Proposed tax and social security concessions to support taxpayers due to Covid-19 epidemic

Các giải pháp về thuế và bảo hiểm xã hội của Chính phủ để tháo gỡ khó khăn cho doanh nghiệp do ảnh hưởng của dịch bệnh Covid-19

KPMG Law Limited

Following the Directive No. 11/CT-TTg dated 4 March 2020 of the Prime Minister on proposed taxpayer concessions to offset the economic impact of Covid-19 , the Ministry of Finance is currently drafting a Decree to extend the timeline for the payment of Value Added Tax (“VAT”), Personal Income Tax (“PIT”) and land rental for a nominated group of taxpayers.

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KPMG Law Limited

 

KPMG Law Limited is comprised of over 50 dedicated legal professionals who are qualified in Vietnam, the states of New York and California, Canada, and Australia.  Our professionals are spread across three offices representing the major financial and commercial hubs. This coverage ensures that we are able to bring our depth and breadth of experience to support you when and where needed most. KPMG Legal Services is driven by the focusing on providing linkage and synergy between existing Audit, Tax, Consulting, and Advisory functions, which translates to fully integrated approach delivers greater value, reduces inefficiencies, and enhances business flexibility and outcomes on issues.

KPMG Legal Services can support clients in market-entry strategy, restructuring the business, drafting contracts, addressing employment issues, resolving commercial disputes, M&A services (from pre-deal structuring, due diligence, drafting and negotiating transaction documents, completion services, all the way to post-acquisition integration), or tackling regulatory and compliance issues and implementation of remediation measures.

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Tags

  • Vietnam
  • Personal Income Tax
  • Corporate Income Tax
  • Corporate Tax
  • Pandemics ( Coronavirus )

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