Facilitating businesses and helping them overcome current difficulties are the main targets that the Ministry of Finance is focusing on. Enterprises have expressed and shared their expectations with the Ministry about how to simplify tax procedures.
Global and Vietnamese economies are facing many difficulties, so enterprises suggest that the State should apply preferential tax policies to enterprises having an annual revenue of under VND20 billion instead of applying favourable conditions only for small enterprises. This change is badly needed because the State should support enterprises with financial difficulties, not only enterprises that have just a few employees.
Furthermore, enterprises are also concerned that the defined tax obligation by tax authority to enterprises in agricultural industry needs to be clearly and transparently calculated and identified for every kind of land. Enterprises in the breeding industry are in a very difficult situation and need the State’s support to remove value added tax against input cattle feed (five percent) and tax paid when selling to processors (five percent) (Regulating to Point C, Item 2, Article 8 of the Value Added Tax Law number 13/2008/QH12; Point C, Item 2, Article 6 of Decree 123/2008/ND-CP dated 08/12/2008 of the Government; Item 3, Article 10 of Circular 06/2012/TT-BTC dated January 11 2012 of the Ministry of Finance. Tax exemption and tax reduction will be promoted instead of tax extension, because tax extension will make enterprises increase their cost to supervise extended tax, and burden their financial liability when the tax payment term comes.
Many enterprises have proposed that tax authorities classify enterprises. Those that usually comply well with tax regulations should be given more favourable conditions.
Tax authorities should also enhance propagation and update information about enterprises that buy invoices illegally so that the enterprise community can avoid using these invoices.
As for examination and supervision, enterprises require tax authorities to limit supervision in the context of current difficulties, especially in enterprises that continuously comply with tax policies and regulations, as well as to avoid overlapping supervision. Examination and supervision should be planned early at beginning of the year and tax authorities should coordinate with other relevant authorities to reduce times and unnecessary procedures for enterprises.
Regarding several solutions having been implemented by tax authorities, the Finance Ministry has requested them to continue reforming procedures of receiving documents, solving documents and refunding, to promote online tax declaration and payment, usage of services like consulting, tax declaration and payment to avoid negative activities. They need to promote training, guiding, propagating about taxes and law on taxes; implement suitable policies supporting enterprises, especially small and medium sized ones.
The amended Law on tax management that has taken effect since 1st July 2013 has reduced the time and number of administrative procedures. Advantages that enterprises enjoy from the law adjustment are acknowledged. For example, the number of times of VAT declaration has reduced from 12 to 4 times a year for small-size tax payers, which complies with the spirit of Resolution 57/2010/QH2012 of the National Assembly and Resolution 25/NQ-CP in 2010 of the Government.
Thanh Nga
Vietnamese
