According to the 2016 Doing Business Report of the World Bank, Vietnam’s tax payment index has increased by 5 places, from 173/189 position to 168/189 ranked countries. The reduction of tax payment hours helps reduce costs for businesses and society by more than VND 7,000 billion/year. But, more importantly, the confidence of businesses has returned, because a survey by VCCI shows that over 71% of taxpayers are satisfied with the reform results of the tax authorities over the years.
Cut many tax administrative procedures
Speaking in front of 400 businesses at a dialogue conference between the Ministry of Finance and enterprises on tax policy that took place in Ho Chi Minh City recently, Deputy General Director of the General Department of Taxation Cao Anh Tuan said that recently, reform tax administrative procedures strongly, improve the satisfaction of taxpayers. From the beginning of the year until now, the number of tax administrative procedures has been standardized and reduced from 385 to 300 (85 procedures have been reduced) and the General Department of Taxation has issued a decision to amend and supplement 51 /70 processes and regulations.
Mr. Cao Anh Tuan said that up to now, 100% of localities across the country have implemented electronic tax declaration for businesses. This year, the tax authority continues to expand the online tax filing system for individuals. The first phase applies to individuals having house-for-lease transactions. The General Department of Taxation has signed an agreement with 45 commercial banks to deploy electronic tax payment in 63 localities, thereby cutting 420 hours of tax payment (from 537 hours to 117 hours). The total number of enterprises registered to pay tax electronically through the portal of the General Department of Taxation is 542,735/561,142 operating enterprises, reaching the rate of 96.72%, an increase of 1.72% compared to 2015. Using the service with one of the banks that provided the service was 525,474 enterprises, accounting for 93.64%. The total amount of money that businesses have paid through the electronic tax payment portal of the General Department of Taxation in the 10 months of 2016 is over VND 370.69 billion. The tax sector is piloting an electronic tax refund service. Through pilot implementation, it has received a positive response from organizations and businesses. After reviewing the pilot phase of electronic tax refund, the General Department of Taxation will carry out the implementation nationwide.
Mr. Cao Anh Tuan said that the General Department of Taxation is continuing to implement Resolutions No. 19/NQ-CP of the Government on tasks and solutions to further improve the business environment and enhance international competitiveness. family; Resolution 35 of the Government on supporting small and medium enterprises. With the close attention and direction of the Ministry of Finance, the General Department of Taxation has been continuing to review and complete legal documents on tax, and provide timely guidance from tax authorities at all levels to continue continue to cut administrative procedures, reduce tax compliance hours for people and businesses.
Facilitating SMEs
According to a report from the General Department of Taxation, from October 2015 to now, the tax policy has been amended and supplemented to suit the changes of the country’s economy and the trend of world integration. contribute to removing difficulties for taxpayers. Specifically, the Ministry of Finance has submitted to the Government and the National Assembly for promulgation: Law amending and supplementing a number of articles of the Law on VAT, Law on SCT and Law on Management, effective from July 1, 2016; Decree No. 100/2016/ND-CP dated July 1, 2016 of the Government detailing and guiding the implementation of a number of articles of the Law amending and supplementing a number of articles of the Law on VAT, the Law on SCT and the Law on SCT. Law on Management, effective from 1/7/2016.
The Ministry of Finance has issued Circular No. 83/2016/TT-BTC dated June 17, 2016 guiding the implementation of investment incentives in accordance with the provisions of the Investment Law and Decree No. 118/2015/ND-CP dated 12 November 2015 guiding the Law on Investment of CP; Circular No. 95/2016/TT-BTC dated June 28, 2016 guiding tax registration, effective from August 12, 2016; Circular No. 96/2016/TT-BTC dated June 28, 2016 replacing Circular No. 55/2007/TT-BTC guiding PIT exemption for foreign experts implementing non-governmental aid programs and projects foreigners in Vietnam. A number of other legal documents on guiding dossiers and procedures for PIT exemption for Vietnamese individuals working at representative offices of international organizations under the United Nations system in Vietnam; Decree No. 100/2016/ND-CP dated July 1, 2016 of CP has also been issued to facilitate taxpayers.
In addition, the Corporate Tax Administration Department (General Department of Taxation) also said that many taxes have changed, in the direction of creating more favorable conditions for businesses. Specifically, the value-added tax from 2012 to now has been modified in the direction of transparency, clarity and support for genuine businesses. Corporate income tax has been continuously revised from 25% to 20% now. From April 16, 2016, the National Assembly passed the new Law on Import Tax and Export Tax and officially took effect on September 1, 2016. The new Law on Import and Export Tax is built on an innovative view on import and export tax management methods and policies in line with Vietnam’s economic progress and on the basis of inheriting a number of provisions of the relevant Ordinance. to create clarity and transparency for businesses.
Source: According to tapchitoaan.com
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