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Ministry proposes lowering CIT for SMEs

30 March 2019
Vietnam Plus
Small and medium enterprises (SME) / SMEs policy and regulation
CIT / SME / tax regulation

The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 percent to 15-17 percent.The idea was raised in a National Assembly draft resolution which the ministry recently published for comments.The move aims to promote ...

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Ministry proposes lowering CIT for SMEs

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