Basis for Enacting Measures to Deduct Money and Freeze Accounts

22:31, 11/07/2024

Circular 87/2018/TT-BTC was issued by the Ministry of Finance on September 27, 2018, amending and supplementing a number of provisions of Circular 215/2013/TT-BTC providing guidelines on the enforcement of administrative tax decisions.

According to the new regulations, the issuance of a decision on enforcement by measures of account deduction or requesting account blockade at the State Treasury or credit institutions must be based on the following grounds:

- Information about the taxpayer's account in the tax management database or data of relevant organizations or individuals;- Information about the account number, the current amount in the account of the subject to be enforced provided by the State Treasury or credit institutions upon the request of the competent person issuing the enforcement decision in cases where the tax authority's database is incomplete.

Note: The person authorized to issue the enforcement decision is responsible for keeping confidential the account information of the person subject to enforcement.

Circular 87/2018/TT-BTC takes effect from November 15, 2018.

- Thanh Lam -

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