Increasing electronic tax declaration and reducing tax finalization at Tax agencies
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The General Department of Taxation directed the localities to implement tax finalization and guide and support people and businesses to fulfill their obligations for the State budget. Photo TL. |
Expanding the scope of authorization for submitting Personal income tax finalization
According to Mr. Cao Anh Tuan, the Deputy Director General of the General Department of Taxation, in recent years the tax finalization has become familiar, especially in the last 2 years. If in previous years, at the end of March the people and businesses often went to the Tax authority’s headquarters in large numbers to implement tax finalization causing difficulties for tax finalization, but in the last 2 years, this is no longer the case, because the guidance of the General Department of Taxation and the Tax Departments has been regularly implemented to support and facilitate for tax payers to implement the tax finalization easily.
According to the representatives of the General Department of Taxation, the subjects of Personal Income Tax finalization are residents who pay additional tax for their incomes from salary, wages, or residents who overpay tax and want tax refund or tax offset for the following period. For the case of overpaid tax and request for tax refund, individuals can submit dossiers at any time in the year (even after March 31, 2017) without penalties. For individuals and enterprises who must pay additional tax, if they delay to submit the dossier of tax finalization after March 31, 2017, they may be sanctioned on administrative violations with different levels, the highest level is 5 million vnd. Specifically, if individuals or businesses are obliged to implement tax finalization, but delay to submit the dossiers from 1 to 5 days ( with extenuating circumstances), they will be warned. If they delay from 1 to 10 days, they will be fined from 400,000 vnd to 1 million vnd. The fine will be increased steadily according to the number of delayed payment days, over from 10 to 20 days, the fine is from 800,000 vnd to 2 million vnd. The highest level from over 40 to 90 days or more than 90 days without incurred amount of tax payable, the fine is from 2 million vnd to 5 million vnd.
A new point of the 2017 tax finalization is that the Tax authorities expand the scope of authorization for submission of Personal Income Tax finalization. Accordingly, individuals will authorize Tax finalization for payment units, and the Tax authorities have private plans to support and receive for enterprises with a large number of Personal Income Tax finalization dossiers. For individuals who have income from 2 places, they must implement Tax finalization by themselves, but in this year they can authorize their work places to implement tax finalization. This will help reduce the number of taxpayers directly submitting Tax dossiers at Tax offices.
Increasing electronic tax declaration and reducing tax finalization at Tax offices
Mr. Cao Anh Tuan said, currently the General Department of Taxation also upgraded the applications of supporting and handling tax finalization declarations to meet the new forms in Circular No. 92/2015/TT-BTC. According to figures approved by the Tax authority on the website: www.ttcnonline.com.vn, the number of individuals who directly implemented tax finalization in 2015 was 88,799 individuals; the total of individuals authorized organizations and individuals to implement tax finalization is more than 9 million individuals. Thus, the ratio of the number of individuals directly implementing tax finalization accounted for only 0.96%.
"Currently, over 99% of taxpayers implement e-declarations, and 95% of taxpayers implement e-tax payment, so tax finalization is very favorable . The e-declaration reduced the situation of tax payers to directly implement Tax finalization at Tax offices"- Mr. Tuan said.
Mr. Nguyen Duy Minh, the Deputy Director of PIT Management Department advised, taxpayers should implement the tax finalization early for faster tax refund if they overpay tax.
For how to not omit tax collection with singers and actors with high income and operating in many places, Mr. Tuan said, based on the tax code, the Tax authority will invite singers to verify income. If it is true that the singer has income in a company and the other events which have sufficient invoices and document, they will have to declare taxes.
![]() | Notices to implement 2016 CIT finalization VCN - To continue to support taxpayers to implement 2016 Corporate Income Tax (CIT) finalization as prescribed, ... |
In the previous time, the General Department of Taxation directed localties to implement tax finalization and guide and support people and businesses fulfill their obligations to the State budget. In particular, in the Hanoi Tax Department, corporations and enterprises which have a large number of people implementing tax finalization, the Tax Department will assign Tax officers to support and receive the dossier at the units.
Sharing of Tax administration for individuals who do business on Facebook, the representatives of the General Department of Taxation said, the tax collection for business operations through websites, including Facebook is entirely true and in line with the law. However, this is a new business model, so it is still a challenge for management of State agencies. The General Department of Vietnam Customs will coordinate with agencies such as the Ministry of Industry and Trade, Ministry of Information and Communications and Bank to manage. However, the management method will be based on people's interests and create the best conditions for people to implement their business and fulfill their tax obligations. |
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