Implementing Tax Exemptions and Reductions in Various Sectors and for Entities Severely Affected by Covid-19

08:42, 10/07/2024

Conclusion 77-KL/TW on the policy to overcome the impact of the Covid-19 pandemic for the recovery and development of the national economy was issued on June 5, 2020.

According to Conclusion 77, the Politburo has outlined urgent tasks and solutions as follows:

- Continue to effectively and synchronously implement appropriate mechanisms and policies, especially in terms of finance, currency, and social security to support the people, businesses, and workers. Implement policies for tax exemption and reduction for several sectors and entities heavily impacted by the Covid-19 pandemic in 2020;- Focus on strongly developing the domestic market and effectively implementing solutions to stimulate domestic consumption. For the time being, do not adjust the statutory pay rate of Vietnamese officials and public employees, armed forces;- Extend the stability period of the state budget for the 2017 - 2020 period to 2021; in 2021, issue the budget expenditure allocation norms for the 2022 - 2025 period;- …

Details can be found at Conclusion 77-KL/TW issued on June 5, 2020.

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