Official Dispatch No. 57306/CTHN-TTHT dated November 23, 2022 of Hanoi Tax Department on corporate income tax policy for interest on bank deposits
Accordingly, the Tax Department guides the law on corporate income tax does not regulate the determination of expected but not yet actual income generated is included in the taxable income in the tax period.
In case the Company actually incurs income from interest on bank deposits, this income shall be included in the taxable income of the actual tax period in accordance with the guidance in Clause 7, Article 7 of Circular No. 78/2014/TT-BTC dated June 18, 2014 of the Ministry of Finance.