Businesses applaud Government’s tax payment deadline extension

Businesses applaud Government’s tax payment deadline extension

Businesses applauded the Government’s decree on tax payment deadline extension which helps them to have capital for maintaining production and ensuring workers’ benefits.
MoF proposes extension to tax payment deadlines in 2023

MoF proposes extension to tax payment deadlines in 2023

VCN - The Ministry of Finance is gathering opinions on a draft Decree on extending the deadlines for payment of value-added tax, corporate income tax, personal income tax and land rentals in 2023.
Tax revenue estimated at more than VND165,000 billion in first month

Tax revenue estimated at more than VND165,000 billion in first month

VCN - In the first month of 2023, the tax agency estimates to collect VND165,700 billion, reaching 12.1% of assigned target and exceeding 4.4% year-on-year, reported the General Department of Taxation.
Deferred tax payments totaled VND nearly 106 trillion

Deferred tax payments totaled VND nearly 106 trillion

VCN - In 2022, the Ministry of Finance has effectively implemented the socio-economic recovery and development program with the deferral of tax payment and tax exemption and a reduction of nearly VND200 trillion.
Destroyed goods in bonded warehouses not required to declare for tax payment

Destroyed goods in bonded warehouses not required to declare for tax payment

If goods are preserved and the enterprise destroys them in bonded warehouses and complies with the condition as prescribed, enterprises shall not declare for tax payment of import duty and VAT.
Ho Chi Minh City Customs: prevent bad debts arising from PCA

Ho Chi Minh City Customs: prevent bad debts arising from PCA

VCN – Post-clearance audit of Ho Chi Minh Customs Department in 2022 achieved high results with a year-on-year double increase in tax revenue . The bright spot in the results is that enterprises are "convinced and voluntarily obedient" in paying
Guidance for owner of e-commerce in providing information to tax authority

Guidance for owner of e-commerce in providing information to tax authority

General Department of Taxation requested its tax branches to guide the e-commerce organizations to provide information complied with the regulations in Decree No.91/2022/ND-CP.
Reform tax payment method through intermediaries

Reform tax payment method through intermediaries

VCN - To reform administrative procedures and increase state budget collection and payment services, and contribute to reducing customs clearance time, Customs is actively expanding the method of revenue collection for import and export by speeding up the
Launching tax payment method via payment intermediaries

Launching tax payment method via payment intermediaries

VCN - Accordingly, the intermediary payment service provider must be certified as an intermediary payment service provider by the State bank.
Amending regulations on the time of tax declaration and payment on behalf of individuals receiving dividends and bonuses in form of securities

Amending regulations on the time of tax declaration and payment on behalf of individuals receiving dividends and bonuses in form of securities

To facilitate taxpayers, the Ministry of Finance has amended and supplemented regulations on declaring tax on behalf of individuals who receive dividends or receive bonuses in form of securities.
Ministry proposes extending excise tax payment for local auto firms

Ministry proposes extending excise tax payment for local auto firms

The Ministry of Finance (MoF) has proposed the Government continue extending the deadline for excise tax payment for domestically-manufactured and assembled cars.
More options for implementing tax obligations for e-commerce platforms

More options for implementing tax obligations for e-commerce platforms

According to a representative of the General Department of Taxation, the option of declaring and paying taxes on behalf of business individuals will be more convenient for e-commerce floor owners.
More than 139,000 businesses and individuals have tax payment deadlines extended

More than 139,000 businesses and individuals have tax payment deadlines extended

By the end of November, the Tax sector has extended deadlines of tax and land rent payments totalling more than VND92.8 trillion following Decree No. 52/2021/ND-CP of the Government.
Many enterprises strong-armed into paying tax to State budget

Many enterprises strong-armed into paying tax to State budget

After customs authorities applied coercive measures to suspend imports and exports, many enterprises who previously delayed paying domestic tax have now completed their obligations to the State Budget
Vietnam continues to promulgate solutions on tax, charge in line with the development of Covid-19 pandemic

Vietnam continues to promulgate solutions on tax, charge in line with the development of Covid-19 pandemic

Vietnamese delegations led by Director General of Taxation Cao Anh Tuan participated in the 50th Meeting of Study Group on Asian Tax Administration and Research (SGATAR).
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