Thông tư 100/1999/TT-BTC

CIRCULAR No. 100/1999/TT-BTC of August 19, 1999 guiding the declaration and payment of enterprise income tax by construction lottery agents as well as the use of vouchers and/or receipts for construction lottery business activities

The construction lottery tickets-selling agents that are liable to pay enterprise income tax on the agency commission include general agents, wholesale agents, retail agents; excluding social policy beneficiaries and low-income earners entitled to exemption from enterprise income tax according to the provisions of Circular No. 99/1998/TT-BTC of July 14, 1998 of the Ministry of Finance.

The construction lottery companies shall have to deduct the enterprise income tax amounts to be paid by the construction lottery tickets-selling agents that are liable to pay enterprise income tax, prior to the payment of lottery tickets sale commissions to the agents for remittance to the State budget on the latter�s behalf.

Lottery tickets designed, printed and issued by the lottery companies themselves are considered to be a particular kind of vouchers. The construction lottery companies shall have to register and declare the printing and issuance of such lottery tickets with the provincial/municipal Tax Departments that directly manage the tax collection as prescribed.- (Summary)