Resolution 116/2020/QH14 On reduction of corporate income tax in 2020 as follows:
Reduction of 30% of the corporate income tax in 2020 with the enterprises that the total turnover does not exceed 200 billion VND. The enterprises must follow provisions at this resolution to calculate for its self the deductible income tax when temporarily paying tax on a quarterly basis and finalizing corporate income tax in 2020.
