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Official Gazette

Saturday, January 23, 2021
Tags: tax declaration
New regulations on tax administration New regulations on tax administration
The guiding text of the 2019 Law on Tax Administration has recently been issued by the Government with a series of new provisions designed to create convenience for taxpayers and reduce tax-related compliance costs while increasing the effectiveness of tax administration activities.
Over 90 taxation procedures made available on national public service portal Over 90 taxation procedures made available on national public service portal
The General Department of Taxation said on May 7 that it has completed the work to offer 93 taxation procedures on the national public service portal.
Traffic fines to be collected online from March 13 Traffic fines to be collected online from March 13
People in five cities and provinces will be able to pay traffic fines online from March 13, Minister-Chairman of the Government Office Mai Tien Dung has announced.
Top ten legal documents in 2019 Top ten legal documents in 2019
Selected by Vietnam Law and Legal Forum magazine, these include the Labor Code, the Law on Exit and Entry of Vietnamese Citizens, Prime Minister Decision 1068/QD-TTg,Law on Tax Administration, and a Prime Minister Decision adopting the national strategy for intellectual property rights, among others.
Corporate liability for offenses against the economic management order in Vietnam Corporate liability for offenses against the economic management order in Vietnam
The 2015 Penal Code (revised in 2017) (the Code) is Vietnam’s first and only code that holds commercial legal persons criminally liable for committing criminal acts. This is a breakthrough in the country’s criminal justice policy and leads to a substantial change in the general perception about crime and punishment. It also applies various penalties to commercial legal persons found liable for crimes[1], including three principal penalties (fine, suspension from operation, and termination of operation), three additional penalties (prohibition from doing business or operating in certain areas, prohibition from raising capital, and fine, when not imposed as a principal penalty), and five judicial measures (confiscation of objects and money directly related to the crime; return of property, redress of or compensation for damage; coerced public apology; coerced restoration to the original state; and coerced application of measures to redress and prevent further consequences).
Government makes strides in reducing business conditions Government makes strides in reducing business conditions
The first half of 2018 saw great efforts of the Vietnamese Government in realizing its commitments to building market economy institutions in the country, especially removing legal hurdles for businesses. There have emerged some positive, significant “institutional reform” trends which are highlighted below.
Taxing online business a challenge Taxing online business a challenge
Tax authorities are finding it tough taxing e-commerce as it is not that easy controlling online business revenues given cash payments so common in Vietnam, lawyers Chau Huy Quang and Cao Dang Huy recently wrote on the Saigon Times weekly.
Businesses rate good and bad regulations Businesses rate good and bad regulations
A list of 114 good regulations and 123 bad regulations was selected among 9,297 nominations sent in by people and organizations from many state agencies, associations and the business community in response to the rating of regulations concerning business activities first ever launched in Vietnam.
Users of unlawful invoices to be fined up to VND 50 million Users of unlawful invoices to be fined up to VND 50 million
Violators of the regulations on invoice would face hefty fines, according to a draft circular prepared by the Ministry of Finance to guide the implementation of Government Decree 49 of 2016 and revise the Ministry of Finance’s Circular 10 of 2014, on sanctioning of invoice-related violations.
Gains from Big C Vietnam transfer to Central Retail Corporation subject to corporate income tax: General Department of Taxation Gains from Big C Vietnam transfer to Central Retail Corporation subject to corporate income tax: General Department of Taxation
French Casino Group and Thai Central Retail Corporation are believed to have wrongly interpreted the Vietnamese domestic law on corporate income tax regarding the taxation of capital gains from the transfer of Big C Vietnam supermarket chain.

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