The Finance Ministry has announced that extensions for the payment of this year’s corporate income tax (CIT) will be given to companies in mechanical materials production, building materials production, construction and installation, tourism service and food and fertilizer trading.
The Finance Ministry has announced that extensions for the payment of this year’s corporate income tax (CIT) will be given to companies in mechanical materials production, building materials production, construction and installation, tourism service and food and fertilizer trading. Enterprises in these sectors will be allowed a nine-month extension for CIT payment in each quarter of 2009. The deadlines for 2009 CIT payment for the four quarters of this year are January 30, Aprial 30, July 30 and October 30 of 2010.
(Source: SGT)
