What are tax administration operations in Vietnam?

What are tax administration operations in Vietnam?

According to Clause 3, Article 3 of Circular 111/2021/TT-BTC stipulates as follows:

3. Tax administration operations refers to activities related to tax administration that are carried out tax authorities at any level according to the functions, duties, entitlements and the Law on Tax Administration, Tax Laws, relevant legislation, and professional tax administration procedures promulgated by the General Department of Taxation.

What is range of tax accounting activities and tax accounting duties in Vietnam?

According to Article 5 of of Circular 111/2021/TT-BTC, there are regulations on range of tax accounting activities and tax accounting duties, specifically:

1. Range of activities involved in tax authorities’ conduct of its tax accounting work

Tax accounting work is defined as one of the tax administration functions of tax authorities, using results obtained from other tax accounting operations that have been completely processed for carrying out specific activities involved in the tax accounting work as per Article 6 herein.

2. Tax accounting duties

a) Collect inputs and issues vouchers referred to in Section 1 of Chapter II herein that serve as supporting documents for the entries recorded in tax accounting books.

b) Conduct the reconciliation and examination process to ensure that recorded data correspond to inputs generated from tax administration records and documents related to the tax accounting work.

c) Where there is any error arising from the tax accounting process, it is mandatory to identify causes and recommend actions as stipulated in Article 14 and 16 herein.

d) Store, manage and provide tax accounting data, information and documents in accordance with Article 9 herein.

dd) Provide tax accounting data, information and documents in an honest, adequate and timely manner in accordance with law on tax accounting and tax administration.

e) Tax accounting duties are automatically performed by the tax accounting Subsystem or government accountants according to their functions, duties and rights of access granted on the tax accounting subsystem.

3. Specialized departments of a tax authority at any level Tax shall perform the following duties involved in its tax administration operations

a) Process and handle professional tax administration documents and records according to tax administration procedures adopted by the Director of the General Department of Taxation with a view to obtaining full, accurate and timely data and information.

b) Take control of processing data included in professional tax administration documents and records available on the tax regulatory authority’s System of tax administration apps administered by the tax regulator in accordance with Regulations on responsibilities for data processing controls on the tax regulatory authority’s System of tax administration apps that are approved for use by the Director of the General Department of Taxation.

c) Bear responsibility for adequacy, accuracy and timeliness of information provided information as feeders to tax accounting inputs according to Article 12 herein.

d) Check data included in professional tax administration documents or records and tax administration data with taxpayers to ensure they are full, accurate and timely.

dd) Where it is discovered that any defect, omission or change in professional tax administration documents and records related to the tax accounting affects recorded data and information, prompt actions and adjustments required by law must be used.

Best Regards!