CIT PAYMENT DOCUMENTS
- CIT finalization declaration form No. 03/TNDN (issued together with Circular 151/2014/TT-BTC).
- Annual financial statements or financial statements up to the time of decision on enterprise’s division, consolidation, merger, transformation, dissolution or termination of operation.
- One or several appendices attached to the declaration (depending on the actual arising of the taxpayer): Appendix on business results made according to form No. 03-1A/TNDN (for taxpayers belonging to manufacturing, trade and service industries), form No. 03-1B/TNDN (for taxpayers belonging to banks and credit institutions), form No. 03-1C/TNDN (for taxpayers who are companies). securities investment fund management company) issued together with Circular No. 156/2013/TT-BTC.
7 PRINCIPLES OF CAUTION
1. Reviewing all documents related to the year of settlement
Usually at the end of the year, tax departments will make a list of businesses that are subject to tax inspection and finalization next year.
Priority will be given to businesses showing signs of absconding, businesses with high tax risks, followed by large and small businesses.
When the official list is available, the tax office will briefly notify you of the plan and settlement content.
So, when you receive this information, you need to review the entire finalization file according to the inspection content of the tax authorities.
There are 2 possible cases:
– Profile errors and many missing: In this case, you need more time to add and correct errors. The only way is to talk to the tax inspection team, ask them to push down the settlement schedule.
– If the file is good, you can proceed to tax finalization:
If the dossier is completed well, complete the missing documents and carefully pack them into sections and be ready to welcome the tax team.
If the tax finalization file is in accordance with the law, the inspection will be quick, compact, and will not take too much time.
2. Always have a cooperative attitude (tax finalization)
Usually before entering the tax finalization at the unit, the tax officers often send you a list of tables and ask you to do it.
You need to have a cooperative attitude and demonstrate the necessary skills in this case.
At that time, you should see which forms are easy, quick to complete, with the fewest errors, then do and send them first; Difficult and sensitive issues will be sent later.
Always receive the phone of the Tax Officer to avoid aversion, bad impression, and thereby avoid difficulties in the settlement work later.
3. Provide documents when finalizing
During the time when the tax inspection team comes down to work at the unit, let the team work in a separate room, and do not keep all accounting records in that room.
When tax officials ask for documents to check, they will usually ask for both hard copies and soft copies to be copied to USB, you should find a reason to limit sending soft files to them because tax officials are very difficult. easy to check and detect your mistakes.
4. Notes in answering tax officers
While working with the tax officer, you should be prepared in advance for the questions the tax officer may ask and seek answers.
Depending on the questions you know for sure or those that are not related to tax finalization, you can answer them immediately or if they are complicated questions you need more time to review the books and prepare answers 1 in the most discreet way.
Do not rush to answer the questions of tax officials, you need to think and give reasonable answers, whether you already know or do not know the answer.
You should avoid sitting in the room with them as much as possible. Because the more you sit there, the more opportunities they have to ask.
5. Read the minutes again before signing
After working at the enterprise for a certain time, the tax audit team will make temporary documents and notify at the office unit.
Pay attention to re-read the entire minutes to see what expenses can be waived, and gently explain to the staff why this part is omitted.
To be counted as a deductible expense, the following conditions must be met:
- Serving production and business activities;
- Having reasonable and lawful invoices and documents;
- Have a voucher for non-cash payment;
- None of the points are not deducted.
6. Flexible explanation after receiving the record
You need to arrange the questions, the content to be answered, and explain in writing. When explaining, you should note: Answer the questions correctly, with citations and accompanying documents for each expense item.
Pay attention to reasonable explanations and avoid sensitive costs. In addition, you need to pay attention and make the most of the relationships to make the explanation highly effective.
7. Pay taxes and fines upon receipt of the final fines and minutes
When you have the minutes, the final decision, you need to quickly arrange a financial plan to submit. Avoid letting the tax authority issue a notice of enforcement of tax debt. Because this may affect your penalties in the future.
