What is the schedule for tax report submission in January 2025 for enterprises in Vietnam?

What is the schedule for tax report submission in January 2025 for enterprises in Vietnam?

Below is a compiled schedule for the submission of tax returns and reports that enterprises need to submit in January 2025 as follows:

What is the schedule for tax report submission in January 2025 for enterprises in Vietnam? (Image from Internet)

May enterprises amend tax declarations in Vietnam?

According to Clause 1 and Clause 2 Article 47 of the Law on Tax Administration 2019, the provisions for amending tax declarations are as follows:

Amending Tax declarations

1. Taxpayers discovering errors in their tax returns already submitted to the tax authority can amend the returns within 10 years from the tax return submission deadline for the tax period in which the errors occurred but before the tax authority or competent agency publicly announces a decision to inspect or audit.

2. When the tax authority or competent agency has announced an inspection or audit decision at the taxpayer's headquarters, the taxpayer is still allowed to amend the tax declarations; however, the tax authority will impose administrative penalties for tax management violations as prescribed in Articles 142 and 143 of this Law.

3. After the tax authority or competent agency has issued a conclusion or decision on tax handling after the inspection or audit at the taxpayer's headquarters, the amendment of tax declarations is regulated as follows:

a) Taxpayers are allowed to amend the tax declarations in cases where it increases the amount of tax to be paid, decreases the amount of tax deductible, or decreases the tax exempted, reduced, or reimbursed and will be penalized for tax management violations as prescribed in Articles 142 and 143 of this Law;

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Therefore, enterprises are allowed to amend tax declarations already submitted to the tax authorities if errors are detected within 10 years from the tax return submission deadline of the period in which the errors occurred, but before the tax authority or competent agency publicly announces an inspection or audit decision.

Moreover, when the tax authority or competent agency has announced an inspection or audit decision at the taxpayer's headquarters, the taxpayer may still amend the tax declarations but will be penalized if they commit one of the acts prescribed in Articles 142 and 143 of the Law on Tax Administration 2019.

Where do enterprises submit tax declarations in Vietnam?

Based on Article 45 of the Law on Tax Administration 2019, the regulations on the place for submitting tax declarations of enterprises are as follows:

- Taxpayers submit their tax declarations at the directly managing tax authority.

- In case of submitting tax declarations through a single-window mechanism, the place is determined according to that mechanism’s regulation.

- The place for submitting tax declarations for exported and imported goods follows the regulations of the Customs Law.

- The government determines the place for submitting tax declarations for the following cases:

+ Taxpayers with multiple business operations;

+ Taxpayers conducting business activities in various locations; taxpayers who have tax obligations arising for taxes declared and paid per occurrence;

+ Taxpayers with tax obligations arising from land revenue; granting the right to exploit water and mineral resources;

+ Taxpayers who settle personal income tax obligations;

- Taxpayers carry out tax declarations via electronic transactions and in other necessary cases.