What is the payable identification (ID) number in the field of taxation in Vietnam?

What is the payable identification (ID) number in the field of taxation in Vietnam?

Pursuant to Clause 6, Article 3 of Circular 19/2021/TT-BTC, the payable identification (ID) number in the field of taxation in Vietnam is defined as follows:

Interpretation of Terms

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6. “payable identification (ID) number” refers to a series of characters that is generated on the tax administration system of the tax sector and unique to each tax dossier or payable of a taxpayer.

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Accordingly, based on the above regulation, the payable ID number is a sequence of characters generated on the tax administration application system.

This payable ID number is only issued uniquely for each tax file or each payment obligation.

What is the payable identification (ID) number in the field of taxation in Vietnam? (Image from the Internet)

What information is included in the tax's data in case there is a payment obligation with an payable ID number in Vietnam?

Pursuant to Clause 1, Article 38 of Circular 19/2021/TT-BTC:

Information Exchange and Provision between the Tax Authority and the State Treasury, other competent state agencies, banks, and intermediary payment service providers

1. The tax authority provides information to serve 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 collection and payment to the State Budget, specifically:

a.1) The common catalog serving the collection to the State Budget, including: the catalog of the State Treasury, the tax authority catalog, the catalog of authorized collection banks, the catalog of coordinated collection banks, the State Budget collection account catalog, the program code catalog, the sub-item code catalog (economic content code).

a.2) Data on taxpayers, including the taxpayer's name, tax code, address, program code, name, and code of the direct managing tax authority.

a.3) Tax’s data

- In the case of a payment obligation with an payable ID number, the data on the tax obligation includes the taxpayer's tax code, the taxpayer's name, the payable ID number, the amount of tax payable according to the payable ID number, the code and name of the State Treasury accounting for collection.

- In the case of a payment obligation without an payable ID number, the data on the tax obligation includes the following information: the taxpayer's tax code, the taxpayer's name, the content of the payment obligation, the amount payable, the currency type, the decision/notification number of the competent authority for the payment obligation (if any), the tax period, the name of the account for payment to the State Budget, the code and name of the program, the code and name of the sub-item, the code and name of the managing tax authority, the code and name of the collection location for the State Budget, the code and name of the State Treasury accounting for collection.

b) Twice a day for successful State Budget payment orders transmitted to the electronic portal of the General Department of Taxation as stipulated in Articles 20 and 21 of this Circular, the electronic portal of the General Department of Taxation provides all information on the amount paid according to the "reference number" of the State Budget payment order on the electronic portal of the General Department of Taxation for the State Treasury and the bank where the State Treasury opens the account for reference and accounting purposes. The State Treasury, based on the credit confirmation of the bank where the State Treasury opens the account and the information on the State Budget payment according to the "reference number" of the State Budget payment order on the electronic portal of the General Department of Taxation, carries out the examination and accounting for the State Budget collection.

Therefore, in the case of a payment obligation with an payable ID number, the tax's data will include:

[1] Taxpayer's tax code,

[2] Taxpayer's name,

[3] payable ID number,

[4] The amount of tax payable according to the payable ID number,

[5] Code and name of the State Treasury accounting for the collection.

What is the purpose of issuing the payable ID number in Vietnam?

Pursuant to Subsection 3, Section 1 of Official Dispatch 1483/TCT-KK in 2023, the payable ID number is issued for the following purposes:

(1) Taxpayers use the payment obligation ID code to:

- Look up the processing status of tax obligations;

- Pay money to the state budget;

- Review and adjust state budget payment information on the electronic portal of the General Department of Taxation.

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

- Query the payment obligation ID on the electronic portal of the General Department of Taxation;

- Use the payment obligation ID in payment notifications provided by taxpayers;

- Use the payment obligation ID to declare on the Payment List, Payment Voucher to assist taxpayers in making direct payment documents at the State Treasury/banks;

- Use the payment obligation ID electronically through services provided by the State Treasury/National Public Service Portal/banks.

(3) The tax authority uses the payment obligation ID to:

- Use the payment obligation ID to monitor and manage the taxpayer's tax obligations with the following contents:

+ Receive payment vouchers for the state budget with the payment obligation ID, handle the offsetting of the payable obligation with the paid amount according to the ID.

+ Process requests for review and adjust state budget payment information according to the ID.