Vietnam Extending Tax Deadlines for Companies Impacted by Coronavirus

Vietnam’s General Department of Taxation will extend deadlines for paying taxes and exempt penalties for late payments for companies impacted by the coronavirus pandemic, who have “suffered great losses,” according to a March 17 report from CustomsNews, the mouthpiece for Vietnam Customs. Companies that need further extensions due to special circumstances -- including “unexpected accidents,” which covers suffering “dangerous diseases” -- can apply for longer extensions, the report said.