The Vietnamese Prime Minister finally approved Decree 41/2020/ND-CP (“Decree 41”) allowing the deferral of value added tax (“VAT”), corporate income tax (“CIT”), personal income tax (“PIT”) and land rental fee payments to support enterprises, individuals and household businesses affected by the COVID-19 global pandemic.
Decree 41 took immediate effect on 8 April 2020, the primary features of which we outline below..
Source: dfdl.com
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