Vietnam's Ministry of Finance has proposed extending deadlines for value-added tax (VAT), corporate income tax, personal income tax and land rent payments in 2026, with the total value of deferred obligations estimated at VND125 trillion ($4.8 billion).

The ministry has submitted a draft decree to the government as part of efforts to support businesses, households and individuals while creating additional momentum for economic growth.

According to the ministry, the proposal implements tasks assigned under Government Resolution No. 148/NQ-CP dated June 6, 2026 and is intended to provide taxpayers with greater financial resources for production and business activities.

The ministry noted that between 2020 and 2025, the government repeatedly introduced tax and land rent payment extensions to support the economy. The measures were widely welcomed by the business community for helping improve liquidity and providing short-term working capital without affecting state budget revenue targets.

Under previous extension programs, deferred tax and land rent payments exceeded VND95 trillion ($3.7 billion) in 2023, more than VND83 trillion ($3.2 billion) in 2024 and over VND114.8 trillion ($4.4 billion) in 2025.

The draft decree largely maintains the scope of beneficiaries outlined in Government Decree No. 82/2025. Eligible recipients include businesses, organizations, households, business households and individual entrepreneurs operating in 43 economic sectors, as well as small and micro-sized enterprises.

Proposed extension schedule

For VAT, the ministry proposes extending payment deadlines as follows:

VAT liabilities for May 2026 would be payable no later than November 20, 2026.

VAT liabilities for June, July, August and September 2026 would be payable no later than December 21, 2026.

VAT liabilities for the second quarter of 2026 would be payable by November 2, 2026.

VAT liabilities for the third quarter of 2026 would be payable by December 31, 2026.

Provisional corporate income tax payments for the second and third quarters of 2026 would also be extended until November 2 and December 31, 2026, respectively.

For business households and individual entrepreneurs, personal income tax liabilities arising between May and September 2026, or during the second and third quarters of the year, would receive extensions matching those applied to VAT obligations.

Regarding land rent, the draft proposes extending payment deadlines for 50% of land rent due in 2026 under the first payment period of the year, with payment deferred until November 2, 2026.

Based on projected state budget revenue growth of around 10%, the Ministry of Finance estimates the total amount eligible for extension under the proposed decree at approximately VND125 trillion ($4.8 billion).

Taxpayers would only need to submit a notice requesting the extension to tax authorities no later than the filing deadline for third-quarter tax declarations in 2026. Tax authorities would process the extension based on the submitted notification.

The draft also maintains existing provisions exempting eligible taxpayers from late-payment interest during the extension period.

The Ministry of Finance expects the decree to be considered and approved by the government in June 2026, with immediate effect upon signing.

The proposed tax and land rent payment extensions would remain in force through December 31, 2026. Once the extension period expires, payment obligations would revert to the timelines prescribed under existing regulations.

Nguyen Le