DECREE NO. 60/2012/ND-CP DETAILING IMPLEMENTATION OF RESOLUTION NO. 29/2012/QH13 ON THE ISSUANCE OF CERTAIN TAX POLICIES TO ALLEVIATE DIFFICULTIES FOR ORGANIZATIONS AND INDIVIDUALS

DECREE

Detailed implementation regulations N |||Resolution No. 29/2012/QH13 on issuing certain tax policies to address difficulties for organizations and individuals

aimed at supporting income tax payers on June 21st,

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Camendpursuant to the Road Traffic Law dated November 13, 2008; TGovernment issued on December 25, 2001;

Pursuant to the Law Article 24Training institution for professional knowledge in management and operation of apartment buildings lprovincial-level People's Inspection Office;policies of the National Assembly on the 7th Session of the 15th National Assembly; 1Based on the Ordinance on Population and Family Planning

Pursuant to the Law T2012; Law on Corporate Income Tax and Law on Value Added Tax dated June 3rd, 2008; 11 stipulating the functions, tasks, powers, and organizational structure of the Ministry of Science and Technology;

Pursuant to the Law T2012/QH13 on issuing certain tax policies to address difficulties for organizations and individuals; TBased on Resolution No. 29/2012/QH13 of the National Assembly on issuing certain tax policies to address difficulties for organizations and individuals;

28th June 2012;1||| 2/QH12012 of the National Assembly on issuing certain tax policies to address difficulties for organizations and individuals;1The Government hereby promulgates this Decree to provide detailed guidance on implementing Resolution No. 29/2012/QH13 on issuing certain tax policies to address difficulties for organizations and individuals;"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."organizations and individuals;, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP According to the proposal of the Minister of Finance;

The Government promulgates this Decree to provide detailed guidance on implementing Resolution No. 29/2012/QH13 on issuing certain tax policies to address difficulties for organizations and individuals;i at all levels pursuant to the Conclusion;

organizations and individuals;hThis Decree provides detailed guidance on implementing Resolution No. 29/2012/QH13 on issuing certain tax policies to address difficulties for organizations and individuals.i This Circular is promulgated with the National Technical Regulation on Quality of Fixed Land Broadband Internet Access Service (QCVN 34:2019/BTTTT).i Pursuant to Resolution No. 29/201||| 2/QH130% of corporate income tax payable in 2012 for enterprises specified in Clause 1 Article 1 of Resolution No. 29/2012/QH13;, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP small and medium-sized enterprises, excluding small and medium-sized enterprises operating in lottery, real estate,June 2024; securities, finance, banking, insurance, production of goods and services subject to special consumption tax, and enterprises ranked first or special category within groups

Article 1. Scope of Regulation

or holding companies.

Article 2Small and medium-sized enterprises eligible for tax reduction under this Clause are enterprises, including cooperatives (excluding public institutions), meeting the criteria regarding capital or labor as stipulated in Clause 1 Article 3 of Decree No. 56/2009/NĐ-CP dated 30 September 2009 of the Government on assisting the development of small and medium-sized enterprises.iThe basis for determining the capital of small and medium-sized enterprises is the total capital reflected in the Balance Sheet prepared on December 31, 2011 of the enterprise. In case the enterprise was newly established from January 1, 2012, the basis for determining the capital of small and medium-sized enterprises is the registered capital recorded in the Enterprise Registration Certificate or Investment Certificate issued for the first time.No. The average number of employees in 2011 used to determine the small and medium-sized enterprises (including the number of employees of branches and affiliated units) is the number of employees regularly employed on average during 2011, excluding short-term contracts under three months, and the average number of employees regularly employed annually is determined according to the guidelines of the Ministry of Labor, Invalids and Social Affairs. For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.hiPart year Enterprises engaged solely in:For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract. lottery; real estate; securities; finance; banking; insurance; production of goods and services subject to special consumption tax shall not be eligible for tax reduction under this Clause. In case small and medium-sized enterprises operate in multiple sectors, the tax reduction on corporate income tax does not include the tax calculated based on income from activities in the lottery, real estate, securities, finance, banking, insurance, production of goods and services subject to special consumption tax.u Enterprises employing many workers in production, processing, manufacturing: agricultural products, forestry products, aquatic products, textiles, footwear, electronic components; enterprises employing many workers in construction of economic and social infrastructure projects.1Enterprises eligible for tax reduction under this Clause are those with a total number of employees regularly employed on average in 2012 exceeding 300 people, excluding short-term contracts under three months. In case enterprises are organized in a parent companyconcerning the classification and determination of state management authority in the field of crop production as follows:

