Procedures for late payment fine write-off in Vietnam

Procedures for late payment fine write-off in Vietnam (Internet image)

According to Clause 2, Article 16 of Circular 69/2020/TT-BTC, which stipulates the procedures for compiling and processing applications for debt write-off at Sub-department of Taxation or Sub-department of Customs. Regarding to a taxpayer eligible for debt write-off prescribed in clause 6 and clause 7 Article 4 of the Resolution 94/2019/QH14, the application shall be sent to Sub-department of Taxation or Sub-department of Customs where the taxpayer has the tax debt.

- Sub-department of Taxation or Sub-department of Customs shall designate a debt settlement department to examine the application of the taxpayer.

- If the taxpayer is ineligible for debt write-off, within 15 working days after receiving a complete application, Sub-department of Taxation or Sub-department of Customs shall notify the taxpayer using the Form No. 01/XOANO hereto.

- If the taxpayer is eligible for debt write-off but the application is not duly complete as prescribed, within 10 working days after receiving the application, Sub-department of Taxation or Sub-department of Customs shall notify the taxpayer to provide additional documentation using the Form No. 02/XOANO hereto.

If the taxpayer is eligible for debt write-off and the application is duly complete as prescribed, within 15 working days after receiving the application, Sub-department of Taxation or Sub-department of Customs shall make a request for debt write-off using the Form No. 02/XOANO or 03/VBDN-2 hereto, enclose with the application and send them to Sub-department of Taxation or Sub-department of Customs.

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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