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October 10, 2024

Official Letter 2562/CTHNA-TTHT on fixed asset depreciation costs

Based on Official Letter 2562/CTHNA-TTHT dated October 1, 2024 on fixed asset depreciation costs included in deductible expenses when determining taxable income for corporate income tax, the following guidance is provided: 1. For factories in operation, then temporarily stopped for repair and continued to use after repair, such as the case of factory 1 of…

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