Vietnam coronavirus 5-month VAT payment deferment
- Mar 19, 2020 | Richard Asquith
The Vietnamese Ministry of Finance is to offer a five-month Value Added Tax deferment to assist with companies during the COVID-19 pandemic. The measures are targeting: small businesses; transport; agriculture sector; and foodstuffs and textile sectors.
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The VAT holiday would be extended to other taxes, including personal income and corporate income taxes.