Official Letter 995/TCT-CS dated 28/02/2025 of the General Department of Taxation on determining CIT incentives for enterprises applying tax incentives by locality:

In case an enterprise has an investment project that is entitled to CIT incentives due to meeting the conditions for incentives in the area, the income eligible for incentives is the income arising from the production and business activities of the investment project in the preferential area, except for incomes not eligible for incentives under the provisions of the Law on CIT. Incomes that are not incomes arising in the investment preferential areas and are not incomes from production and business activities of investment projects are not eligible for CIT incentives. Enterprises must separately calculate incomes from production and business activities entitled to CIT incentives and incomes from production and business activities not entitled to CIT incentives for separate tax declaration and payment.

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