Improving provisions on corporate income tax to meet the requirements of sustainable development

Abstract

Corporate income tax policies and laws are considered one of the important tools that contribute to orienting the production and business activities of enterprises towards sustainable development. However, to achieve this goal, corporate income tax laws must ensure the correct identification of taxpayers, the basis for calculating taxes, and appropriate and effective forms of tax incentives. This article analyses the provisions of current Vietnamese law on corporate income tax considering the requirements of sustainable development, thereby identifying the difficulties and challenges of this issue and highlighting the needs for amending and supplementing a number of provisions on corporate income tax to expand the tax base, contributing to creating state budget revenue, and encouraging enterprises to invest, produce and do business. The syncronized implementation of solutions will ensure that corporate income tax laws meet the requirements of sustainable development.