1. subsidiary model, the number of employees serving as the basis for determining the parent company's eligibility for tax reduction does not include the number of employees of subsidiaries. lThe corporate income tax reduction amount is the tax calculated on the income from production, processing, manufacturing: agricultural products, forestry products, aquatic products, textiles, footwear, electronic components and from construction of economic and social infrastructure projects., Production, processing, manufacturing: agricultural products, forestry products, aquatic products, textiles, footwear, electronic components specified in this Clause are determined according to the provisions of the Vietnam Economic Classification System issued together with Decision No. k/2007/QĐ-TTg dated January 23, 2007 of the Prime Minister.policiesConstruction of economic and social infrastructure projects specified in this Clause includes construction, installation: waterworks, power plants, transmission and distribution systems; water supply and drainage systems; roads, railways; airports, seaports, river ports; airfields, railway stations, bus terminals; construction of schools, hospitals

a) cultural centers, cinemas, artistic performance venues, sports training and competition facilities; wastewater and waste treatment systems; communication and transportation infrastructure projects; irrigation and flood control projects serving agriculture, forestry, and fisheries. 6 The corporate income tax reduction amount for enterprises specified in Clause 1 and Clause 2 of this Article is the provisional quarterly tax payment and the remaining tax payable after annual settlement for 2012.

Enterprises eligible for corporate income tax reduction under this Article must be legally established and operating in accordance with Vietnamese laws; implement accounting records and invoices lin accordance with legal regulations and declare and pay taxes.

Exempting turnover tax (value added tax, personal income tax) and reducing corporate income tax in 2012 for households, individuals, and organizations

b) as specified in Clause 2 of Resolution No. 29/2012/QH13.

Exempting turnover tax (value added tax, personal income tax) in 2012 for households and individuals operating rented accommodation for workers, employees, students, and pupils; households and individuals providing childcare and elderly care services; households and individuals supplying meal services for workers. XThe level of turnover tax (value added tax, personal income tax) exempted under this Clause is determined according to the legal regulations on tax management.

2. Exempting value added tax and corporate income tax payable in 2012 for the activity of supplying meal services for workers (excluding meal services provided to transportation and aviation businesses, and other business activities) of enterprises.

If enterprises carry out multiple business activities, then:nationalThe exempted corporate income tax amount is only calculated based on income from the activity of supplying meal services. In cases where it is impossible to determine the income from the exempted activity, the income for calculating the exempted tax amount is determined as a percentage (%) of the revenue from the exempted activity. - For a subsidiary company, the number of employees serving as the basis for determining whether the parent company qualifies for tax reduction shall not include the number of employees of the subsidiary company.

The amount of corporate income tax that can be reduced is the tax calculated on the income from production, processing, and manufacturing activities: agricultural products, forestry products, aquatic products, textiles, footwear, electronic components, and construction of economic and social infrastructure projects.

Production, processing, and manufacturing activities: agricultural productsFor power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract., forestry products, aquatic products, textiles, footwear, electronic components as stipulated in this Clause shall be determined according to the provisions of the Vietnam Economic Classification System issued together with Decision No. 10/2007/QĐ-TTg dated January 23, 2007 of the Government.

