Deputy General Director of the General Department of Taxation Phi Van Tuan has just announced the list of 1,000 largest corporate income tax payers in 2021 (V1000), of which the Military Industry and Telecommunications Group (Viettel) is the one paying the largest corporate income tax. largest tax, ranked number 1.
It is known that in 2021, Viettel has more than 40,000 employees, achieving the best performance in the industry, with revenue of more than 270 trillion dong, profit 40 trillion dong, paying nearly 32 trillion dong to the budget. Viettel’s brand value increased 32 places to 6.06 billion USD, ranked 325th globally.
The next big tax payers include: Joint Stock Commercial Bank for Foreign Trade of Vietnam; Green City Development Joint Stock Company; Vietnam Technological and Commercial Joint Stock Bank; Joint Stock Commercial Bank for Industry and Trade of Vietnam; Honda Vietnam company; CP Vietnam Livestock Joint Stock Company; Vietnam Prosperity Joint Stock Commercial Bank; Gia Lam Urban Development and Investment Company Limited; Bank for Agriculture and Rural Development of Vietnam; Samsung Electronics Vietnam Co., Ltd. Thai Nguyen…
According to the General Department of Taxation, the criteria for determining the ranking list of V1000 enterprises paying the largest corporate income tax in 2021 are determined according to 2 criteria:
Firstly, the enterprises selected to be included in the ranking list are enterprises established under Vietnamese law, foreign enterprises, and other organizations engaged in production and business activities with incomes subject to corporate income tax. according to the provisions of the Law on Corporate Income Tax (CIT).
Second, the corporate income tax rate is the total amount of CIT paid to the state budget in 2021. Enterprises with branches and affiliated units (granted a 13-digit affiliated unit tax code) include: the paid CIT amount of the head office and branches and affiliated units.