Prime Minister Nguyen Tan Dung has issued a decision on extending the corporate income tax payment deadline for small-and medium sized enterprises (SMEs) for another year.
Accordingly, the quarterly payment normally due at the end of this month, would be settled until April 2012, while tax payment for the whole year of 2011 until March 2013.
The decision will be applicable to SMEs operating in real estate, finance, banking, insurance and securities, as well as importers of luxury goods.
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