Implementing the policy of extending the deadline for tax and land rent payment in 2024

Real estate businesses have been granted an extension to pay land tax for 2024.

The Provincial People's Committee requests that all departments, agencies, associations, and organizations, as well as the People's Committees of districts, towns, and cities, study Decree 64/ND-CP dated June 17, 2024, for implementation. The Tax Department is responsible for monitoring and guiding relevant agencies, units, localities, and individuals in implementing this decree in accordance with its authority and regulations. If the matter exceeds its authority, it should report to the Provincial People's Committee for consideration and handling.

According to Decree 64/ND-CP dated June 17, 2024, the Government has extended the deadline for paying value-added tax (VAT) for the tax period from May to September 2024 (for monthly VAT declarations) and the tax periods of the second and third quarters of 2024 (for quarterly VAT declarations).

The extension period ranges from 2 to 5 months. Specifically: a 5-month extension for value-added tax (VAT) payments for May 2024, June 2024, and the second quarter of 2024; a 4-month extension for VAT payments for July 2024; a 3-month extension for VAT payments for August 2024; and a 2-month extension for VAT payments for September 2024 and the third quarter of 2024.

The deadline for paying value added tax for the tax period of May 2024 is no later than November 20, 2024, the tax period of June, July, August, September 2024 is no later than December 20, 2024 and the tax period of the second and third quarters of 2024 is no later than December 31, 2024.

The deadline for provisional tax payments for the second quarter of the 2024 corporate income tax period for eligible businesses and organizations is extended by 3 months. For value-added tax and personal income tax of household businesses and individual businesses, the deadline for paying value-added tax and personal income tax for the tax payable arising in 2024 is extended for household businesses and individual businesses operating in the economic sectors and fields as stipulated. Household businesses and individual businesses must pay the extended tax amount no later than December 30, 2024.

This extension grants an extension for the payment of 50% of the land rent due in 2024 (the second payment period of 2024) for businesses, organizations, households, and individuals eligible for the extension who are currently leasing land directly from the state under decisions or contracts of competent state agencies in the form of annual land rent payments. The extension period is 2 months from October 31, 2024.

This Decree is effective from June 17, 2024 to December 31, 2024. After the extension period stipulated in this Decree, the deadlines for paying taxes and land rent will be implemented according to current regulations.

Source: https://baoquangnam.vn/trien-khai-thuc-hien-chinh-sach-gia-han-thoi-han-nop-thue-tien-thue-dat-nam-2024-3136768.html