Tax exemptions and reductions introduced to support businesses
To support businesses affected by Covid-19 since 2020, the Ministry of Finance has implemented a number of solutions to exempt and reduce taxes, fees, charges, and land rentals worth a total of more than VND477 trillion ($21 billion). The ministry is also collecting comments on a draft decree extending the deadline for paying VAT, corporate income tax, personal income tax, land rentals, and water surface rentals in 2022.