Vietnam: What does a tax declaration dossier of taxes declared and paid separately include?

Vietnam: What does a tax declaration dossier of taxes declared and paid separately include?

Pursuant to Article 43 Law on Tax Administration 2019 the regulations are as follows:

Tax declaration dossier

1. The tax declaration dossier of taxes declared and paid monthly is the monthly tax declaration.

2. The tax declaration dossier of taxes declared and paid quarterly is the quarterly tax declaration.

3. The tax declaration dossier of taxes calculated annually includes:

a) The annual tax declaration dossier includes the annual tax declaration and other relevant documents determining the payable tax amount;

b) The annual tax finalization dossier includes the annual tax finalization declaration, annual financial statements, affiliate transaction declaration; other documents relevant to the tax finalization.

4. The tax declaration dossier of taxes declared and paid separately includes:

a) The tax declaration;

b) Invoice, contract, and other documents related to the tax obligation as per the law.

5. For export and import goods, the customs dossier prescribed by the Law on Customs shall be used as the tax declaration dossier.

6. The tax declaration dossier for cases of termination of operation, termination of contracts, conversion of enterprise type, or reorganization of enterprises includes:

a) The tax finalization declaration;

b) Financial statements up to the date of operation termination, contract termination, or enterprise type conversion, or enterprise reorganization;

c) Other documents relevant to the tax finalization.

7. The international profit report in case the taxpayer is the ultimate parent company of a multinational group in Vietnam with cross-border affiliate transactions and has global consolidated revenue exceeding the prescribed threshold, or the taxpayer's ultimate parent company abroad is required to prepare an international profit report according to the law of the home country.

8. the Government of Vietnam shall provide detailed regulations on the tax declaration dossier prescribed in this Article; specify taxes declared monthly, quarterly, annually, separately, tax finalization; specify fees and charges from Vietnamese diplomatic offices abroad; specify reporting, providing, exchanging, and using information regarding the international profit report; specify criteria for determining taxpayers to declare taxes quarterly.

Thus, the tax declaration dossier of taxes declared and paid separately includes:

- The tax declaration;

- Invoice, contract, and other documents related to the tax obligation as per the law.

Vietnam: What does a tax declaration dossier of taxes declared and paid separately include? (Image from Internet)

What is the deadline for submitting tax declaration dossier of taxes declared and paid separately in Vietnam?

Pursuant to Article 44 Law on Tax Administration 2019 the regulations are as follows:

Deadline for submitting tax declaration dossier

1. The deadline for submitting the tax declaration dossier of taxes declared monthly and quarterly is as follows:

a) No later than the 20th day of the following month for cases of monthly declaration and payment;

b) No later than the last day of the first month of the following quarter for cases of quarterly declaration and payment.

2. The deadline for submitting the tax declaration dossier of taxes calculated annually is as follows:

a) No later than the last day of the third month from the end of the calendar year or fiscal year for annual tax finalization dossiers; no later than the last day of the first month of the calendar year or fiscal year for annual tax declaration dossiers;

b) No later than the last day of the fourth month from the end of the calendar year for individual tax finalization declarations;

c) No later than December 15 of the preceding year for provisional tax declarations of businessman households and individuals paying presumptive tax; for new business households and individuals, the deadline is no later than 10 days from the business start date.

3. The deadline for submitting the tax declaration dossier of taxes declared and paid separately is no later than the 10th day from the arising date of the tax obligation.

4. The deadline for submitting the tax declaration dossier for cases of operation termination, contract termination, or enterprise reorganization is no later than the 45th day from the occurrence of the event.

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the deadline for submitting the tax declaration dossier of taxes declared and paid separately is no later than the 10th day from the arising date of the tax obligation.

How long may the deadline for tax declaration submission be extended in Vietnam?

Pursuant to Article 46 Law on Tax Administration 2019 the regulations on the extension for tax declaration submission are as follows:

Extension of Tax Declaration Submission

1. Taxpayers unable to submit the tax declaration dossier on time due to natural disasters, epidemics, fires, or unexpected accidents shall be granted an extension by the head of the directly managing tax authority.

2. The extension shall not exceed 30 days for monthly, quarterly, annual tax declarations, and declarations separately; and 60 days for annual tax finalization declarations from the original due date.

3. Taxpayers shall submit a written request for extension to the tax authority before the tax declaration due date, clearly stating the reason for the extension request with confirmation from the commune-level People's Committee or commune police where the extension case occurs as stipulated in Clause 1 of this Article.

4. Within 3 working days from receiving the extension request, the tax authority must respond in writing to the taxpayer on acceptance or denial of the extension.

Thus, taxpayers are granted an extension for tax declaration submission in case they are unable to submit the tax declaration on time due to natural disasters, epidemics, fires, or unexpected accidents, shall be granted an extension by the head of the directly managing tax authority.

Note: The extension period shall not exceed 30 days for monthly, quarterly, annual tax declarations, and declarations separately; and 60 days for annual tax finalization declarations from the original due date.