Personal income tax of individuals whose incomes come from two or more sources to be reviewed in order to strengthen tax administration and prevent loss of revenue of the Government Budget of Vietnam?
- Are individuals whose incomes come from two or more sources required to directly declare tax with the Tax Office in Vietnam?
- In which cases do individuals whose incomes come from two or more sources not need to directly declare tax with the Tax Office in Vietnam?
- What is the process of reviewing the list of individuals whose incomes come from two or more sources in Vietnam in 2019, 2020?
In the past, the General Department of Taxation in Hanoi has issued documents directing Tax authorities at all levels to improve the management of personal income tax (PIT) in order to counter revenue loss of the Government budget of Vietnam and increase awareness of law observance of taxpayers. In order to strengthen the management of personal income tax, the General Department of Taxation requires the Department of Taxation to implement the following contents.
Are individuals whose incomes come from two or more sources required to directly declare tax with the Tax Office in Vietnam?
According to Official Dispatch 2065/TCT-DNNCN in 2022 of the General Department of Taxation of Vietnam, the Department of Taxation requires the Tax Department to do the following:
For individuals whose incomes come from two or more sources, the additional amount of personal income tax to be paid is incurred in the case of having to directly declare and finalize personal income tax with the Tax Office but not yet submit tax finalization dossiers or have submitted tax finalization but still lack the payable tax amount, individuals who declare the same dependents in 2020 and earlier and the following years, request Tax Departments to intensify their review, compare the taxpayer's tax declaration and payment, coordinate in a timely manner in verifying and comparing information of the taxpayer, urge the taxpayer to fulfill tax obligations fully, and promptly handle the acts of violating tax laws (if any) in accordance with the provisions of law.
Personal income tax of individuals whose incomes come from two or more sources to be reviewed in order to strengthen tax administration and prevent loss of revenue of the Government Budget of Vietnam?
In which cases do individuals whose incomes come from two or more sources not need to directly declare tax with the Tax Office in Vietnam?
According to Official Dispatch 2065/TCT-DNNCN in 2022 of the General Department of Taxation, the Department of Taxation requires the Tax Department to do the following:
- In case, through the review, it is determined that an individual is not eligible for finalization declaration at the Tax Office that is managing the tax identification number (of the individual), the tax agency that is managing the tax identification number (of the individual) is responsible for coordinating Cooperate with the Tax Office managing the organization paying income to the individual and the Tax Office where the individual resides to determine the Tax Authority directly managing the individual (the Tax Authority where the individual makes the tax finalization) prescribed at point b.2 clause 8 Article 11 of Decree No. 126/2020/ND-CP dated October 19, 2020 of the Government and point d, clause 5, Article 3 of Circular No. 80/2021/TT-BTC dated 29/03 September 2021 of the Ministry of Finance. From there, the tax agency directly manages the individual (the tax authority where the individual makes the tax finalization) is responsible for urging and monitoring the individual's implementation of the final settlement as prescribed in Clause 1, Article 5. Circular No. 80/2021/TT-BTC dated September 29, 2021 of the Ministry of Finance.
- Continue to review and report according to the guidance of the General Department of Taxation in documents: Official Letter No. 3650/TCT-KTNB dated August 15, 2017 on guiding professional income tax inspection of individuals whose incomes come from two or more sources by using TMS application, Official Letter No. 1229/TCT-KTNB dated April 9, 2018 on continuing to review and examine personal income tax of individuals whose incomes come from two or more sources, Official Letter No. 1030/TCT-DNCN dated April 9, 2021 on the review and examination of personal income tax of individuals whose incomes come from two or more sources on the list 05-3/QTT-TNCN 2019.
What is the process of reviewing the list of individuals whose incomes come from two or more sources in Vietnam in 2019, 2020?
According to Official Dispatch 2065/TCT-DNNCN 2022 of the General Department of Taxation in Vietnam:
- The General Department of Taxation shall send a list of individuals whose incomes come from two or more sources in the case that they must directly declare personal income tax finalization with the Tax Agency for the 2019 2020 tax finalization period ( Summary of review data according to Schedule 01 and Personal details table to be reviewed in Table 02 at the link: ftp://ftp.tct.vn/Public/XXX/TNCN 2019-2020 in which: XXX fill in the name of the Department of Taxation) request the Department of Taxation to report the review results (according to Table 02) and send a written report on assessment of tax administration performance for each case, clearly stating the reasons for the problem. At present, propose solutions and plans to the General Department of Taxation (Department of Tax Administration for Small and Medium-sized Enterprises and Business Households and Individuals) and send a soft copy to the email address: npphuong@gdt.gov.vn before July 30, 2022.
The Department of Taxation is responsible for synthesizing, updating, assessing tax compliance, classifying taxpayers' risk levels, managing information on taxpayers at risk to serve tax administration, apply professional tax management measures suitable to each case; Strictly implement tax management in accordance with regulations; Strengthen the propaganda, guide and urge taxpayers to make tax finalization, pay tax in accordance with regulations, improve compliance tax laws of taxpayers to avoid taxpayers being handled for violations according to the provisions of law.
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