8 December 2021
On 25 November 2021, the General Department of Taxation issued Official Letter No. 4539/TCT-CS to guide the extension of tax payment time. Some of the main contents are as follows:
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In case the taxpayer is late in paying tax and the tax authority considers and allows taxpayers to gradually pay the tax arrears according to the provisions of the laws, he/she will not be applied tax coercive measures but must pay the late payment interest.
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The late payment interest rate is 0.03%/day calculated on the amount of late payment tax.
For further information, please contact:
Minh Ngo Nhat, Managing Partner, BLawyers
minh.ngo@blawyersvn.com
