Customs handles tax debt: flexibly and rigorously- Part 1: Diversity of tax debts

Customs handles tax debt: flexibly and rigorously- Part 1: Diversity of tax debts

VCN - According to Article 55 of the Law on Tax Administration 2019 stipulating the tax payment deadline, enterprises are allowed to apply for a 90-day grace period when importing and exporting taxable goods.
Issuers seek solutions to delay bond debt payment

Issuers seek solutions to delay bond debt payment

The volume of mature bonds of businesses will peak in 2023 - 2024 and bond issuers are taking different actions to proactively remove difficulties.
Which group of objects can use e-invoices generated from cash registers?

Which group of objects can use e-invoices generated from cash registers?

VCN - To help taxpayers better understand electronic invoices (E-Invoices) created from cash registers connected to tax authorities so that they are no longer afraid to use them, Ms. Nguyen Thi Lan Anh, Director of The Tax Administration Department of Sma
Speeding up the pilot process of paying taxes through payment intermediaries

Speeding up the pilot process of paying taxes through payment intermediaries

VCN - To facilitate taxpayers and businesses to pay taxes, fees and charges for import and export goods online anytime, anywhere on any application, the General Department of Customs has just approved the Project "Pilot electronic Tax payment on import an
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.
Cashless payment promoted in rural, remote areas

Cashless payment promoted in rural, remote areas

Thanks to efforts of the Government and the State Bank of Vietnam (SBV), cashless payment services have been promoted in rural and remote areas.
General Department of Taxation requests Netflix fulfill tax declaration and payment

General Department of Taxation requests Netflix fulfill tax declaration and payment

VCN - According to the General Department of Taxation, between January and August, the Tax sector conducted 37,620 thousand inspections, and collected tax arrears of about VND7.72 trillion into the State budget, reducing tax deductions of VND 1.1 trillion
Low payment limit: is "the land" no longer fertile?

Low payment limit: is "the land" no longer fertile?

VCN - According to some mobile money payment service providers, the potential of this field is not absent, but this is "barren and rocky " because the "fertile land" has been plowed by banks.
MoF proposes Government to extend payment deadlines of taxes and land and water surface rents in 2022

MoF proposes Government to extend payment deadlines of taxes and land and water surface rents in 2022

VCN - The Ministry of Finance (MoF) has officially submitted Report 98/TTr-BTC to the Government on the draft Decree on extending the deadline for payment of value-added tax (VAT), corporate income tax (CIT) and personal income tax (PIT) and land and water surface rents in 2022.
Tax declaration and payment for processed products imported into the domestic market

Tax declaration and payment for processed products imported into the domestic market

VCN - The value of supplies and raw materials that domestic enterprises send for processing at the export processing enterprise will not be included in the taxable value.
Unifying regulations on one-way international money transfer

Unifying regulations on one-way international money transfer

VCN - Payment and money transfer activities of banks have helped organizations and individuals send money abroad for lawful purposes. But in fact, these activities are stipulated in many different documents.
Covid-19 pandemic changes people

Covid-19 pandemic changes people's payment habits

Vietnam National Payment Joint Stock Company (NAPAS) said that in the first quarter of 2022, payment activities through the NAPAS network increased sharply, while cash withdrawals via ATMs tended to decrease in both quantity and transaction value.
Regulation on management and payment for projects using public investment capital via State Treasury

Regulation on management and payment for projects using public investment capital via State Treasury

VCN - The State Treasury has just issued a regulation on management and payment for projects using public investment capital via the State Treasury system.
Notes on license fees in 2022

Notes on license fees in 2022

VCN - The regulations on declaration and payment of license fees are stated in Decree 139/2016/ND-CP, Decree 22/2020/ND-CP, Decree 126/2020/ND-CP, Circular 302/2016/TT-BTC and Circular 80/2021/TT-BTC.
1,000 enterprises combine to make largest CIT payment in 2020

1,000 enterprises combine to make largest CIT payment in 2020

VCN – The General Department of Taxation has disclosed the 2020 rankings of V1000 enterprises that made largest corporate income tax (CIT) payments.
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