What are responsibilities of taxpayers filing additional tax returns for tax periods in Vietnam?
What are responsibilities of taxpayers filing additional tax returns for tax periods in Vietnam?
What are responsibilities of taxpayers filing additional tax returns for tax periods in Vietnam?
Pursuant to Clause 2 Article 5 of the Decree 12/2023/NĐ-CP stipulating procedures for extension as follows:
Procedures for extension
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2. Taxpayers shall determine and assume responsibility for applying for extension in accordance with this Decree. Taxpayers who submit application for extension to tax authorities after September 30, 2023 shall not be eligible for extension of payment deadline of taxes and land rents in accordance with this Decree. If taxpayers file additional tax returns for tax periods in which they are eligible for payment deadline extension thereby increasing the amount payable and submit additional tax returns to tax authorities before the end of the extended period, tax amounts to be extended shall also include amounts under the additional tax returns. If taxpayers file additional tax returns for tax periods in which they are eligible for payment deadline extension after the extended period has ended, tax amounts under the additional tax returns shall not be eligible for extension.
As regulations above, if taxpayers file additional tax returns for tax periods in which they are eligible for payment deadline extension thereby increasing the amount payable and submit additional tax returns to tax authorities before the end of the extended period, tax amounts to be extended shall also include amounts under the additional tax returns.
If taxpayers file additional tax returns for tax periods in which they are eligible for payment deadline extension after the extended period has ended, tax amounts under the additional tax returns shall not be eligible for extension.
How to determine extended payment deadline of monthly, quarterly VAT of enterprises and organizations eligible for extension in Vietnam?
Pursuant to Clause 1 Article 4 of the Decree 12/2023/NĐ-CP stipulating extension of tax and land rent payment deadline as follows:
Extension of tax and land rent payment deadline
1. In case of VAT (except for import VAT)
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Enterprises and organizations eligible for extension shall declare and submit monthly, quarterly tax return in accordance with applicable laws and are not yet required to pay VAT payables on the filed tax return. Extended payment deadline of monthly, quarterly VAT shall be as follows:
Extended payment deadline of VAT period of March of 2023 shall be October 20 of 2023.
Extended payment deadline of VAT period of April of 2023 shall be November 20 of 2023.
Extended payment deadline of VAT period of May of 2023 shall be December 20 of 2023.
Extended payment deadline of VAT period of June of 2023 shall be December 20 of 2023.
Extended payment deadline of VAT period of July of 2023 shall be December 20 of 2023.
Extended payment deadline of VAT period of August of 2023 shall be December 20 of 2023.
Extended payment deadline of VAT period of the first Quarter of 2023 shall be October 31 of 2023.
Extended payment deadline of VAT period of the second Quarter of 2023 shall be October 31 of 2023.
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As regulations above, VAT payment deadline of the month, quarter of enterprises and organizations eligible for extension shall be determined as follows:
- Extended payment deadline of VAT period of March of 2023 shall be October 20 of 2023.
- Extended payment deadline of VAT period of April of 2023 shall be November 20 of 2023.
- Extended payment deadline of VAT period of May of 2023 shall be December 20 of 2023.
- Extended payment deadline of VAT period of June of 2023 shall be December 20 of 2023.
- Extended payment deadline of VAT period of July of 2023 shall be December 20 of 2023.
- Extended payment deadline of VAT period of August of 2023 shall be December 20 of 2023.
- Extended payment deadline of VAT period of the first Quarter of 2023 shall be October 31 of 2023.
- Extended payment deadline of VAT period of the second Quarter of 2023 shall be October 31 of 2023.
What are methods for sending the application for extension of tax and land rent payment for the first time or for replacement when having errors in Vietnam?
Pursuant to Clause 1 Article 5 of the Decree 12/2023/NĐ-CP stipulating methods for sending the application for extension of tax and land rent payment for the first time or for replacement when having errors in Vietnam as follows:
Procedures for extension
1. Taxpayers who declare and pay tax to tax authorities and are eligible for payment deadline extension shall submit application for tax and land rent payment extension (hereinafter referred to as “Application for extension”) for the first time or as revision in case of error (electronically, physically to tax authorities, or post services) using Form under Appendix hereof to supervisory tax authorities once for all the taxes and land rents that arise during tax period of which payment deadline is extended and period in which the monthly (or quarterly) tax return is filed in accordance with tax administration laws. If the application for extension is not filed at the same time as the monthly (or quarterly) tax return, as long as the application for extension is filed before the end of September 30, 2023, tax authorities shall still extend payment deadline of taxes and land rents of periods eligible for extension prior to the filing date of application for extension.
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As regulations above, methods for sending the application for extension of tax and land rent payment for the first time or for replacement when having errors in Vietnam are:
- electronically
- physically to tax authorities
- post services
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