Vietnam: Information to be declared when making tax payment receipts

According to Circular No. 84/2016/TT-BTC of the Ministry of Finance of Vietnam, information to be declared when making tax payment receipts includes:

- Payment currency:

+ Check “VND” box if the taxpayer must pay a sum of tax or domestic revenue in VND.

+ Check “USD” or another kind of currency if the taxpayer must pay a sum of tax or domestic revenue in US Dollar or other foreign currency as prescribed in law and regulations.

- Taxpayers and authorized persons. To be specific:

+ If choose “Making payment slip”, the system will automatically display the taxpayer’s information including: name, TIN, and address of the taxpayer according to his/her log in account.

+ If choose “Making authorized payment slip”, the system will automatically display the authorized person’s information including: name, TIN, and address of the authorized person according to his/her log in account. The authorized person must declare the taxpayer’s information including: name, TIN, and address of the taxpayer.

- Bank/State Treasury and e-Tax account: Choose the bank and e-Tax account according to the list registered for e-Tax payment.

- Payment to State budget: The taxpayer shall choose the box “State revenue account” or the box “VAT refund withdrawal account” as follows:

+ Check the box “State revenue account” if paying taxes, late payment interests, fines or other State budget revenues.

+ Check the box “VAT refund withdrawal account” if returning the refunded VAT according to a decision of the competent authority or the taxpayer found that he/she has been refunded not in accordance with regulations of law; excluding the case of returning the refunded VAT due to mistaken or excess payment.

- State Treasury account: Choose the name of the State Treasury agency receiving revenues (hereinafter referred to as receiving State Treasury agency) in the list of State Treasury agencies; and choose the name of the collecting bank corresponding to the chosen State Treasury agency in the list provided.

+ The State Treasury agency receiving revenues and the collecting authority are at the same administrative level. If the receiving State Treasury agency and the collecting authority are not at the same administrative level, the collecting authority shall request the taxpayer to choose the appropriate State Treasury agency.

- Payment according to a document issued by the competent authority (if any): Check one of the boxes corresponding to the issuing authority including “State Audit Agency”, “Government Inspectorate”, “Financial Inspectorate”, “Other competent authority”.

+ If the taxpayer pays tax according to a decision issued by a tax authority, then check the box “Other competent authority”.

- Collecting authority’ name: The system will automatically display the name of the supervisory tax authority of the taxpayer. If a revenue is under management of another tax authority, the taxpayer shall choose other collecting authority in the list of tax authorities.

- State budget revenues:

+ The taxpayer shall inquire the revenues payable on the e-Tax payment system and choose one or a number of revenues listed on the system. The taxpayer may correct the sum of each revenue.

+ In case of occurrence of a revenue not included in the list on the system, the taxpayer shall select the list of “State budget revenues” and then choose the appropriate revenues and fill in the sum of payments.

+ In case of payment of tax, land levy, registration tax, or another revenue in connection with property registration, the taxpayer shall fill following additional information in the box “State budget revenues”: address of house, land plot; mean of transport, trademark, type, color, chassis number, and engine number of plane, boat, car, or motorcycle.

+ In case of payment according to a document issued by the competent authority, the taxpayer must also declare the name of the issuing authority.

More details can be found in Circular No. 84/2016/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from August 01, 2016.

-Thao Uyen-

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