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On March 17, 2022, the General Department of Taxation has just issued Document No. 769/TCT-TTKT, requesting the Tax Departments of provinces and cities to strengthen measures to prevent loss of revenue, to ensure sufficient collection into the state budget.
Document No. 769/TCT-TTKT requires the whole industry to strengthen the inspection of tax law observance at enterprises in combination with checking the use of invoices to detect the use of illegal invoices, thereby handling violations of invoices and taxes according to regulations. Tax refund management needs to be strengthened, ensuring the tax refund to the right subjects according to regulations. Risk assessment to select, review and examine high-risk businesses, closely examine value-added tax refund expenditures, promptly detect cases of taking advantage of the policy to refund taxes to the wrong subjects, for the wrong purposes, and so on.
The Tax Department strengthens the inspection of tax law observance
The General Department of Taxation requested Tax authorities at all levels to strengthen measures to improve the efficiency of inspection work for e-commerce businesses nationwide, especially focusing on on digital-based business activities of foreign suppliers that do not have a fixed business base in Vietnam and operate through e-commerce platforms. Review data on organizations and individuals with income received from social networking sites to have notices of tax declaration and payment requirements.
In addition, to urge the collection and payment of full and timely payment of the increased amount through inspection and tax arrears. The inspection teams monitor and speed up the prompt recovery of tax and fine amounts through inspection into the state budget; drastically implement measures to urge and coerce to collect tax debt into the state budget; focus on exempting late payment interest according to Resolution No. 406/NQ-UBTVQH15 and Decree No. 92/2021/ND-CP; closely coordinate with the State Treasury, commercial banks, credit institutions, investment planning agencies, etc. to perform the task of urging the collection of tax debts owed to the state budget.
The General Department of Taxation requires tax authorities to actively plan and coordinate with agencies and departments in the area. In particular, the tax authorities need to advise the Party committees and local authorities to direct the police and departments to implement coordination regulations to fight against tax evasion, tax fraud and tax crimes.
In addition, in order to capture information, timely detect businesses with high risk of price transfer and profit transfer, closely coordinate with agencies, departments and sectors, avoid tax to focus on inspection and strictly handle cases of tax violations in the field of transfer prices, etc.
(According to the website of the General Department of Taxation)
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