Extension of deadlines for taxes and land rental payment

On May 28, 2022, the Government hereby issues the Decree  No. 34/2022/ND-CP on extension of deadlines for payment of value-added tax (VAT), enterprise income tax (EIT), personal income tax (PIT) and land rental in 2022.

For VAT (Except for VAT in import)

The extension duration is 06 months for the VAT amount of the tax periods of March, April and May 2022 and the tax periods of first quarter of 2022; 05 months for the VAT amount of the tax periods of June 2022 and the second quarter of 2022; 04 months for the VAT amount of the tax period of July 2022; and 03 months for the VAT amount of the tax period of August 2022.

The extension duration specified at this Point is calculated from the deadline for VAT payment prescribed by the law on tax administration.

In case a taxpayer makes additional declaration to its tax declaration dossier of a tax period which is eligible for extension of tax payment deadline, resulting in an increase in the payable VAT amount, and sends the additional declaration to the concerned tax office before the extended tax payment deadline expires, the tax amount eligible for extension of the payment deadline is also inclusive of the payable tax amount increased due to additional declaration.
 

Enterprises and organizations that are entitled to extension of tax payment deadlines shall make and submit monthly or quarterly VAT declarations in accordance with the current law but are not required to pay the payable VAT amounts stated in the VAT declarations already filled in.

Enterprise Income Tax (EIT)

To extend the deadlines for payment of the temporarily paid EIT amounts of the tax periods of the first and second quarters of 2022. The extended duration is 03 months from the deadline for enterprise income tax payment as prescribed by the law on tax administration.

For VAT and PIT of business households and business individuals

To extend the deadlines for payment of payable VAT and PIT amounts of 2022 of business households and individuals. Business households and individuals shall pay the tax amounts eligible for extension of the payment deadline on December 30, 2022, at the latest.

For land rental

To extend the deadlines for payment of 50% of the land rental amounts payable in 2022 of enterprises, organizations, households, business households and individuals that are leased land directly by the State under decisions of or contracts signed with competent state agencies in the form of land lease with annual payment of land rental.

The extension duration is 06 months from May 31, 2022 to November 30, 2022.

This provision also applies to enterprises, organizations, households, business households and individuals that are leased land directly by the State under more than one decision or contract and conduct production and business activities in different sectors and fields including those prescribed in Clauses 1, 2, 3 and 5, Article 3 of this Decree.

Note:  Persons eligible for payment deadline extension of VAT, EIT, PIT and land rental is prescribed at the Article 3 of the Decree 34/2022.

The Decree No. 34/2022/ND-CP takes effect on May 28, 2022.