Vietnam publishes guidance on corporate income tax incentives for enterprises that rearrange or with respect to incentives granted on a “location basis.”
Under December 2014 guidance, if an enterprise is currently enjoying the benefits of a corporate income tax incentive and the enterprise relocates, the taxpayer may continue to claim the corporate income tax incentives for the remaining period, provided that the taxpayer continues to satisfy the incentive’s conditions.
Also an additional guidance issued in December 2014 which provides that if an enterprise is appreciating corporate income tax incentives on a “location basis,” then certain other income of the taxpayer also may benefit from the incentive.
