General Department of Taxation launches e-commerce information portal

General Department of Taxation launches e-commerce information portal

The General Department of Taxation (GDT) on December 15 officially operated its e-commerce information portal and launched electronic invoices from cash register.
Ministry of Finance, Ministry of Public Security strengthen coordination in taxation, customs and securities

Ministry of Finance, Ministry of Public Security strengthen coordination in taxation, customs and securities

VCN - On the afternoon of August 17, the Ministry of Finance and the Ministry of Public Security held a conference on coordination in the fields of taxation, customs, and financial security. General To Lam, Politburo’s member, Secretary of the Public Secu
Training on software to manage electronic stamps for imported alcohol and tobacco products

Training on software to manage electronic stamps for imported alcohol and tobacco products

VCN – To implement Circular 23/2021, dated March 30th 2021 of the Ministry of Finance, and guide the printing, issuance and use of electronic stamps for alcohol and tobacco products, the General Department of Customs organized an online training session o
Continue to strengthen and promote the cooperation relationship between the Ministry of Finance of Vietnam - Laos for sustainable development

Continue to strengthen and promote the cooperation relationship between the Ministry of Finance of Vietnam - Laos for sustainable development

The Ministries of Finance of the two countries held an awarding ceremony for the collectives and individuals of the two Ministries
PIT revenue reaches 74.5% of estimate

PIT revenue reaches 74.5% of estimate

VCN - In the first six months of the year, the tax sector collected more than VND88 trillion of personal income tax (PIT).
Promoting bilateral cooperation in finance between Germany and Vietnam

Promoting bilateral cooperation in finance between Germany and Vietnam

Minister of Finance Ho Duc Phoc had a working session with the Secretary of state of the Ministry of Finance, Minister of Economic Cooperation and Development and Deputy Minister of Economic Affairs and Climate Action of the Federal Republic of Germany.
Preparing to apply e-invoices for 2nd phase nationwide

Preparing to apply e-invoices for 2nd phase nationwide

VCN - The Tax sector is focusing its resources on applying e-invoices for the second phase nationwide from March 2022 according to the schedule, goals and requirements set forth.
Developing a new tax refund process

Developing a new tax refund process

VCN – The General Department of Taxation held a virtual conference to collect opinions on a draft of a new tax refund process to replace the process issued under Decision 905 of the Director General of the General Department of Taxation.
Electronic invoice deployment centres put into operation

Electronic invoice deployment centres put into operation

The General Department of Taxation has opened a series of electronic invoice deployment centres, located at its headquarters and the taxation departments in six localities.
Ho Chi Minh City Taxi Association: Grab has got benefits for itself

Ho Chi Minh City Taxi Association: Grab has got benefits for itself

VCN- Therefore, Ho Chi Minh City Taxi Association completely agrees and supports the VAT regulations in Decree No.126/2020/ND-CP detailing a number of articles of the Law on Tax Administration.
PIT collection "slowing down"

PIT collection "slowing down"

VCN - According to the latest data from the General Department of Taxation, as of November 13, 2020, the total revenue from personal income tax (PIT) reached more than VND100,413 billion (equal to 78.06% of the estimate).
Taxation body missing out on taxes from sharing-economy businesses

Taxation body missing out on taxes from sharing-economy businesses

Businesses following the sharing economy model are facing problems in tax declaration. Because of the lack of regulations, the taxation body may be taxing inaccurately or missing taxpayers.
Taxation sector’s budget revenue reaches more than VND752.6 trillion

Taxation sector’s budget revenue reaches more than VND752.6 trillion

VCN - Difficulties caused by the Covid-19 pandemic have affected the taxation sector's revenue collection, meaning the domestic revenue in the first eight months of the year reached only 60% of the estimate.
Taxation sector fulfils 60 percent of tax collection estimate

Taxation sector fulfils 60 percent of tax collection estimate

The taxation sector has collected over 752.6 trillion VND (32.45 billion USD) for the State budget, equivalent to 60 percent of the yearly estimate and 91.9 percent of the figure of the same period last year, the General Department of Taxation reported.
General Department of Taxation reduces 50% registration fees for domestically manufactured cars

General Department of Taxation reduces 50% registration fees for domestically manufactured cars

VCN - The General Department of Taxation has recently sent a dispatch to tax departments nationwide on the application of the new registration fee rates for domestically manufactured and assembled cars till the end of December 31, 2020.
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