In the year 2022, which businesses, organizations, households and individuals can extend the tax payment deadline?
- Extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rent for households, individuals, organizations and enterprises with production activities?
- Extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rent for households, individuals, organizations and enterprises conducting business activities?
- In other cases, the deadline for payment of value added tax, corporate income tax, personal income tax and land rent is extended?
Extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rent for households, individuals, organizations and enterprises with production activities?
Pursuant to Clause 1, Article 3 of Decree 34/2022/ND-CP stipulates:
“Article 3. Subjects eligible for extension
1. Enterprises, organizations, households, business households and individuals engaged in production activities in the following economic sectors:
a) Agriculture, forestry and fishery;
b) Food production and processing; weaving; production of costumes; manufacture of leather and related products; wood processing and production of products from wood, bamboo and cork (except for beds, cabinets, tables and chairs); produce products from straw, straw and plaiting materials; production of paper and paper products; manufacturing products from rubber and plastic; manufacture of other non-metallic mineral products; metal production; mechanical; metal processing and coating; manufacturing electronic products, computers and optical products; manufacture of automobiles and other motor vehicles; manufacture beds, cabinets, tables and chairs;
c) Construction;
d) Publishing activities; cinematographic activities, television program production, sound recording and music publishing;
dd) Exploiting crude oil and natural gas (no extension for corporate income tax on crude oil, condensate, and natural gas collected under agreements or contracts);
e) Manufacture of beverages; print, copy records of all kinds; production of coke, refined petroleum products; manufacture of chemicals and chemical products; manufacture of products from prefabricated metal (except for machinery and equipment); manufacture of motorcycles and motorbikes; repair, maintenance and installation of machinery and equipment;
g) Drainage and wastewater treatment.”
Accordingly, businesses, organizations, households and individuals will be entitled to an extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rent when their production activities are in progress. fields such as agriculture, forestry and fishery; build; publishing, cinematography, crude oil and gas extraction, drainage and wastewater treatment, etc., as stipulated above.
In the year 2022, which businesses, organizations, households and individuals can extend the tax payment deadline?
Extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rent for households, individuals, organizations and enterprises conducting business activities?
Pursuant to Clause 2, Article 3 of Decree 34/2022/ND-CP stipulates as follows:
“Article 3. Subjects eligible for extension
…
2. Enterprises, organizations, households, business households and individuals conducting business in the following economic sectors:
a) Transport and warehouse; accommodation and catering services; education and training; health and social assistance activities; real estate business;
b) Labor and employment service activities; activities of travel agencies, tour businesses and support services, related to the promotion and organization of tours;
c) Creative, artistic and entertainment activities; activities of libraries, archives, museums and other cultural activities; sports and entertainment activities; movie screening activities;
d) Radio and television activities; computer programming, consulting services and other computer-related activities; information service activities;
d) Mining support service activities.
…”
Thus, businesses, organizations, households and individuals do business in areas such as transportation and warehousing; accommodation, catering, education and medical services; labor and employment services; Travelers; arts and entertainment; broadcasting; mining support, etc. according to the above regulations, the deadline for payment of value added tax, corporate income tax, personal income tax and land rent will be extended.
In other cases, the deadline for payment of value added tax, corporate income tax, personal income tax and land rent is extended?
Pursuant to Clauses 3, 4 and 5, Article 3 of Decree 34/2022/ND-CP stipulates as follows:
“Article 3. Subjects eligible for extension
…
3. Enterprises, organizations, households, business households and individuals engaged in production of supporting industry products are given priority for development; key mechanical products.
Supporting industry products prioritized for development are determined according to Decree No. 111/2015/ND-CP dated November 3, 2015 of the Government on the development of supporting industries; Key mechanical products are identified according to Decision No. 319/QD-TTg dated March 15, 2018 of the Prime Minister approving the Strategy for development of Vietnam's mechanical industry to 2025, with a vision to 2035.
4. Small and micro enterprises are defined according to the provisions of the Law on Supporting Small and Medium Enterprises in 2017 and the Government's Decree No. 80/2021/ND-CP dated August 26, 2021 detailing a Articles of the Law on Supporting Small and Medium Enterprises.
5. Credit institutions, foreign bank branches implement solutions to support customers being businesses, organizations and individuals affected by the Covid-19 epidemic in accordance with regulations of the State Bank of Vietnam.
…”
Accordingly, enterprises, organizations, households and individuals engaged in the production of supporting industry products give priority to development, key mechanical products; Small and micro enterprises and credit institutions, foreign bank branches that support customers who are businesses affected by Covid-19 will also be extended the deadline for paying value added tax. corporate income tax, personal income tax and land rent.
Thus, the above cases will be extended the time limit for paying value added tax, corporate income tax, personal income tax and land rent. In order to determine the business lines of enterprises, organizations, households and individuals whose production and business activities are extended the tax payment deadline, the list of business lines under Decision No. 27/2018/QD-TTg. In addition, the business lines of organizations, businesses, households and individuals eligible for tax payment deadline extension must be business lines that generate revenue in 2021 and 2022.
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