Please let us about some noteworthy points of the Law on tax administration?
The National Assembly XI, Session X passed Law No.78/2006/QH1on tax administration dated 29 November 2006. Followings are some noteworthy points of the Law:
Scope of governing: The Law stipulates the administration on all sorts of taxes, receipts to state budget that are collected by tax authorities in accordance with the relevant laws.
Subjects of application: The Law shall be applicable to (i) tax payers including organizations, households and individuals, (ii) tax administration bodies including tax offices and customs offices and (iii) civil servants for tax administration including tax civil servants, customs civil servants.
The Law unitedly provides for contents relating to management activities of various taxes such as corporate income tax, value added tax, personal income tax…) including tax registration, tax declaration, tax reimbursement, tax inspection, tax-related complaints and denunciations.
Especially, the Law allows setting up the business providing services of tax procedures and stipulates that this domain is conditional. This Law shall take effect as from 1st July 2007.
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