DECREE NO. 64/2024/ND-CP ON EXTENDING THE DEADLINE FOR PAYING TAXES AND LAND RENT IN 2024
On 17 June 2024, the Government issued Decree No. 64/2024/ND-CP on extending the deadline for paying value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT), and land rent in 2024. Notable contents include the following:
A. Regarding eligible subjects for the extension
1. Enterprises, organizations, households, household businesses, and individuals engaged in production and business activities generating revenue in 2023 or 2024, including:
- Production activities in economic sectors such as agriculture, forestry; food production and processing; construction; publishing, film activities; crude oil and natural gas extraction; beverage production; water drainage and wastewater treatment.
- Business activities in economic sectors such as services, education, healthcare, culture, information.
- Production activities of prioritized supporting industry products; key mechanical products.
2. Small and micro enterprises as defined by the Law on Support for Small and Medium Enterprises 2017 and Decree No. 80/2021/ND-CP dated 26 August 2021, detailing certain provisions of the Law on Support for Small and Medium Enterprises.
B. Regarding the extension of the deadline for payment
Note: Some special cases:
Branches and units affiliated with enterprises and organizations eligible for the extension mentioned above, if they declare taxes separately and engage in production and business activities in the economic sectors and fields eligible for the extension, they are also eligible for the extension to pay corporate income tax. If they do not engage in production and business activities in the eligible economic sectors and fields, they will not be eligible for the extension.
Enterprises, organizations, household businesses, and individual businesses engaged in production and business activities across multiple economic sectors, including those specified as eligible for the extension, are eligible for an extension for the entire tax amount payable according to the guidelines in this Decree.
C. Extension procedure
Taxpayers directly filing and paying taxes to the tax authority eligible for extension shall submit the Application for Tax Payment Extension and Land Rent (first submission or replacement in case of discovery of errors) electronically or send the paper form directly to the tax authority or through postal services, using the Form provided in the Appendix accompanying this Decree, to the tax authority managing directly once for the entire amount of taxes and land rent accrued during the extended tax periods, along with the tax filing deadline by month (or quarter) as stipulated by tax management regulations, or no later than 30 September 2024.
This decree is effective from the date of issuance until the end of 31 December 2024.
DECREE NO. 65/2024/ND-CP ON EXTENDING THE DEADLINE FOR PAYING SPECIAL CONSUMPTION TAX FOR AUTOMOBILES PRODUCED AND ASSEMBLED DOMESTICALLY IN 2024
On 17 June 2024, the Government issued Decree No. 65/2024/ND-CP on extending the deadline for paying special consumption tax for automobiles produced and assembled domestically. Some notable contents of the Decree are as follows:
A. Regarding cases eligible for tax payment extension
Domestic automobile manufacturing and assembly enterprises
B. Tax periods eligible for extension
The extension applies to the tax periods of May, June, July, August, and September 2024
Note some special cases:
- Cases of supplementary tax declarations: If the taxpayer supplements the tax declaration dossier within the extension period, resulting in an increase in the special consumption tax payable, the extended tax amount will include the additional tax payable due to this supplementation.
- Cases of branches and affiliated units: If an enterprise has branches or affiliated units that independently declare special consumption tax with their direct tax management authorities, these branches and units will also receive an extension for special consumption tax payment. However, if these branches or units do not engage in the production or assembly of automobiles, they will not be eligible for the special consumption tax payment extension.
C. Extended tax payment deadline
The deadline for paying special consumption tax for the mentioned tax periods is no later than 20 November 2024.
D. Extension Procedures
Taxpayers eligible for the extension shall submit the Request for Extension of the Special Consumption Tax Payment Deadline (either electronically or by sending a paper copy directly to the tax authority or by mail) using the form in the Appendix issued with this Decree to the directly managing tax authority once for the entire extended periods, either at the same time as the submission of the special consumption tax declaration or no later than 20 November 2024.
This decree is effective from 17 June 2024 until 31 December 2024.
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