Circular 133/2013/tt-Btc: The Instructions Apply To Pilot The Enterprise Income Tax Policy For Microfinance Institutions

Original Language Title: Thông tư 135/2013/TT-BTC: Hướng dẫn áp dụng thí điểm chính sách thuế thu nhập doanh nghiệp đối với Tổ chức tài chính vi mô

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FINANCE MINISTRY
Number: 135 /2013/TT-BTC
THE SOCIALIST REPUBLIC OF VIETNAM.
Independence-Freedom-Happiness
Hanoi, September 27, 2013

IT ' S SMART

Guidelines apply tax policy pilot

income income for the microfinance organization

_________________

Tax Management Base 78 /2006/QH11 November 29, 2006 and the Amendment Law, which adds some of the provisions of the Digital Tax Management Law. 21 /2012/QH13 November 20, 2012;

Corporate Income Tax Law Base 14 /2008/QH12 June 03, 2008 and the Amendment Law, which adds some of the provisions of the Digital Income Tax Act. 32 /2013/QH13 June 19, 2013;

Base of Protocol 118 /2008/NĐ-CP November 27, 2008 the Government regulates the function, mandate, jurisdiction, and organizational structure of the Ministry of Finance;

Government Office of Prime Minister at Public Office 5778 /VPCP-KTTH on July 16, 2013, the Government Office on the Government Office on the policy of preferable corporate income tax on the International Organization of Microfinance;

General Office of the Governor of the State Bank of Vietnam at the 3635 /NHNN-TTGSNH issue dated June 15, 2012 and number 258 /NHNN-TTGSNH on 16 January 2012;

On the recommendation of the Chief of Tax Policy;

The Minister of Finance issued a guide to the application of the corporate income tax policy to the microfinance organization.

What? 1. Subject and scope applicable

This information guidelines apply the pilot enterprise income tax policy to the microfinance organization established by the State Bank before 1 January 2014 under the provisions of the Law of Digital Credit Organizations. 47 /2010/QH12 But it ' s not eligible to apply enterprise income tax incentives in a new form of established business from the investment project at the site of economic conditions-particularly difficult-to-rule societies in the United States. 124 /2008/NĐ-CP December 11, 2008 specifies the details and guidelines for the implementation of some of the business income tax laws.

What? 2. The tax incentive policy is applied to the pilot for the microfinance organization stipulated at this Article 1.

1. Apply the corporate income tax rate of 20% over the course of the operating income for the income earned from the implementation of microfinance activity. From 1 January 2016, the tax rate of corporate income tax in this clause shifted to 17%.

2. Being exempt from corporate income tax for two years, a 50% reduction in taxes must submit in the next 4 years for the income obtained from the implementation of microfinance activity.

Tax-free time, the regulation tax rate at 2 This is calculated continuously from the first year since the microfinance organization has taxable income from the implementation of microfinance activity. In the first three years since the first year there was revenue from the implementation of a microfinance operation, the tax exemption was calculated from the fourth year.

The microfinance activity stipulated at this is the activities that the microfinance organization is allowed to carry out under the regulation at Article 119, Article 120, Article 121 and Article 122 Law of numerical credit organizations. 47 /2010/QH12 And guide texts.

3. Principles, conditions, procedures to apply tax-free policy, lowering the corporate income tax on the provisions of the legal text of corporate income tax and the legal text of tax management.

What? 3. Organization to execute

1. This message is effective from 11 November 2013.

2. The small-scale financial institution that is limited to a Wounded Member continues to implement the corporate income tax incentive policy that has been instructed by the Treasury Department at Digital. 116 /2012/TT-BTC July 18, 2012. From January 1, 2016, according to this Article 2, this is about the tax rate of corporate income tax.

3. Every year, microfinance organizations in the area are adopting a policy tax income tax incentive tax regulation at this Smart and Digital Business in the United States. 116 /2012/TT-BTC has the responsibility to report the tax-free results, tax cuts on the Ministry of Finance (Tax Directorate, Tax Policy) and Vietnam State Bank as slowest on the ninth day, since the end of the end of the calendar year or fiscal year to sum up, report the Government.

4. The non-guided content at this message and the non-left content with the instructions at this message are made in accordance with the current regulation.

In the course of execution if there is an entangrium, the organization suggests, the individual reflects in time to the Ministry of Finance for research, timely supplemation.

KT. MINISTER.
Captain.

(signed)

The dancer.