Simplifying Eight Tax Administrative Procedures
The Ministry of Finance (MoF) recently issued Decision No. 509/QD-BTC approving the simplification of eight tax administrative procedures performed at tax agencies administered by MoF. Specifically, MoF has decided to abolish the procedure "Notifying invoices not in use" because tax agencies are able to control those invoices.
MoF has also eradicated address criteria of organisations and individuals placing invoice-printing orders/using invoice-printing software of the procedure “Report on the reception of invoice printing orders and the provision of invoice-printing software”; contract serial number and date of contract on Form TB01/AC and TB02/AC of the procedure "Notify the issue of invoices” because the database of tax authorities already have stored full information about names, tax codes, addresses and other contents as well as information on invoice-printing contract number and date of invoice-printing contract.
Besides, MoF has repealed some procedures like “Tax exemption and reduction in accordance with the Agreement on individuals being Vietnamese residents entitled to income tax exemption or reduction as specified in the Terms of income from the service to the Government, income of students, and income of teachers, professors and researchers”; “Declare corporate income tax settlement for incomes from capital transfer of foreign transport firms”; and “Declaration forms of 01A/TNDN and 01B/TNDN appended to Circular No. 156/2013/TT-BTC”.
The amendments and supplements to legal documents for the same of simplifying administrative procedures under the authority of Finance Minister will be drafted and submitted to the Ministry by the General Department of Taxation before June 30, 2015.
L.H
Vietnamese
