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blue-check Regarding promulgation of tax exemption and reduction policy in 2020

Notice No. 209/TB-VPCP dated August 5th, 2021 of the Government Office about Conclusion of Prime Minister Pham Minh Chinh at the Government Standing’s meeting on some measures for tax reduction and exemption to support enterprises, the people affected by the Covid-19 pandemic
Posted: 5/8/2021 1:29:20 PM | Latest updated: 18/8/2021 9:17:35 AM (GMT+7) | LuatVietnam: 5271 | Vietlaw: 522
VietlawOnline

The Government notifies that basically it agrees with measures for tax reduction and exemption to support enterprises, the people affected by the Covid-19 pandemic proposed by the Ministry of Finance.

However, the Government also notes that the tax reduction and exemption measures to be given must ensure to timely support enterprises, the people; reduce unnecessary administrative procedures in order to be immediately implemented and need to consult more with the business community before the promulgation.

Regarding time limit for applying tax exemption and reduction policy, firstly it will be implemented in 2021.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 522
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