Official letter 245/CTHNA-TTHT about tax policy:
In case the Company is a domestic enterprise that sells and supplies goods and services directly to organizations in duty-free zones and consumes in duty-free zones, the VAT rate of 0% shall be applied if it meets the conditions specified in Clause 2, Article 9 of Circular No. 219/2013/TT-BTC and does not fall into the cases where the 0% tax rate is not applicable as specified in Clause 3, Article 9 of Circular No. 219/2013/TT-BTC (amended by Clause 2, Article 1 of Circular 130/2016/TT-BTC).
In case the Company allocates revenue and expenses for real estate transfer activities to determine taxable income, the Company shall comply with the provisions of Article 5 and Article 17 of Circular No. 78/2014/TT-BTC.
TIn case the Company implements the project "Investment in construction and business of infrastructure of Kim Bang I Industrial Park" with the project objective: Investment in construction and business of infrastructure of industrial parks in accordance with Decision No. 1620/QD-TTg dated December 15, 2023 of the Prime Minister:
Income from the sub-lease of land attached to the Company's infrastructure is income from real estate transfer as prescribed in Clause 2, Article 16 of Circular No. 78/2014/TT-BTC. Accordingly, income from this activity is not entitled to corporate income tax incentives as prescribed in Clause 3, Article 18 of Circular No. 78/2014/TT-BTC (amended and supplemented in Clause 1, Article 10 of Circular No. 96/2015/TT-BTC).
