Clause 7, Article 14 of the Law on Tax Administration (effective from July 1, 2026) stipulates that taxpayers are allowed to extend the payment of taxes, other revenues, late payment fees, and fines in the following cases:
(1) suffered material damage, directly affecting production and business due to encountering force majeure cases as prescribed by the Law, including: natural disasters, disasters, epidemics, fires, unexpected accidents and other force majeure cases as prescribed by the Government;
(2) Must cease operations due to relocation of production and business establishments at the request of competent state agencies, affecting production and business results;
(3) Extension of tax payment, other revenues, late payment fees, and fines in special cases as prescribed by the Government. The extension of tax payment, other revenues, late payment fees, and fines that do not lead to adjustment of state budget revenue estimates has been decided by the National Assembly.
Taxpayers who are allowed to extend the payment period according to the provisions of Clause 7, Article 14 do not have to pay late payment fees calculated on the amount of tax arrears extended during the extension period.
