Extension of tax and land rent payment deadline in 2023

Extension of deadline for payment of provisional corporate income tax for the first and second quarters of 2023.

Accordingly, the subjects eligible for extension include:

1. Enterprises, organizations, households, business households, and individuals operating in the following economic sectors:

a) Agriculture, forestry and fisheries;

b) Food production and processing; weaving; garment production; leather and related products production; wood processing and production of products from wood, bamboo and rattan (except beds, wardrobes, tables and chairs); production of products from straw, thatch and plaiting materials; production of paper and paper products; production of rubber and plastic products; production of products from other non-metallic minerals; metal production; mechanical processing; metal treatment and coating; production of electronic products, computers and optical products; production of automobiles and other motor vehicles; production of beds, wardrobes, tables and chairs;

c) Construction;

d) Publishing activities; cinematographic activities, television program production, sound recording and music publishing;

d) Exploitation of crude oil and natural gas (no extension for corporate income tax on crude oil, condensate, natural gas collected under agreements and contracts);

e) Beverage production; printing and copying of all kinds of records; production of coke, refined petroleum products; production of chemicals and chemical products; production of products from prefabricated metals (except machinery and equipment); production of motorcycles and motorbikes; repair, maintenance and installation of machinery and equipment;

g) Drainage and wastewater treatment.

2. Enterprises, organizations, households, business households, and individuals operating in the following economic sectors:

a) Transportation and warehousing; accommodation and catering services; education and training; healthcare and social assistance activities; real estate business activities;

b) Labor and employment service activities; activities of travel agencies, tour businesses and support services related to promoting and organizing tours;

c) Creative, artistic and entertainment activities; library, archive, museum and other cultural activities; sports and entertainment activities; film screening activities;

d) Radio and television broadcasting activities; computer programming, consulting services and other activities related to computers; information service activities;

d) Mining support service activities.

3. Enterprises, organizations, households, business households, and individuals engaged in the production of priority supporting industrial products; key mechanical products.

4. Small and micro enterprises are determined according to the provisions of the Law on Support for Small and Medium Enterprises 2017 and Decree No. 80/2021/ND-CP dated August 26, 2021 of the Government detailing a number of articles of the Law on Support for Small and Medium Enterprises.

The economic sectors and fields of enterprises, organizations, households, business households and business individuals specified in (1), (2) and (3) above are the sectors and fields in which enterprises, organizations, households, business households and business individuals have production and business activities and generate revenue in 2022 or 2023.

Extension of tax and land rent payment deadline

Decree providing for extension of tax and land rent payment deadline.

Specifically, for value added tax (except import value added tax):

Extension of tax payment deadline for the arising value added tax payable (including the tax amount allocated to other provincial-level localities where the taxpayer has its head office, the tax amount payable for each occurrence) of the tax period from March to August 2023 (for cases of monthly value added tax declaration) and the tax period of the first and second quarters of 2023 (for cases of quarterly value added tax declaration) of enterprises and organizations. The extension period is 06 months for the value added tax amount from March to May 2023 and the first quarter of 2023, the extension period is 05 months for the value added tax amount of June 2023 and the second quarter of 2023, the extension period is 04 months for the value added tax amount of July 2023, the extension period is 03 months for the value added tax amount of August 2023. The extension period at this point is calculated from the end date of the deadline for payment of value added tax according to the provisions of the law on tax administration.

Enterprises and organizations that are eligible for an extension must declare and submit monthly and quarterly Value Added Tax Declarations in accordance with current laws, but have not yet paid the payable Value Added Tax arising on the declared Value Added Tax Declarations. The deadline for paying monthly and quarterly Value Added Tax is extended as follows:

The deadline for paying value added tax for the March 2023 tax period is no later than October 20, 2023.

The deadline for paying value added tax for the April 2023 tax period is no later than November 20, 2023.

The deadline for paying value added tax for the tax period of May 2023 is no later than December 20, 2023.

The deadline for paying value added tax for the June 2023 tax period is no later than December 20, 2023.

The deadline for paying value added tax for the July 2023 tax period is no later than December 20, 2023.

The deadline for paying value added tax for the tax period of August 2023 is no later than December 20, 2023.

The deadline for paying value added tax for the first quarter of 2023 is no later than October 31, 2023.

The deadline for paying value added tax for the second quarter of 2023 is no later than December 31, 2023.

In case an enterprise or organization has branches or affiliated units that declare value added tax separately with the tax authority directly managing the branch or affiliated unit, the branches or affiliated units are also eligible for an extension of value added tax payment. In case the branches or affiliated units of the enterprise or organization mentioned in (1), (2), (3) above do not have production or business activities in the economic sector or field eligible for an extension, the branches or affiliated units are not eligible for an extension of value added tax payment.

Extension of deadline for payment of provisional corporate income tax for the first and second quarters of 2023.

For corporate income tax, the tax payment deadline for the provisional corporate income tax payment of the first and second quarters of the 2023 corporate income tax period of enterprises and organizations is extended. The extension period is 03 months from the end date of the corporate income tax payment deadline according to the provisions of the law on tax administration.

In case an enterprise or organization has branches or affiliated units that declare corporate income tax separately with the tax authority directly managing the branch or affiliated unit, the branches or affiliated units are also eligible for an extension of corporate income tax payment. In case the branches or affiliated units of the enterprise or organization mentioned in (1), (2), (3) above do not have production or business activities in the economic sector or field eligible for an extension, the branches or affiliated units are not eligible for an extension of corporate income tax payment.

For value added tax and personal income tax of business households and individuals, the deadline for payment of value added tax and personal income tax for the tax payable arising in 2023 of business households and individuals operating in the economic sectors and fields mentioned in (1), (2), (3) above is extended. Business households and individuals shall pay the tax amount extended in this clause no later than December 30, 2023.

Extension of land rent payment deadline for 50% of land rent payable in 2023

Extension of land rent payment deadline for 50% of the land rent payable in 2023 by enterprises, organizations, households and individuals who are directly leasing land from the State according to the Decision or Contract of the competent state agency in the form of annual land rent payment. The extension period is 06 months from May 31, 2023 to November 30, 2023.

This regulation applies to enterprises, organizations, households and individuals that have many Decisions and Contracts for direct land lease from the State and have many different production and business activities, including economic sectors and fields specified in (1), (2), (3) above.

In case an enterprise, organization, business household, or individual business has production and business activities in many different economic sectors, including the economic sectors and fields specified in (1), (2), (3) above, then: the enterprise or organization will be granted an extension for the entire amount of value added tax and corporate income tax payable; the business household or individual business will be granted an extension for the entire amount of value added tax and personal income tax payable according to the instructions in this Decree.

The Decree takes effect from April 14 to December 31, 2023.