1. If a person becomes subject to tax during a taxation period, the corporate tax payable under Article (3) of this Decree-Law may be reduced by an amount equal to the amount of the withholding tax credit for the same taxation period. 2. The maximum withholding tax credit under this Decree-Law shall be the lesser of the following: a. The amount of withholding tax deducted under Clause (4) of Article (45) of this Decree-Law. b. The amount of corporate tax payable under this Decree-Law. 3. The excess withholding tax credit for the taxation period arising as a result of the application of Clause (2) of this Article shall be refunded to the taxpayer, in accordance with Article (49) of this Decree-Law.
Interpretation and application must be checked against the official text and current version.