Wednesday, December 25, 2024 12:12:35 AM - Markets closed
VN-INDEX 1,260.36 -2.40/-0.19%
HNX-INDEX 228.36 -0.15/-0.07%
UPCOM-INDEX 94.02 +0.30/+0.32%
Taxation authority to hold dialogue with taxpayers in five localities
vietnamnews - 9/26/2024 1:54:00 PM
 (0 ratings. You must sign in to rate.)
The General Department of Taxation will organise a direct dialogue with taxpayers from five provinces and cities to hear feedback on the practical implementation of current tax policies.
 
 
Officers in Hoa Thanh - Duong Minh Chau in Tay Ninh province help taxpayers carry out administrative procedures. — VNA/VNS Photo
 
The General Department of Taxation (GDT) will hold a direct dialogue with taxpayers from five provinces and cities, including HCM City, Binh Duong, Dong Nai, Ba Ria-Vung Tau and Long An, on September 27.
 
It aims to address and resolve any difficulties and listen to recommendations from citizens and businesses regarding the implementation of tax laws.
 
The meeting is also an important 'channel' for the tax authority to hear feedback on the practical implementation of current tax policies so that it can suggest appropriate amendments and supplements.
 
The dialogue will focus on key issues, including invoicing and documentation, value-added tax policies (including VAT refunds), corporate income tax (including contractor tax), tax incentives and exemptions, personal income tax and land-related levies.
 
Aside from the direct dialogue, the GDT will also connect online to all 63 provincial and city tax departments across the country. 
 
This allows tax departments to promptly resolve issues and provide guidance so they can research and apply consistent practices in managing similar issues for enterprises in their areas, thereby creating the best conditions for businesses and taxpayers.
 
As one of the businesses participating in this dialogue, a representative from a company in Đồng Nai said that in recent times, tax policies have been updated in a way that facilitates businesses, including small businesses and sole proprietorships.
 
By adopting electronic tax filing and payment, businesses can save time and money. This digital approach also minimises the risk of bureaucratic delays and inefficiencies.
 
The tax authority has also recently organised specialised business conferences, focusing on current issues that businesses are interested in, which can help taxpayers and tax authorities better understand each other.
 
Information related to addressing concerns is also continually updated on the GDT's official website.
 
However, adjustments to fiscal policy, including tax regulations prompted by evolving economic conditions and the impacts of natural disasters, have posed challenges for businesses in staying up to date with the latest changes.
 
Enterprises believe that the tax sector needs mechanisms to listen to and incorporate more feedback from citizens and businesses.
 
Tax Advisory Director at Deloitte Việt Nam Nguyễn Bích Ngọc said that dialogues with businesses are an excellent opportunity for the GDT to clearly explain current tax policies, making them easier for businesses to apply.
 
It is also a chance to share draft tax laws and amendments as well as to directly listen to taxpayers' concerns regarding any unresolved issues.
 
"From our observation of these dialogue conferences over the past few years, businesses have provided very positive feedback about the outcomes of these discussions. Therefore, the GDT should maintain these activities," she said. — VNS
 
Read original article here
 
Newer News
17/12 F88 partners with MB to transform over 850 financial stores into bank transaction offices
16/12 Five banks qualify for year-end credit expansion
16/12 Lending interest rates this year reduced by 0.44 pp compared to 2023
16/12 Many banks increase deposit interest rates in the year-end period
13/12 VN to regulate digital assets with digital law
13/12 Banks face difficulties in balancing capital raising and lending
10/12 Dialogue on tax and customs policies to ease business operations
10/12 Bank capital contribution needs investigation to prevent cross-ownership
09/12 More tax law reforms needed to address e-commerce challenges
05/12 PM direction to promote credit management solutions
Older News
26/09 Ransomware attacks increasingly target Vietnam's financial sector
25/09 Many banks stop transactions of ATM magnetic cards
24/09 PM requests no interruption in petro supply
23/09 Banks register to provide VNĐ405 trillion in loans to support typhoon-affected customers
21/09 VBSP ceases interest collection until year end
20/09 Banks discuss measures to support typhoon-affected customers
19/09 Tax sector provides solutions to support victims of Typhoon Yagi
18/09 Central bank supports liquidity for banking system
17/09 State Treasury buys large amounts of US dollar from banks
16/09 Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,260.36 -2.40/-0.19%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.