Less than a month to propose extension of deadline for tax payment and land rent

Less than a month to propose extension of deadline for tax payment and land rent. Photo: Thùy Linh

In 2021, the Covid-19 pandemic has complicated developments, causing significant impact business and production activities of firms. Facing that situation, the Government has issued policies to gradually support businesses and people to overcome the difficulties by issuing Decree No. 52/2021/ND-CP on extending the deadline for paying value added tax, corporate income tax, personal income tax and land rent in 2021.

Decree No. 52/2021/ND-CP dated April 19, 2021 takes effect from the date of signing and stipulates the deadline extension for paying tax and land rent of enterprises, organisations, business households and individuals negatively impacted by the Covid-19 pandemic.

However, to ensure consistency in the implementation and maintain State budget stability, Decree No. 52/2021/ND-CP also stipulates conditions for extending the deadline of tax payment and land rent. To be eligible for the deadline extension of tax payment and land rent, enterprises and organisations must guarantee the following conditions:

Taxpayers must be eligible for the deadline extension as prescribed in Article 2 of Decree 52/2021/ND-CP.

Taxpayers must fully pay tax, land rent which has been extended deadline for the tax payment following the provisions of Decree No. 41/2020/ND-CP and corresponding late payment (if any) into the State budget before July 30, 2021. The order of paying taxes, late payment and fines must comply with the provisions of Article 57 of the Law on Tax Administration No. 38/2019/QH14.

Taxpayers are only determined to have fully paid taxes and land rents that are extended beyond the deadline under Decree No. 41/2020/ND-CP, eligible for deadline extension under Decree 52/2021/ND-CP, if the taxpayers pay the full amount of tax that is extended deadline, including debts incurred before being extended and debts extended under Decree No. 41/2020/ND-CP.

Taxpayers must send an application for the deadline extension of tax and land rent payment for the first time or replacement when detecting errors to the tax authority directly managing by July 30.

Thus, there is less than a month until the deadline (July 30, 2021). Therefore, to fully enjoy the benefits and deadline extension of tax payment and land rent under Decree 52/2021/ND-CP provisions, taxpayers must ensure the implementation of procedures related to debt payment and apply for deadline extension on time.