Nghị định 09/2001/NĐ-CP

THE GOVERNMENT

DECREES:

Article 1.- To annul the following content of Article 21 of the Government�s Decree No. 05/CP of January 20, 1995 detailing the implementation of the Ordinance on Income Tax Levied on High-Income Earners:

"The agencies that manage, train and recruit laborers shall be entitled to deduct not more than 8% of the laborers� income in service of the management, training and recruitment. The above funding amounts shall be managed and used strictly according to current financial regime."

Article 2.- This Decree takes effect 15 days after its signing.

Article 3.- The Minister of Finance shall guide the implementation of this Decree.

The ministers, the heads of the ministerial-level agencies, the heads of the agencies attached to the Government and the presidents of the People�s Committees of the provinces and centrally-run cities shall have to implement this Decree.

On behalf of the Government
For the Prime Minister
Deputy Prime Minister
NGUYEN TAN DUNG