EXTEND DEADLINES FOR VAT, EIT AND PIT PAYMENT
This is the highlight provision of the Government’s Decree No. 34/2022/ND-CP dated May 28, 2022, on extension of deadlines for payment of value-added tax (VAT), enterprise income tax (EIT), personal income tax (PIT) and land rental in 2022.
Accordingly, the extension duration is 06 months for the VAT amount of the tax periods of March, April and May 2022 and the tax period of the first quarter of 2022; 05 months for the VAT amount of the tax periods of June 2022 and the second quarter of 2022; 04 months for the VAT amount of the tax period of July 2022; and 03 months for the VAT amount of the tax period of August 2022.
For EIT, to extend the deadlines for payment of the temporarily paid EIT amounts of the tax periods of the first and second quarters of 2022 of specified enterprises and organizations. The extended duration is 03 months from the deadline for EIT payment as prescribed by the law on tax administration.
Besides, to extend the deadlines for payment of payable VAT and PIT amounts of 2022 of business households and individuals operating in the economic sectors and fields prescribed in Clauses 1, 2 and 3, Article 3 of this Decree. Business households and individuals shall pay the tax amounts eligible for extension of the payment deadline on December 30, 2022, at the latest.
This Decree takes effect from the date of its signing to the end of December 31, 2022.
