Bloomberg Tax
April 8, 2020, 5:00 AM

Vietnam MOF Releases Draft Decree Extending Tax Payment Deadlines Due to Coronavirus

The Vietnamese Ministry of Finance March 27 announced the release of a draft decree extending the deadline for payment of various taxes due to the coronavirus pandemic. The announcement includes a deadline extension: 1) by five months from the due date for March, April, May, and June monthly and Q1 and Q2 2020 quarterly VAT and corporate tax returns; 2) to Dec. 15 for specified VAT and individual tax returns; and 3) to Oct. 31 from May 31 for land rent payments. The announcement also includes a clarification on the deadline extension procedures. [Vietnam, Ministry of Finance, 03/27/20]

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