Processing Firms Allowed to Ext Time for Income Tax Payment
Vietnam&rsquos Ministry of Finance has issued a new dispatch allowing the processing companies to ext time for paying corporate income tax for the third and fourth quarter of 2008, the Thoi Bao Kinh Te said.
The companies subjected to the dispatch are the processors of electronic parts, agro-forestry-fishery products, garment and footwear.
These companies are allowed to ext income tax payment by six months since the deadline.
Vietnam is targeting to narrow the trade gap after trade deficit reached US$14.77 billion in the first half. (Vietnam Economic Times)
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