Over 92,800 billion VND in tax and land rent extended in 11 months
Updated: 17:54, 05/12/2021
Total 92,823 billion VND (4 million USD) of tax and land rent has been extended by the end of November under Government Decree 52/2021/NĐ-CP, according to the Ministry of Finance.
By the end of November, tax agencies had received 139,190 applications for tax and land rent extensions, including 119,708 from enterprises and 19,482 from individuals.
Total 92,823 billion VND (4 million USD) of tax and land rent has been extended by the end of November. |
The Government issued Decree 52/2021/NF-CP in April 2021 to extend the deadline for payment of value added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent in 2021 to ease difficulties for enterprises and individuals hit by the Covid-19 pandemic.
A total of 115,000 billion VND (5 million VND) worth of tax and land rent is expected to be extended under Government Decree 52/2021/ND-CP.
Tax payment and land rent extension: Timely support for production and business
(BGO) – In late April, the Government issued
Decree No. 52/2021/ND-CP on extending the deadlines for paying value added tax
(VAT), corporate income tax (CIT), personal income tax and land rent in 2021.
After more than 3 months of implementation in Bac Giang province, this policy
is considered as a "remedy" to help businesses affected by the
Covid-19 pandemic overcome difficulties and stabilize production and business.
Vietnam considers $933 mln tax break
The government is considering a VND21.3 trillion ($932.66 million) tax break, including value-added and corporate income tax, to boost economic recovery after the fourth Covid-19 wave.
Bac Giang exceeds yearly plan on import export taxation collection
(BGO) – According to the Customs Sub-Department
controlling the industrial parks in Bac Giang province, the state budget
collection has hit over 1,185 billion VND (52 million USD) so far, exceeding
the assigned target and representing over 154 percent of the year on year
figure.
Bac Giang defers tax payments to over 900 businesses
(BGO) - Implementing
Government’s Resolution No. 52/2021/ND-CP on April 19, 2021, the Taxation
Department in Bac Giang province popularized to local businesses about payment
period extension for value added tax, business income tax, individual income
tax and land lease fees.
E-commerce platforms to be connected with tax agencies from next year
E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.
Source: NDO
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