Tax and land rents extended terms by provincial Revenue Department to assist enterprises to stabilize production

In order to support businesses and people overcome difficulties and maintain production and business operations, the provincial Revenue Department, in the first 6 months of 2023, implemented the policy of extending tax and land rents according to the Government's decree.

Accordingly, 1,300 businesses requesting an extension on a total tax amounts of nearly VND 530 billion eyed value-added tax of nearly VND 520 billion, and land rents nearly VND 10.1 billion; 50% reduction of environmental protection tax with a reduction of nearly VND 372 billion. In addition, 3 cases have been exempted from late payment interests according to the resolutions at a total amount of VND 391 million in a part of a practical and timely solution to help businesses reduce costs, increase working capital, and stabilize production.

Reported by Thanh Hong – Translated by Vi Bao