Construction ofngeconomic and social infrastructure projects as stipulated in this Clause includesồconstruction, installation: Water treatment plants, power plants, electricity transmission and distribution systems; water supply and drainage systems; roads, railways; airports, seaports, river ports;i airfieldsngrailway stations, bus terminals; construction of schools, hospitals, cultural centers, cinemas, artistic performance venues, sports training and competition facilities; wastewater and waste treatment systems, disposal; communication and transportation infrastructure projects, hydropower projects Fserving agriculture, forestry, and fisheries.iThe amount of corporate income tax that can be reduced for enterprises specified in Clause 1 and Clause 2 of this Article is the provisional quarterly tax payment and the remaining tax payable after annual settlement for the year 2012. lEnterprises eligible for corporate income tax reduction under this Article

3. are enterprises established

4. operating in accordance with Vietnamese law; implementing accounting records, invoices land other documents in compliance with legal regulations and submittingealth declarations.to3. Exemption of fixed tax (value-added tax, personal income tax) andto corporate income tax in 2012 for households, individuals, organizations, as stipulated in Clause 2 dated November 29, 2006 and the Law amending and supplementing several articles of the Law on Tax Administration of Resolution No. 29/2012/QH13 as follows:

Article Exemption of fixed tax (value-added tax, personal income tax) in 2012 for households, individuals engaged in renting accommodation for workers, employees, students, and pupils; households, individuals providing childcare services;uhouseholds, individuals supplying meal services for workers. joint, The level of fixed tax for value-added tax and personal income tax as stipulated in this Clause shall be determined according to the legal regulations on tax management.ớExemption of value-added tax and corporate income tax payable arising in 2012 for the activity of supplying meal services for workers (excluding meal supply activities for transport and aviation businesses, and other business activities) of enterprises. stipulating If an enterprise engages in multiple business activities, then: Article 1 The amount of corporate income tax exempted shall only be calculated based on the income from the meal supply service. In cases where the income from the exempted activity cannot be determined, the income for calculating the exempted tax amount shall be determined as a percentage (%) of the revenue from the taxable activityustill payable to the enterprise, household, individual who has declared and paid into the State budgetTaking confidence votes and casting confidence votes aim to enhance the effectiveness of oversight activities by the National Assembly and People's Councils; help individuals subject to confidence votes understand their level of trust to strive for improvement and enhancement of work quality and effectiveness; serve as a basis for competent authorities to assess, utilize, and deploy personnel.

1. the estimated amount of tax exemption and reduction as provided for in Article 2 and Article 3 of this Decree. lResponsibility for implementation organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.The Ministry of Finance shall provide guidance on the implementation of this Decree.uProvincial People's Committees and municipal people's committees directly under the central government within their jurisdiction as prescribed by law shall be responsible for directing relevant departments and local authorities at all levels to cooperate with tax authorities in promoting, urging, and

ensuring the implementation of this Decree. lTax advisory offices at commune and ward levels shall cooperate with local price management agencies to confirm and monitor, inspect the implementation of commitments to maintain stable prices by households

2. individuals and enterprises engaged in business activities as stipulated in Article 3 of this Decree.

If a level crossing meets the conditions for signal connection as stipulated in Clause 1, Point c of Article 4 of this Circular but cannot achieve signal connection, the organization managing traffic lights on roads and the project investor implementing investment, construction, and upgrading of roads and railways in the area of the level crossing must report to the Ministry of Transport for consideration and decision.nationalProvincial People's Committees directly under the central government and organizations, individuals shall be responsible for implementing this Decree.

The amount of corporate income tax exempted shall only be calculated based on the income from the provision of meal services.u In cases where it is not possible to determine the income from the exempted activity, the income for calculating the exempted tax amount shall be determined according to the percentage ratio (%) between the revenue of the exempted activity ngers; overtime meal stress with the total revenue of the enterprise in 2012.

