Subjects eligible for tax payment extension in 2021

According to Decree 52/2021/ND-CP, effective from April 19, 2021, the subjects eligible for the extension to pay VAT, CIT, PIT and land rent are specified as follows:

Enterprises, organizations, businesses and individuals engaged in production activities in economic sectors such as:

• Agriculture, forestry and fisheries;

• Publishing activities; cinematography, television program production, sound recording and music publishing;

• Exploiting crude oil and natural gas (without extension for CIT on crude oil, condensate, natural gas collected under agreements and contracts);

• Beverage production; print, copy records of all kinds; manufacture of motorcycles and motorbikes;

• Drainage and wastewater treatment…

Enterprises, organizations, businesses and individuals doing business in economic sectors such as:

• Radio and television activities; computer programming, consulting services and other computer-related activities; information service activities;

• Mining support service activities…

You can refer to the details of the subject of tax payment extension in Decree 51/2021/ND-CP.

This is the third time the Government has approved a policy to support businesses affected by Covid-19. However, in order to apply the renewal policy, in addition to being in the above subjects, you must ensure:

• Fully pay the tax, land rent extended from Decree 41/2020/ND-CP (ie the first time the extension policy has been approved) and late payment interest before July 30, 2021.
• Send the first application for extension of tax and land rent payment (or replace if there is an error) by online/in person/postal form to the tax authority directly managing it.
• The application for extension must specify the extension of all periods of taxes and land rent, at the same time as submitting the monthly/quarterly tax return or by July 30, 2021 if not submitted at the same time. point.

Do not hesitate to contact Vision for free advice on tax and legal issues.

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