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Vietnam Issues Decree to Extend Tax Payment Deadlines on Virus

April 9, 2020, 3:23 AM

Vietnam implemented a 5-month extension for payments of the corporate value added tax, corporate income tax and land leases due to the novel coronavirus pandemic, according to a post on the govt website, which cited the new decree that takes effect April 8.

  • Payments of VAT and personal income tax of home and individual businesses due this year will be extended to Dec. 31
  • NOTE: Vietnam Raising Stimulus For Virus-Hit Firms to $7.6 Billion (1)

To contact the reporter on this story:
Mai Ngoc Chau in Ho Chi Minh City at cmai9@bloomberg.net

To contact the editor responsible for this story:
John Boudreau at jboudreau3@bloomberg.net

© 2020 Bloomberg L.P. All rights reserved. Used with permission.