In February 2021, the Government published and promulgated new policies and regulations on enterprises tax, personal tax, and land management, including:
- Regarding the increased grant of electronic tax accounts to individuals, which comes into effect on February 5, 2021.
- The Ministry of Finance has submitted a report to the Government for approval on elaborating a decree of extending the time limit of tax submission and land lease payments.
- Approved the project "Land management and effective land use directions in Ho Chi Minh City".
- Implementation of guidance on deductible expenses when determining the taxable income of corporate income tax (CIT) for support and sponsorship expenses of enterprises and organizations for prevention and control of the Covid-19 pandemic.
- Informative promotion and supporting to finalize CIT and personal income tax (PIT) of 2020.
Here we would like to send you the updated Legal Newsletter in February 2021.
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