From February 6, 2025, when is the tax authority allowed to disclose taxpayer registration information of taxpayers in Vietnam?
From February 6, 2025, when is the tax authority allowed to disclose taxpayer registration information of taxpayers in Vietnam?
Based on Clause 1, Article 35 of Circular 86/2024/TT-BTC (effective from February 6, 2025), the tax authority shall disclose taxpayer registration information on the website of the General Department of Taxation in the following cases:
- The taxpayer ceases operations, and has completed procedures to terminate the validity of the tax code (status 01).
- The taxpayer ceases operations, and has not completed procedures to terminate the validity of the tax code (status 03).
- The taxpayer temporarily suspends operations or business activities (status 05).
- The taxpayer does not operate at the registered address (status 06).
- The taxpayer restores the tax code as per Notification Form No. 19/TB-DKT issued in conjunction with Circular 86/2024/TT-BTC.
- The taxpayer violates the law concerning taxpayer registration.
From February 6, 2025, what is the latest deadline for the public disclosure of taxpayer registration information in Vietnam?
Based on Clause 2, Article 35 of Circular 86/2024/TT-BTC (effective from February 6, 2025), the regulations are as follows:
Disclosure of taxpayer registration information
...
- Content, form, and timeline for disclosure:
a) Disclosure content: Information recorded in the Notification about the termination of the validity of the taxpayer's tax code; Notification about the taxpayer ceasing operations and undergoing procedures to terminate the validity of the tax code; Notification about the taxpayer not operating at the registered address.
b) Form of disclosure: Published on the website of the General Department of Taxation.
c) Timeline for disclosure: No later than 01 (one) business day from the date the tax authority issues the Notification or updates the tax code status according to the decision, notification from other competent state agencies.
- Authority for information disclosure:
The tax authority directly managing the taxpayer performs the disclosure of taxpayer information. In cases where published information is inaccurate, the tax authority shall correct the information and must disclose the corrected content in the same form of disclosure.
Thus, the latest timeline for the public disclosure of taxpayer registration information is within 01 (one) business day from the date the tax authority issues the Notification or updates the tax code status according to the decision, notification from other competent state agencies.
What is the latest deadline for the public disclosure of taxpayer registration information in Vietnam? (Image from the Internet)
What are the responsibilities for relevant organizations and individuals in providing taxpayer information to the tax authority in Vietnam?
According to Article 98 of the Law on Tax Administration 2019, the responsibilities of organizations and individuals in providing taxpayer information to the tax authority are as follows:
(1) The following agencies are responsible for providing taxpayer information to the tax management authority:
- Agencies issuing investment registration certificates, enterprise registration certificates, establishment, and operation licenses are responsible for providing information on the contents of the investment registration certificate, enterprise registration certificate, cooperative registration certificate, business registration certificate, practice license, establishment and operation license, certificate of change in business registration content of organizations and individuals to the tax management authority within 07 business days from the issuance date and providing other information as requested by the tax management authority;
- The State Treasury provides information on the tax amounts paid and refunded by the taxpayer.
(2) The following agencies, organizations, and individuals have the responsibility to provide information upon the tax management authority's request:
- Commercial banks provide transaction details through accounts, account balances of taxpayers within 10 working days from receiving the request of the tax management authority;
- State management agencies on housing, land provide information on the land use status, house ownership of organizations, households, business households, individuals, and individual businesses;
- The police agency provides and exchanges information related to fighting and preventing tax crimes; provides information on entry and exit and information on the registration and management of means of transport;
- Organizations and individuals paying income are responsible for providing information on income payments and withholding tax amounts of taxpayers upon the tax management authority's request;
- State management agencies on commerce are responsible for providing information on the management policies for export, import, and transit goods of Vietnam and foreign countries; information on market management.
(3) Relevant Ministries and sectors have the responsibility to provide taxpayer information to the tax management authority through online network connections, daily electronic data exchange via the taxpayer information system, or through the national single-window portal.
(4) Other agencies, organizations, individuals related to taxpayers have the responsibility to provide information in writing or electronic data of taxpayers upon the tax management authority's request.
