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Vietnam Providing Tax Payment Relief in 2021 for COVID-19

23 February 2021

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Approved Changes

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Vietnam

Vietnam's Ministry of Finance is reportedly providing additional tax payment relief in 2021 due to COVID-19, which is similar to the payment relief that was provided in 2020. The payment extensions include: a 5-month extension for VAT payments that applies for the monthly VAT payments for January to June 2021 and the quarterly VAT payment for the first two quarters of 2021; a 3-month extension for the quarterly corporate tax payments for the first two quarters of 2021; for business households and individuals, an extension for annual income tax payments for 2020 and VAT payments for 2021 to 31 December...