Circular 96/1999/TT-BTC

Family households and individuals engaged in agricultural production, forestry and aquaculture, that have the total products� value of over 90 million VND/year and income of over 36 million VND/year shall have to pay enterprise income tax on the income amount in excess of 36 million VND/year.

The Circular also provides additional guidance on a number of matters related to enterprise income tax applicable to the above-said objects.

Family households and individuals engaged in agricultural production, forestry and aquaculture that have registered their business and are liable to value added tax shall not have to pay enterprise income tax according to the provisions of this Circular.- (Summary)