New Regulations on E-tax Transactions

A lot of changes in electronic tax transactions will take effect from June 1, 2013 in order to facilitate taxpayers to declare and pay taxes electronically. Major changes will be made to electronic transaction conditions, time for electronic tax document submission and verification.

 

Up to now, electronic tax transactions have been applied in 50 provinces and cities with nearly 203,000 businesses registering to use the system. In 2013, the tax sector expects to see 80 percent of enterprises declaring taxes via internet.