Uni 03-08-2012 – Tax policy of easing difficulties for organizations and individuals

According to this decree, small and medium enterprises enjoy 30% reduction of CIT payable amounts of 2012 if they meet the provisions of clause 1, article 3 of Decree No. 56/2009/ND-CP dated 30 June  2009 of government on support for small and medium enterprises.

Presumptive tax exemption (VAT, PIT) in 2012 for households, individuals, whose rooms are leased or care for child or provide shift meals for employees

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 in Article 22 of the Law on PIT.