Decree No. 41/2020/ND-CP on the extension of deadlines for payments of taxes and land rental fees.

This Decree 41/2020/ND-CP regarding the extension of deadlines for payments of taxes and land rental fees is issued to support businesses suffering from the COVID-19 pandemic.
The Decree applies to several businesses including agriculture, forestry and fishery, food production and processing, wood processing and producing, mechanical processing, furniture, construction, transportation, education and training, real estate, labor and employment services, travel agents, tour operators, entertainment activities, movies, supporting industries, small and medium enterprises, and banking among others. For the aforementioned sectors, the Value-Added Tax (VAT) and Corporate Income Tax (CIT) will be extended by five months. For individuals and business households, the VAT and Personal Income Tax (PIT) deadlines are extended to December 31, 2020. Land rent fees have also been delayed for five months for those that lease directly from the government.