Khai thuế với hợp tác xã – Cooperative Tax Declaration

This article summarizes tax declaration with cooperative. The National Assembly promulgated the Cooperative Law No. 17/2023/QH15 effective from July 1, 2024, in which, Article 22 of the Law specifically stipulates tax policies, fees, and charges for Cooperatives.

General Provisions

First, The cooperative group, cooperative, cooperative union are eligible for the highest tax incentives, fee and charge incentives in the same field, industry, profession, and locality according to tax, fee and charge laws.

Second, No registration fee is collected for the cooperative group, no fee for announcing registration content on the electronic information system of the business registration agency.

Third, Exempt, reduce corporate income tax in accordance with the law on corporate income tax for:

• Income from internal transactions of cooperatives, cooperative unions;
• Income of cooperative groups, cooperatives, cooperative unions when participating in partnerships with other individuals, organizations to form a value chain, industry linkages, associated with green economy, circular economy, knowledge economy for sustainable development goals;
• Other cases as prescribed by the law on corporate income tax.

Fourth, Exempt corporate income tax for the income forming the non-divided common fund, the income forming the non-divided common assets of cooperatives, cooperative unions according to the law on corporate income tax.

Fifth, Exempt, reduce license tax for cooperative groups, cooperatives, cooperative unions in accordance with the law on fees and charges.

Sixth, Exempt registration fee for individuals, organizations when transferring land use rights, transferring ownership of assets contributed to cooperatives, cooperative unions in accordance with the law on fees and charges.

Specific Provisions

Refer to the guide in Official Dispatch 908 as follows:

The cooperative is an economic organization legally established under the Cooperative Law and must fulfill tax obligations to the State. The cooperative must declare, pay to the state budget some basic taxes, fees, and charges as follows: