Vietnam: What is the payable identification number issued to taxpayers for?

Vietnam: What is the payable identification number issued to taxpayers for?

Pursuant to Subsection 3, Section 1 of Official Dispatch 1483/TCT-KK in 2023, the payable identification number is issued to carry out the following tasks:

(1) Taxpayers use the payable ID number to:

- Look up the status of tax obligation processing of the taxpayer;- Pay money to the state budget;- Re-examine, adjust information related to payment and collection of the state budget on the General Department of Taxation's electronic portal.

(2) State Treasury, National Public Service Portal, banks:

- Query the payable amount ID on the General Department of Taxation's electronic portal;- Use the payable amount ID in payment notifications provided by the taxpayer;- Use the payable amount ID to declare on Payment Sheets, Payment Receipts for supporting taxpayers to create payment documents directly at the State Treasury/banks;- Use the payable amount ID electronically through services provided by the State Treasury/National Public Service Portal/banks.

(3) Tax authorities use the payable ID number to:

- Use the payable amount ID to monitor and manage taxpayers' tax obligations with the following contents:

+ Receive payment documents to the state budget with the payable amount ID and process offsetting the payable amount with the paid amount according to the ID.+ Process dossiers requesting re-examination and adjustment of information related to payment and collection of the state budget according to the ID.

Vietnam: What is the payable identification number issued to taxpayers for? (Image from the Internet)

What data about the tax payable when there is an payable identification number in Vietnam?

Pursuant to Section 1, Article 38 of Circular 19/2021/TT-BTC, the provisions are as follows:

Information exchanged and provided between tax authorities and the State Treasury, other competent state agencies, banks, and intermediary payment service providers

1. The tax authority provides information for serving the collection and payment to the state budget via the electronic portal of the General Department of Taxation.

a) The tax authority is responsible for regularly, fully, and promptly updating information on the electronic portal of the General Department of Taxation to support the exchange of information on the collection and payment to the state budget, specifically:

a.1) A shared directory for serving state budget collection, including: State Treasury directory, tax authority directory, designated collecting bank directory, coordinated collecting bank directory, state budget collection account directory, program code directory, economic content code directory.

a.2) Data about taxpayers including: Taxpayer name, tax code, address, program code, name and code of the directly managing tax authority.

a.3) Data about the tax payable

- In case the payable amount has an identification code (ID), the tax data includes: Taxpayer's tax code, taxpayer's name, payable identification number (ID), the tax amount to be paid according to the ID, and the code and name of the State Treasury handling the collection.

- In case the payable amount does not have an identification code (ID), the tax data includes the following information: Taxpayer's tax code, taxpayer's name, content of the payable amount, amount to be paid, type of currency, decision/notification number of the competent authority regarding the payable amount (if any), tax period, state budget collection account name, program code and name, sub-item code and name, code and name of the managing tax authority, code and name of the revenue locality, and code and name of the State Treasury handling the collection.

b) Twice a day, for successful state budget payment documents transmitted to the General Department of Taxation's electronic portal as regulated in Articles 20 and 21 of this Circular, the General Department of Taxation's electronic portal provides all payment information according to the "reference number" of the state budget payment document on the General Department of Taxation's electronic portal for the State Treasury and the bank where the State Treasury opens an account to have the basis for inquiry and tracking. The State Treasury bases on the credit memo of the bank where the State Treasury opens an account and on the state budget payment information according to the "reference number" of the state budget payment document on the General Department of Taxation's electronic portal to conduct inquiries and handle state budget collection and accounting.

Thus, in the case where the payable amount has an identification code (ID), the tax data will include:

- Taxpayer's tax code,- Taxpayer's name,- payable identification number (ID),- The tax amount to be paid according to the identification code (ID),- Code and name of the State Treasury handling the collection.

How is the payable ID number notified to the taxpayer in Vietnam?

Pursuant to Subsection 1, Section 1 of Official Dispatch 1483/TCT-KK in 2023, the notification of the payable ID number to the taxpayer is regulated as follows:

(1) For newly arising obligations, the payable amount ID is provided by the tax authority to the taxpayer in:

- Acceptance notice of electronic tax filing dossier (Form 01-2/TB-TDT) issued by the Ministry of Finance through the General Department of Taxation's electronic portal.- Payment notifications issued by the tax authority in paper or electronic form.

(2) For the payable amounts according to administrative decisions on tax management or administrative violation sanctions on taxes, invoices, fees, charges, or other payables of the taxpayer recorded in the system application but not yet provided as per the aforementioned guidance, the payable amount ID is provided to the taxpayer for reference on the General Department of Taxation's electronic portal.