Provincial People's Committees set specific pricestax on value addediis determined based on the ratio between the revenue subject to value added tax from providing meal stress each monthithe total revenue of goods and services subject to value added tax in that month., amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CPThe enterprise enjoying tax exemption under this Clause must comply with the provisions of Clause 4 Article 2 and Clause 3 Article 3 of this Decree and implement the value added tax deduction method.policies Households, individuals engaged in business and enterprises enjoying tax exemption under this Article must commit to maintaining stable rental prices for dormitories and rooms, childcare service prices, and meal stress supply prices in 2012 not higher than the December 2011 price level.

Rental prices for dormitories and rooms, childcare service prices, and meal stress supply prices must be publicly displayed at the place of business and reported to the local commune, ward authorities and directly managing tax authority. In case of inspection or audit revealing that households, individuals, or organizations engaged in business have not complied with the price commitments stipulated in this Clause, such households, individuals, or organizations will not be eligible for tax exemption under this Article. If households, individuals, or organizations not eligible for tax exemption have declared tax exemption, they shall be required to pay back the tax and be subject to late payment penalties according to the law on tax administration.onArticle 4. Exemption of personal income tax as prescribed in Clause 3 Article 1 of Resolution No. 29/2012/QH13 as follows:onExemption of personal income tax

3. from July 1, 2012 to December 31, 2012 for individuals whose taxable income from salaries, wages, and business operations does not exceed the first tax rate tier of the progressive tax rate table specified in Article 22 of the Law on Personal Income Tax.oThe average monthly taxable income of individuals actually received in 2012 serves as the basis for determining the tax exemption under this Article.

Effectivenessealth This Decree takes effect from September 20, 2012.

In the same period, if an enterprise enjoys different levels of tax incentives for the same income, it may choose to apply the most favorable tax incentive.councillORS- social development in ethnic minority and mountainous areasperiodIn cases where an enterprise is currently benefiting from corporate income tax incentives as prescribed by law, the amount of corporate income tax reduction stipulated in this Decree shall be calculated based on the remaining tax after deducting the tax already exempted under existing incentives.No. The Ministry of Finance shall guide the refund or offset against the remaining tax payable by enterprises, households, and individuals who have declared and paid taxes into the State budget

the amount of tax exempted or reduced as prescribed in Articles 2 and 3 of this Decree. organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.Responsibilities for implementation

The Ministry of Finance shall guide the implementation of this Decree.

Provincial People's Committees and municipal people's committees directly under the central government within their jurisdiction according to the law shall be responsible for directing relevant departments and local authorities at all levels to cooperate with tax authorities to promote, urge, andi ADJUSTMENT

1. ensure the implementation of this Decree.

2. Local tax advisory offices shall coordinate with local state management agencies on pricing to confirm and monitor the implementation of price stability commitments by households

and individuals engaged in business and enterprises as prescribed in Article 3 of this Decree.

3. Provincial People's Committees directly under the central government and organizations, individuals responsible for implementing this Decree.No. income tax still has to For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.be levied against enterprises, households, and individuals who have declared and paid into the State budget For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.estimate the amount of tax exemption and reduction in accordance with Article 2 and Article 3 of this Decree.

Article 6. Responsibility to implementealth

1. The Ministry of Finance shall provide guidance on the implementation of this Decree.

|||provincial people's committees within their jurisdiction in accordance with the provisions of the law shall be responsible for directing departments, agencies and local authorities at all levels to cooperate with tax authorities to promote, urge and estpoint organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.ensure the implementation of this Decree.

3. Examination Board organize credit institutions, foreign bank branches are responsible for organizing the implementation of this Circular.community tax advisory offices shall coordinate with local state management agencies on pricing to confirm and monitor, inspect the implementation of price stability commitments by householdsnationaland individuals engaged in business and enterprises specified in Article 3 of this Decree., provincial people's committees directly under the central government and organizations

4. Ministers, Heads of ministerial-level agencies, Heads of government agencies, Chairmen DECREES:individuals subject to responsibility for implementing this Decree.无效5. Organize professional and vocational activities, provide public service activities in the field of libraries in accordance with the law; trcentrally under the central government and organizations, individuals responsible for enforcing this Decree.i hành Nghị định này./.