The Vietnam government has announced the issuance of Decree 44/2021/ND-CP on 31 March 2021, which establishes rules to allow corporate taxpayers (enterprises) to treat donations made to support and finance COVID-19 epidemic prevention and control activities as a deductible expense when determining taxable income. Allowing the deduction of donations for COVID-19 was mandated as part of Resolution 128/2020/QH14 on the State Budget as approved by the National Assembly in November 2020. The relatively brief Decree provides that enterprises may include COVID-19 donations as deductible expenses for the 2020 and 2021 corporate income tax periods. The Decree also includes a list...