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Guiding the implementation of the Prime Minister’s Decision No. 08/2000/QD-TTg of January 17, 2000 on enterprise income tax exemption or reduction for industrial, trade and service business households suffering from unexpected natural disasters,...

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THE MINISTRY OF FINANCE
 
No: 24/2000/TT-BTC
 
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----- o0o -----
Ha Noi , Day 30 month 03 year 2000

CIRCULAR No. 24/2000/TT-BTC of March 30, 2000 guiding the implementation of the Prime Minister’s Decision No. 08/2000/QD-TTg of January 17, 2000 on enterprise income tax exemption or reduction for industrial, trade and service business households suffering from unexpected natural disasters, fire or accidents

Industrial, trade and service business house-holds which, due to unexpected natural disasters, fire or accidents, have suffered from material losses which affect their production and business as well as life of their employees, shall enjoy enterprise income tax exemption or reduction according to the provisions of this Circular. The rates of tax exemption and/or reduction shall be calculated according to loss proportion, but shall not exceed the value of the damaged properties or goods.- (Summary)


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