Pursuant to Article 3 of the Law on Corporate Income Tax 2008 amended by Clause 1 Article 1 of the Law amending and supplementing a number of articles of the Law on Taxation 2014, income subject to corporate income tax includes:
[1] Taxable income includes income from the production and trading of goods and services.
[2] Other income includes:
- Income from capital transfer, transfer of capital contribution rights.
- Income from real estate transfer, transfer of investment projects, transfer of rights to participate in investment projects, transfer of rights to exploration, exploitation and processing of minerals.
- Income from the right to use property, property ownership, including income from intellectual property rights as prescribed by law.
- Income from transfer, lease or liquidation of assets, including valuable papers.
- Income from interest on deposits, loans of capital, sale of foreign currency.
- Revenues from bad debts have been written off.
- The revenue from liabilities is not identified by the owner.
- Business income from previous years is omitted and other income.