Local Tax Layer
Demo #14 — Vietnam CIT on VAS books: permanent/temporary differences, preferential rates, R&D credits, current tax and ETR (USD $M, TT99 labels).
Training scope — VN CIT overlay
Fictional Sava Industrial VN tax layer aligned with Excel Demo #14 and VAS bridge (#13). Not a filed 03/TNDN return or legal advice — educational measurement only.
FY2024A tax summary
Accounting PBT → TNCT → current CIT (821) and effective rate.
Accounting PBT ($M)
74.7
Taxable income ($M)
76.2
Current CIT ($M)
12.6
Effective rate
16.8%
Five-year schedule
PBT, TNCT, and current tax by fiscal year.
| Period | PBT ($M) | TNCT ($M) | CIT ($M) | ETR |
|---|---|---|---|---|
| FY2024A | 74.7 | 76.2 | 12.6 | 16.8% |
| FY2025E | 80.3 | 81.6 | 12.7 | 15.8% |
| FY2026E | 86.0 | 88.0 | 14.4 | 16.7% |
| FY2027E | 91.9 | 94.5 | 18.1 | 19.7% |
| FY2028E | 97.3 | 100.4 | 19.6 | 20.1% |
Layer VN CIT adjustments here on top of VAS amounts from the IFRS bridge (#13) and parent 3-statement (#1).