust the increase of total profit before CIT in the CIT finalization declaration before the tax authorities and competent authorities announce the decision on tax inspection at taxpayers' premises.