General

Tax, land rent payment deadlines to be extended this year


Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly 84 trillion VND (3.3 billion USD). The Ministry of Finance (MoF) has finalised a draft decree on the deadline extension. It said that the move aims to assist enterprises and people to surmount difficulties and sustain production and business activities while minimising impact on the balance of the state budget at both central and local levels.

Source: Vietnam News Agency