Prime Minister Nguyen Xuan Phuc on Wednesday praised the tax sector for reshuffling working apparatus, and urged it to continue with reforms to better serve taxpayers.
The General Department of Taxation (GDT) on Wednesday announced the list of 1,000 biggest taxpayers (V1000) in Viet Nam in 2018 which contributed 60.3 per cent of total corporate income tax.
A draft regulation that would require banks to provide details of customers’ accounts to tax authorities which has caused controversy has been removed from the latest version of the draft Law on Tax Management.
Like the leading companies in telecom, banking, real estate, and automobiles, Saigon Co.op, the country’s leading retailer, also made it to the list of the country’s largest taxpayers last year.
Taxpayers will have the right to know the time limit for tax refunds and non-refundable tax amount with legal grounds, according to a draft revision for the Law on Tax Management.
The General Department of Taxation on Monday began the provision of electronic tax services to all enterprises in the northern provinces of Bac Ninh and Phu Tho.
The development of a taxpayers'' database is necessary to improve the
management of tax agencies and prevent tax evasions, such as transfer
pricing, according to Deputy Minister of Finance Do Hoang Anh Tuan.
The telecommunications and information technology sectors have been the
leading corporate taxpayers on a list of 1,000 leading corporations,
accounting for 18 per cent of total tax payments this year.