The Government issued Decree No. 12/2023/ND-CP dated 13 April 2023 on the extension of the payment deadline for VAT, CIT, PIT, and land rental in 2023:

Continue the extension for all subjects specified in Article 3 of the Government’s Decree No. 34/2022/ND-CP dated May 28, 2022, except for “credit institutions, branches of Foreign banks implementing solutions to support customers who are businesses, organizations, and individuals affected by the Covid-19 pandemic in accordance with State Bank of Vietnam regulations”.

Extended taxes include:

VAT payable (exclude import VAT) of:

• From March 2023 to May 2023 and the 1st quarter of 2023: extend for 06 months;
• June 2023 and the 2nd quarter of 2023: extend for 05 months;
• July 2023: extend for 04 months;
• August 2023: extend for 03 months

Temporary CIT payment for the 1st and 2nd quarter of 2023: extend for 03 months

VAT and PIT payable in 2023 of business households and individuals: to be extended until 30 December 2023

Land rental payment in 2023: Enterprises and business households/individuals renting land directly from the State are eligible to a 6-month extension in payment deadline, from 31 May 2023 to 30 November 2023, for 50% of the land rental payable in 2023.

The Decree takes effect from the date of signing to 31 December 2023