How is personal land rent deferred in Vietnam in 2022?

Nội dung chính

• In Vietnam, how is personal land rent deferred in 2022?
• In Vietnam, how are tax and land rents deferred for other cases in 2022?

In Vietnam, how is personal land rent deferred in 2022?

Pursuant to Clause 4, Article 4 of Decree 34/2022/ND-CP stipulating land rents:

Deferral shall be granted to 50% of annual land rents payable in 2022 by enterprises, organizations, households, household businesses, individuals specified in Article 3 of this Decree that are directly leasing land from the State under Decisions or Contracts of competent authorities. Deferral period shall be 06 months from May 31, 2022 to November 30, 2022.

This also applies to any enterprise, organization, household, household business or individual that has multiple land lease decisions or contracts with the State and has various business operations, including those in the business lines specified in Clause 1, Clause 2, Clause 3 and Clause 5 Article 3 of this Decree

In Vietnam, how are tax and land rents deferred for other cases in 2022?

Pursuant to Clause 5 and 6 of the above Article 4:

5. In case an enterprise, organization, household, household business or individual has various business operations including those in the business lines specified in Clause 1, Clause 2, Clause 3 and Clause 5 Article 3 of this Decree, the enterprise or organization will be granted deferral of the entire amount of VAT, CIT payable; the household business or individual business will be granted deferral of the entire amount of VAT, PIT payable as instructed in this Decree.

6. In case the expiration date of the deferral period is a statutory day off, it will be the working days succeeding the day off.

Best regards!