Vietnam: Extended deadlines for payment of income tax, VAT, land rental fee, special consumption tax for automobiles

Decree 64/2024/ND-CP and Decree 65/2024/ND-CP

Decree 64/2024/ND-CP and Decree 65/2024/ND-CP

Decree 64/2024/ND-CP (dated June 17, 2024) extends the deadlines for payment of corporate income tax, value added tax (VAT), individual (personal) income tax, and land rental fee for 2024.

In addition, Decree 65/2024/ND-CP (dated June 17, 2024) extends the deadline for payment of special consumption tax applicable to domestically manufactured or assembled automobiles for 2024.

Read a July 2024 report prepared by the KPMG member firm in Vietnam

 

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.