MoF proposes cutting land and water surface rentals
Trâm Anh
In order to support businesses and individuals, the Ministry of Finance (MoF) has proposed reducing land and water surface rentals by 30 per cent this year, costing VND3.5 trillion ($152.7 million). It is also drafting a Decree on extending the deadline for paying value added taxes, corporate income taxes, and personal income taxes. The total amount of taxes and land and water surface rentals to be extended or reduced will be around VND137 trillion ($5.9 billion).