Hanoi, June 14 -- Hanoi (VNA) - The 15th National Assembly voted to pass the revised Law on Corporate Income Tax and the amended Excise Tax Law on June 14 morning, as part of its ongoing 9th session. Specifically, 452 lawmakers, or 94.56% of the total number of deputies present, voted in favour the revised Law on Corporate Income Tax. Notably, under this amended law, funding received for scientific development is exempt from corporate income tax, but excluding cases where the sponsorship is received from affiliated enterprises. Meanwhile, the legislature passed the amended Excise Tax Law with 448 out of 454 deputies present voting in favour, accounting for 93.72% of the total. According to the new law, air conditioners with a capacity bet...
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