In the face of the increasingly complicated situation of the Covid-19 epidemic, on April 8, 2020, the Government issued Decree No. 41/2020/ND-CP on extending the deadline for paying taxes and land rents in order to support a number of businesses.

Specifically, the deadline for paying tax is as follows:

I. IN TERMS OF VAT:

Deadline for payment of VAT incurred in March 2020 is deferred to September 20, 2020.

Deadline for payment of VAT incurred in April 2020 is deferred to October 20, 2020.

Deadline for payment of VAT incurred in May 2020 is deferred to November 20, 2020.

Deadline for payment of VAT incurred in June 2020 is deferred to December 20, 2020.

Deadline for payment of VAT incurred in the first quarter of 2020 is deferred to September 30, 2020.

Deadline for payment of VAT incurred in the second quarter of 2020 is deferred to December 30, 2020.

II. IN TERMS OF CIT:

         CIT declared in the 2019’s annual statement and CIT declared in the first and second quarters of 2020 by organizations and enterprises specified in Article 2 of this Decree will be deferred for 05 months form the deadline for CIT payment prescribed by tax administration laws.

         In case an enterprise or organization has already paid the CIT declared in the 2019’s annual statement, it may offset the paid CIT against other unpaid taxes. In this case, the taxpayer shall complete form No. C1-11/NS enclosed with Circular No. 84/2016/TT-BTC), enclose it with the tax payment documents or relevant documents and submit them to the tax authority.

III. ORDER AND PROCEDURES FOR RENEW:

Submit application form for extension of tax payment and land rent

– Method of payment: by electronic or other methods

– Receiving agencies: Tax authorities directly managing them

Note:

• Submit one-off payment for all tax breaks and land rents that are extended together with the time of submission of monthly (or quarterly) tax returns in accordance with the tax administration law.
• If the written request for extension of tax payment and land rent is not paid together with the time of submission of monthly (or quarterly) tax returns, the deadline for submission is July 30, 2020, the tax administration agency still extend the tax payment, land rent of the arising period is extended before the time of submitting the request for extension.
• If the taxpayer sends a written request for an extension of tax payment and land rent to the tax authority after July 30, 2020, the tax payment is not extended.
• Tax authorities are not required to notify the taxpayer of accepting the tax payment extension and land rent.

Link to reference to Decree 41/2020/ND-CP specifically:

https://thuvienphapluat.vn/van-ban/Thue-Phi-Le-Phi/Nghi-dinh-41-2020-ND-CP-gia-han-thoi-han-nop-thue-va-tien-thue-dat-438649.aspx

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