On June 17, 2024, the Government issued Decree 64/2024/ND-CP extending the deadline for paying value added tax, corporate income tax, personal income tax and land rent in 2024.
Accordingly, Decree 64/2024/ND-CP stipulates the extension of the deadline for paying taxes and land rent for the subjects specified in Article 1 of Decree 64/2024/ND-CP, specifically:
- For value added tax (except value added tax at import stage):
Extending the tax payment deadline for the arising value-added tax amounts that must be paid (including tax amounts allocated to other provincial localities where the taxpayer is headquartered, tax amounts paid each time they arise ) of the tax period from May to September 2024 (in case of declaring value-added tax monthly) and the tax period of the second quarter of 2024, third quarter of 2024 (in case of declaring value-added tax added value (quarterly) of businesses and organizations eligible for extension.
The extension period is 05 months for the value added tax amount of May 2024, June 2024 and the second quarter of 2024, the extension period is 04 months for the value added tax amount of July 2024. 2024, the extension period is 03 months for the value added tax amount of August 2024, the extension period is 02 months for the value added tax amount of September 2024 and the third quarter of 2024.
The extension period is calculated from the end date of the value-added tax payment deadline according to the provisions of law on tax administration.
Enterprises and organizations are eligible for an extension to declare and submit monthly and quarterly value-added tax declarations according to current law, but have not yet had to pay the value-added tax amount payable. generated on the declared Value Added Tax Declaration.
- For corporate income tax:
Extending the tax payment deadline for temporarily paid corporate income tax amounts of the second quarter of the 2024 corporate income tax period of enterprises and organizations subject to the extension.
The extension period is 03 months from the end of the corporate income tax payment deadline according to the provisions of law on tax administration.
- For value added tax, personal income tax of business households and individual businesses
Extending the deadline for paying value-added tax and personal income tax for tax amounts payable arising in 2024 of business households and individual businesses operating in economic sectors and fields subject to the extent.
Business households and individuals must pay the tax amount extended in this clause no later than December 30, 2024.
- For land rent:
Extending the land rent payment deadline for 50% of the land rent payable in 2024 (the amount payable in the second period of 2024) of enterprises, organizations, households, and individuals eligible for this extension. The land is being leased directly by the State according to a Decision or Contract of a competent state agency in the form of annual land rental payment. The extension period is 02 months from October 31, 2024.
Decree 64/2024/ND-CP is effective from the date of signing until December 31, 2024.
