Applications for cancellation of tax debt charge-off or cancellation of late payment fine and interest write-off in Vietnam

Applications for cancellation of tax debt charge-off or cancellation of late payment fine and interest write-off in Vietnam (Internet image)

Article 19 of Circular 69/2020/TT-BTC stipulates the applications for cancellation of tax debt charge-off or cancellation of late payment fine and interest write-off in Vietnam as follows:

1. Regarding a taxpayer whose debt charge-off or debt write-off is cancelled

- The issued decision on debt charge-off or debt write-off;

- A decision of the competent authority or tax authority stating that the debt charge-off or write-off was carried out against the law.

2. Regarding a taxpayer whose debt charge-off or debt write-off is cancelled

- The issued decision on debt charge-off or debt write-off;

- A notice of the business registration authority or the authority which issued the establishment and operation license or practice certificate; or a document certified by the local government that the taxpayer whose debt has been charged off or written off resumes the business.

3. Regarding a taxpayer whose debt charge-off or debt write-off is cancelled

- The issued decision on debt charge-off or debt write-off;

- A notice of the business registration authority or the authority which issued the establishment and operation license or practice certificate; or copy of the business registration certificate, business registration certificate, certificate of registration for cooperatives, certificate of registration for household business, establishment and operation license, practice certificate which proves the establishment of the new enterprise or business entity of the individual, self-employed individual, or representative of household, the head of household business, sole proprietor, the head of single-member limited liability company owned by individual of the taxpayer whose debt has been charged-off or written off.

More details can be found in Circular 69/2020/TT-BTC, which comes into force from July 1, 2020.

Thuy Tram

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