Tag: taxpayers

The Ministry of Finance has submitted a draft resolution to the Government proposing special mechanisms to resolve tax compliance bottlenecks, including a 30 to 70 percent reduction in late filing penalties and the cancellation of late payment interest for inactive taxpayers through June 30, 2028.

While the private sector makes a significant and growing contribution to State budget revenue, there remain many issues in need of attention.

The General Department of Taxation has said that the tax sector has promoted the development of digital tax services for taxpayers and seen impressive results. The number of enterprises registering with tax authorities to use digital tax services this year as of September 15 was 861,710, or 99 per cent. Businesses paid taxes through more than 2.75 million digital transactions totaling over VND585.6 trillion ($24.36 billion) and nearly $49 million.

The General Department of Taxation is promoting the deployment of the eTax mobile app to help individuals easily pay their taxes online. More than 60 million individuals have been granted tax codes to date, but in the first two months of 2022, only some 15,000 conducted their tax affairs via the eTax app.