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Article 44 Calculation and Settlement Payment of Corporate Tax changed

The Corporate Tax due under this Decree-Law is settled Decree by Law shall be paid in the following order:

1. First, by By using the withholding tax credit at source attributable to the Taxable Person’s available Withholding Tax Credit, as Person and determined under pursuant to Article 46 (46) of this Decree-Law. Decree by Law.

2. To the extent there is Where a residual remaining amount of Corporate Tax due exists after applying Clause 1 (1) of this Article, by using the foreign tax credit available to the Taxable Person’s available Foreign Tax Credit as Person and determined under pursuant to Article 47 (47) of this Decree-Law. Decree by Law shall be used.

3. To the extent there is Where a residual remaining amount of Corporate Tax due exists after applying Clause 2 (2) of this Article, by using any credits or other forms of relief as specified in incentives or facilities determined pursuant to a decision Cabinet Resolution issued by upon the Cabinet at the suggestion proposal of the Minister. Minister shall be used.

4. To the extent there is Where a residual amount after Clause 3 of this Article, this remaining amount of Corporate Tax Payable must payable exists after applying Clause (3) of this Article, such amount shall be settled paid in accordance with Article 48 (48) of this Decree-Law. Decree by Law.

Article 49 bis Claiming Unused Tax Credit added

1. The Taxable Person may claim the unused amount of tax credits that may arise from the incentives or facilities prescribed pursuant to Paragraph (g) of Clause (2) of Article (20) and Clause (3) of Article (44) of this Decree by Law, in the cases and in accordance with the periods, controls, and procedures issued by a Cabinet Resolution upon the proposal of the Minister.

2. The Authority may withhold amounts from Corporate Tax revenues and Top-Up Tax revenues for the purposes of settling the amounts claimed pursuant to Clause (1) of this Article, based on a decision issued by the Board of Directors of the Authority.