Guidance on making application for payment extension of tax and land rent in Vietnam in 2024

Guidance on making application for payment extension of tax and land rent in Vietnam in 2024 (Image from the internet)

On July 11, 2024, the General Department of Taxation (Hanoi, Vietnam) issued Official Dispatch 3002/TCT-KK regarding the implementation of policies for extending the tax payment deadlines in 2024 according to the Decrees of the Government of Vietnam and reporting the results of implementing tax exemption, reduction, and deferral policies in Vietnam.

Guidance for making application for payment extension of tax and land rent in Vietnam in 2024

(1) Taxpayers eligible for an extension under Decree 64/2024/ND-CP must submit a application for payment extension to the directly managing tax authority along with the monthly/quarterly tax return files as per the legal regulations on tax management. If the application for payment extension is not submitted simultaneously with the monthly/quarterly tax return files, the latest deadline for submission is September 30, 2024. In case errors are found in the already submitted application for payment extension, the taxpayer must submit the amended application for payment extension by September 30, 2024.

For branches, dependent units of enterprises, or organizations specified in Article 3 of Decree 64/2024/ND-CP, which file separate VAT and corporate income tax returns with the directly managing tax authority and are eligible for VAT and corporate income tax deferral as per Article 3 of Decree 64/2024/ND-CP, the branches/dependent units must send the application for payment extension to the directly managing tax authority.

Enterprises or organizations with branches or dependent units eligible for VAT and corporate income tax deferral per Article 3 of Decree 64/2024/ND-CP that do not file separate VAT and corporate income tax returns with the tax authority must include information on these branches/dependent units in their application for payment extension to the directly managing tax authority.

Household businesses, individuals conducting business under Article 3 of Decree 64/2024/ND-CP with multiple business locations granted separate tax codes must use the assigned tax codes to draft and submit the application for payment extension to the directly managing tax authority for the business location. If a household business, individual conducting business has multiple business locations managed by a single tax authority, only one (01) application for payment extension must be submitted to the directly managing tax authority for all these business locations.

Taxpayers requesting an extension for one or several land rental areas managed by the same tax authority must submit the application for payment extension to the tax authority managing the land rentals. For requests covering both land rent and other taxes or land rent in different areas managed by different authorities, a single application for payment extension must be submitted to the directly managing tax authority of the taxpayer.

(2) Instructions for Completing the application for payment extension in 2024

The tax authority provides the following guidance for accurately completing the 2024 application for payment extension form:

- Tax Authority: The tax authority directly managing the taxpayer or managing the branch, dependent unit, or business location as detailed in section (1).

- Fields [01], [02], [03], [04]: Taxpayers must provide complete information including Name, tax code, address, and contact phone number.

- Fields [05], [06]: Taxpayers must provide complete information including Name and tax code of the tax agent.

- Field [07]: Taxpayers must check the applicable taxes for which they are requesting an extension under the Decree:

a) VAT for enterprises, organizations

b) Corporate income tax for enterprises, organizations

c) VAT and personal income tax for household businesses, individuals

d) Land rent

Details of land rent (specify the address for each rental area subject to the extension):

- Land Area 1 under Decision/Contract No...., dated.../.../....:……

- Land Area 2 under Decision/Contract No...., dated.../.../....:……

...

- Field [08]: Taxpayers must check the applicable extension case. Specifically:

+ Section I: Self-determined according to the Law on Support for Small and Medium Enterprises 2017 and Decree 80/2021/ND-CP dated August 26, 2021, from the Government of Vietnam detailing several articles of the Law on Support for Small and Medium Enterprises.

+ Section II: Self-determined based on Decision 27/2018/QD-TTg dated July 6, 2018, by the Prime Minister; Decree 111/2015/ND-CP dated November 3, 2015, from the Government of Vietnam; Decision 319/QD-TTg dated March 15, 2018, by the Prime Minister.

See the detailed content in Official Dispatch 3002/TCT-KK issued on July 11, 2024.

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