On 13 September 2024, the General Department of Taxation issued Official Letter No. 4062/TCT-CS guiding solutions to support organizations, individuals and businesses suffering losses due to Typhoon No. 3 and post-storm floods and the Propaganda Department of Binh Dinh Tax Department summarized as follows:

Regarding tax payment extension

• Article 62 of the Law on Tax Administration 38/2019 stipulates that the tax payment deadline is extended when a natural disaster occurs, the period not exceeding 02 years from the date of expiration of the tax payment deadline.
• Dossier procedures comply with Article 24 of Circular 80/2021.

Regarding late payment interest exemption

• In Clause 8, Article 59 of the Law on Tax Administration 38/2019 stipulates the exemption of late payment interest when suffering from natural disasters.
• Dossier procedures shall comply with Article 23 of Circular 80/2021.

Exemption from sanctioning of tax-related administrative violations.

• Article 140 of the Law on Tax Administration 38/2019 stipulates the exemption from sanctioning administrative violations on tax when damaged due to natural disasters, up to a maximum of not exceeding the value of damaged assets and goods.
• Procedures for dossiers shall comply with Clause 6, Article 1, Decree 102/2021.

Regarding VAT deduction

• In Clause 1, Article 14, Circular 219/2013 stipulates that the input VAT of HHDV used for production and business subject to VAT is fully deducted, including the input VAT that is not compensated for the loss of VAT-liable goods due to natural disasters.

Regarding corporate income tax

In Article 4, Circular 96/2015 stipulates that enterprises are included in the deductible fees:

• The value of losses due to natural disasters is not compensated. – Grants for disaster recovery.
• The amount only supports the families of employees affected by natural disasters.
• Dossier procedures shall comply with Article 4, Circular 96/2015.

Regarding excise tax

• Article 9 of the Law on SCT No. 27/2008 stipulates that SCT can be reduced not more than 30% of the payable tax amount of the year in which damage due to natural disasters occurs and does not exceed the value of damaged property after compensation (if any).
• Dossiers specified in Article 55 of Circular 80/2021.

Regarding natural resource tax

• In Clause 1, Article 9, Law on Natural Resources Tax 45/2009 stipulates tax exemption and reduction for natural resources lost due to natural disasters.
• Procedures are in accordance with Article 56, Circular 80/2021.

Regarding non-agricultural land use tax

• In Clause 9, Article 9 and Clause 4, Article 10 of the Law on Land Use Tax 48/2010, it is stipulated that if the value of damage to land and houses is more than 50% of the taxable price; 50% reduction of the payable tax amount if the damage to land and houses is between 20% and 50% of the taxable price.
• Regarding the procedures for implementation according to Article 57 of Circular 80/2021.