Accurate assessments in need to deal with tax refund delays in the coal, wood business

Accurate assessments in need to deal with tax refund delays in the coal, wood business

Many wood industry enterprises have mourned that because of obstacles in the process of VAT refund
Many tricks are used to fraud VAT refund

Many tricks are used to fraud VAT refund

In recent times, the Tax sector has strengthened the inspection and examination of valued add tax (VAT) refunds. From that, it has detected many tricks used by the subjects to commit tax fraud.
VAT refund for foreigners at the store has not been stipulated by law

VAT refund for foreigners at the store has not been stipulated by law

VCN – At the proposal of the National Assembly Deputies of Lam Dong province on regulations on VAT refund for international tourist and overseas Vietnamese at the store to encourage spending, the Ministry of Finance said Vietnam's law does not have regula
Process of handling overpaid tax of the previous year

Process of handling overpaid tax of the previous year

Regarding the implementation of the tax refund process and handling of overpaid tax, the General Department of Vietnam Customs has just issued specific instructions
Preventing fraud of VAT refund

Preventing fraud of VAT refund

The General Department of Taxation has synchronously deployed the inspection and examination of enterprises showing signs of risk in order to handle VAT refund fraud.
Many cases of taking advantage of invoices for tax fraud

Many cases of taking advantage of invoices for tax fraud

Many violations related to the illegal purchase and sale of invoices on a large scale and over a long period of time have been investigated
Synchronize solutions for detecting and strictly handling tax fraud

Synchronize solutions for detecting and strictly handling tax fraud

Value-added tax (VAT) refund fraud not only caused difficulties for law enforcement forces in detecting and handling, but also put great pressure on state management agencies in controlling
Series of measures to prevent fraud in value-added tax refund

Series of measures to prevent fraud in value-added tax refund

In order to prevent fraud to appropriate value-added tax refunds, General Department of Vietnam Customs requested provincial customs departments to strengthen management and control.
Customs authorities only manage tax collection and refunds of overpaid tax at the import stage

Customs authorities only manage tax collection and refunds of overpaid tax at the import stage

The customs authority is responsible for managing VAT collection for import goods. The tax agency is responsible for the management of VAT collection and VAT refund for business establishments.
Deploying VAT refund for goods of foreigners carrying out when leaving country

Deploying VAT refund for goods of foreigners carrying out when leaving country

The General Department of Vietnam instructed customs units in Hanoi, HCM City, Da Nang, Khanh Hoa, Kien Giang and a number of banks to implement regulations about VAT refunds
Tax sector prevents fraud from VAT refund

Tax sector prevents fraud from VAT refund

VCN- According to the General Department of Taxation, in recent times, many enterprises have abused the State's support policy in VAT refunds to make VAT refund dossiers that are inconsistent with regulations, causing difficulties for management and causi
HCM City Tax Department: Collecting tax arrears and reducing losses of more than VND 2,000 billion via inspection and checking

HCM City Tax Department: Collecting tax arrears and reducing losses of more than VND 2,000 billion via inspection and checking

Through inspection and checking in the first two months of 2020, HCM City Tax Department collected tax arrears, refunded and reduced deduction and losses of more than VND 2,000 billion
Tightening inspection of tax collecting from social network

Tightening inspection of tax collecting from social network

For many organisations and individuals that fail to make tax declarations in accordance with regulations, HCM City Tax Department has checked and inspected to collect billions of tax.
VAT refund for foreigners on exit: how has the responsibility of management authorities changed?

VAT refund for foreigners on exit: how has the responsibility of management authorities changed?

VCN- According to Clause, Article 8 of Circular 72/2014/TT-BTC (Circular 72), the Customs authority shall receive applications and request the Ministry of Finance appoint commercial banks as tax refund agents.
Rights and obligations of commercial banks and enterprise operating goods eligibled for VAT refunds

Rights and obligations of commercial banks and enterprise operating goods eligibled for VAT refunds

Circular 92/2019/TT-BTC amending and supplementing a number of articles of Circular 72/2014/TT-BTC on refund of Value Added Tax on goods of foreigners
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