The Government’s policy of giving a five-month postponement of tax and land-use fee payments to support businesses to overcome the difficult time caused by COVID-19 pandemic should be extended to allow more companies to get back on their feet.
Prime Minister Nguyen Xuan Phuc on Wednesday approved a decree about the extension of deadlines for tax and land use fee payments to support businesses amid COVID-19 pandemic.
The HCM City Real Estate Association has urged the Government to enlist the property industry as affected sectors by the COVID-19 outbreak and to be eligible for VAT and land-use fee payment postponement.
The Ministry of Finance has submitted to the Government a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments for those affected by the COVID-19 epidemic.
