Official Letter No. 2367/CTBDU-TTHT dated 24/02/205 issued by the Tax Department of Binh Duong Province regarding tax policies for commendations and rewards

by KMC Consulting Company Limited

If the Company receives the commendation money, when receiving the money, the Company shall make a receipt (without VAT invoice) as prescribed in Clause 1, Article 5 of Circular No. 219/2013/TT-BTC and this amount belongs to other incomes under the guidance in Clause 15, Article 7 of Circular No. 78/2014/TT-BTC to determine income subject to CIT when calculating CIT as prescribed.

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