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A textile company located in Long Bien District and applies calendar tax year, has 40 employees, had following information for the tax year 2020 (Unit:

A textile company located in Long Bien District and applies calendar tax year, has 40 employees, had following information for the tax year 2020 (Unit: million VND):

1. Turnover:300.000

2. Expenses:250.000.Inwhich:

- Depreciation: 300

- Materials expenses:10.000, in which, the cost of damaged materials caused by natural disasters 200

- Uniform expenses: 220

- Remuneration paid to the founding members of companies: 60

- Donation to Youth union of Long Bien district: 70

- Donation for housing to the poor: 100

- Expenses without legitimate invoices: 30

- Expenses of golf fees for the Director of the company: 100

- PIT paid: 90

- Other expenditures are deductible

3. Other income:

- Income from a joint venture in Vietnam: 100

- Net income from an asset liquidation: 40

- Overseas income: 800

Requirement 1: Which information need to be clearified in order to calculate the amount of CIT payable of the company and explain why?

Requirement 2: Give additional necessary information and calculate the minimum amount of CIT payable of the company?

Requirement 3: What is the deadline of CIT payment for the tax year 2020?

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