This is a noteworthy provision in Decree 114/2020/ND-CP detailing the implementation of Resolution 116/2020/QH14 of the National Assembly on the reduction of corporate income tax payable in 2020 for enterprises, cooperatives, public service providers, and other organizations in Vietnam.
The General Department of Taxation of Vietnam issued Decision 98/QD-TCT dated January 26, 2024, on the Procedures for Applying Risk Management in Selecting Value-Added Tax Returns, Corporate Income Tax Returns, and Special Consumption Tax Returns for Inspection at the Tax Authority’s Headquarters.
On April 14, 2023, the Government of Vietnam issued Decree 12/2023/ND-CP on extending the deadline for paying value added tax, corporate income tax, personal income tax and land rent in 2023.
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