October 30, 2022 The Government Issued Decree No: 91/2022/ND-CP about Amendment and Addition of Some Articles Of Decree No. 126/2020/ND-CP October 19, 2020 Of The Government Details Some Articles Of The Law On Tax Administration
In which, The remaining after-tax profit after setting up funds of enterprises in which 100% of charter capital is held by the State. As follows:
- Taxpayers must determine by themselves the remaining after-tax profit after setting aside temporary funds for quarterly payment no later than the 30th day of the next quarter in which the payment obligation arises and be deducted the remaining after-tax profit after set aside temporarily paid funds with the payable amount according to the annual finalization.
- The total remaining after-tax profit after setting aside temporarily paid funds of four quarters must not be less than 80% of the remaining after-tax profit after setting aside funds according to the annual finalization.
- In case taxpayers pay less than the amount that must be temporarily paid for 4 quarters, they must pay a late payment interest calculated on the underpaid amount from the day following the last day of the time limit for temporarily paying the remaining after-tax profit after making deductions funds from the fourth quarter to the day immediately preceding the date of payment of the remaining after-tax profits after appropriating the deficit funds into the state budget.
- For the remaining after-tax profit after setting aside additional payable funds when making additional declarations due to the adjustment of business classification results as announced by the owner from the date following the last day of the deadline for payment of the remaining after-tax profit according to the annual finalization to the time limit for announcing the results of enterprise classification of the owner according to the regulations of the competent authority, the enterprise is not required to pay late payment interest.
- The representative of the capital portion of enterprises in which 100% of charter capital is held by the State with contributed capital in joint-stock companies or limited liability companies with two or more members is responsible for voting to pay dividends and profits when meeting all the conditions prescribed by the Law on Enterprises, and requesting to urge joint-stock companies or limited liability companies with two or more members to pay dividends and profits to be divided among the enterprise’s contributed capital 100% charter capital is held by the State.
