Domestic revenue reporting system applies to tax authorities at all levels in Vietnam

Domestic revenue reporting system applies to tax authorities at all levels in Vietnam (Internet image) 

Regarding this issue, LawNet would like to answer as follows:

1. Domestic revenue reporting system applies to tax authorities at all levels in Vietnam

* Domestic revenue report according to the Tax Authority:

- Purpose: reflects the state budget revenue of each tax agency assigned to manage collection.

- Reporting principles:

The domestic revenue report, according to the Tax Department, is used to assess the results of state budget revenue collection by the tax authorities entrusted with revenue management. It is compiled from the documents of state budget revenue submissions, with the tax agency code being the direct tax administration authority, the tax agency responsible for territorial allocation, and the tax agency managing state budget revenue collection according to the provisions of the Law on Tax Administration 2019 and related implementing guidelines, specified by each territorial tax administration authority.

For other state budget revenues not managed by the Tax agency, the Tax agency assigned to manage state budget revenue records according to information provided by the State Treasury.

- Basis for reporting:

+ Documents submitted to the state budget are transmitted by the State Treasury to the Tax agency

+ State budget revenue and borrowing report (form B2-01/NS) of the State Treasury

+ State budget revenue and borrowing reports according to Chapters and Subsections (form B2-02/NS) of the State Treasury

* Domestic revenue report by location:

- Purpose: reflects the amount of state budget revenue arising in each area assigned to estimate state budget revenue.

- Reporting principles:

Domestic revenue reports by area are used to evaluate the results of state budget revenue collection for the assigned territorial area. It is compiled from the documents of state budget revenue submissions, with the tax agency code being the direct tax administration authority, the tax agency responsible for territorial allocation, and the tax agency managing state budget revenue collection according to the provisions of the Law on Tax Administration 2019 and related implementing guidelines. Additionally, it shares the same territorial code as the area assigned for state budget revenue collection.

For other revenues belonging to the state budget that are not managed by the Tax agency, the Tax agency records them according to information provided by the State Treasury in the area assigned to the state budget revenue estimate.

- Basis for reporting:

+ Documents submitted to the state budget are transmitted by the State Treasury to the Tax agency

+ State budget revenue and borrowing report (form B2-01/NS) of the State Treasury

+ State budget revenue and borrowing reports according to Chapters and Subsections (form B2-02/NS) of the State Treasury.

(Article 6 of the Domestic Revenue Reporting Regime, issued together with Decision 269/QD-TCT 2024)

2. Preparation of domestic revenue report 

- Before preparing the domestic revenue report, the tax agency shall check and review all documents submitted to the state budget arising during the period, fully accounting them in the application system; at the same time, coordinate with the relevant State Treasury to inspect, review, and adjust state budget collection and payment data according to regulations, ensuring the data matches the State Treasury.

For local Tax Departments that generate revenue from the local Tax Department and the Tax Department of large enterprises in the management area, the local Tax Department presides, and the Large Enterprise Tax Department coordinates, based on local domestic revenue reports, state budget revenue reports of the State Treasury, and state budget payment documents, to check and compare all taxpayers' payments to the state budget due to the Department of Taxation of Large Enterprises managing revenues arising in the area, ensuring that domestic revenues by area match the data of the State Treasury.

- Tax Department, Tax Branch, Regional Tax Department, and Large Enterprise Tax Department are responsible for preparing, summarizing, and approving reports on the Tax industry's application system according to the deadline specified in Article 4 of this Decision.

- The superior tax authority synthesizes the approved report of the lower tax authority: The Tax Department synthesizes domestic revenue reports of Tax Sub-Departments and Regional Tax Sub-Departments in the provincial area. The General Department of Taxation synthesizes domestic revenue reports of Tax Departments nationwide.

- Time for preparation, approval, and the form of sending domestic revenue reports:

+ Quick report: Tax authorities prepare, synthesize, and use according to the management needs of the unit.

+ Monthly domestic revenue report: The Tax Authority prepares, synthesizes, and approves the monthly report no later than the 10th of the following month. The Tax Department compiles a report for the entire province no later than the 12th of the following month. The report is saved as electronic data at the unit.

+ Annual domestic revenue report: The Tax Authority prepares, synthesizes, and approves the annual report no later than the 20th day after the year's accounting books are closed. The Tax Department compiles a report for the entire province no later than the 25th day after closing the annual accounting books. Reports are saved as electronic and paper data at the unit.

- The Tax Authority provides domestic revenue reports at the request of the competent authority, according to regulations.

(Article 8 of the Domestic Revenue Reporting Regime issued together with Decision 269/QD-TCT 2024)

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