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blue-check Procedures for categorization and treatment of tax debts from July 20th, 2022

Decision No. 1129/QD-TCT dated July 20th, 2022 of the General Department of Taxation on promulgation of procedure for debt management
Posted: 16/9/2022 2:00:40 PM | Latest updated: 12/1/2023 4:28:27 PM (GMT+7) | LuatVietnam: 5541 | Vietlaw: 595
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This Decision provides for new procedure for debt management, uniformly applicable to all-level tax authorities from July 20th, 2022

The procedure’s contents include criteria for categorization of tax debts; measures for treatment of tax debts after categorization; procedures for consideration for tax debt write-off, charge-off, deferral, payment in installments, exemption from late payment interest.

Accordingly, tax authorities shall apply the following treatment measures, depending on tax debts’ maturity

+ With regard to tax debts with a maturity of 1 - 30 days: Tax authorities shall make phone calls or send SMS messages or emails to the taxpayers (company owners or legal representatives of taxpayers, etc.) to inform tax debt amounts.

+ With regard to debts with a maturity of over 31 days: Tax authorities shall send the tax debt notice (using the Form No. 01/TTN at Circular No. 80/2021/TT-BTC) to the taxpayers electronically, directly or via post offices.

+ With regard to tax debts with a maturity of longer than 90 days, tax authorities shall enforce collection thereof according to the Procedure for tax debt collection enforcement.

This Decision takes effect from the date of its signing and replaces Decision No. 1401/QD-TCT dated July 28th, 2015.

Notes
Please be informed that the attached forms are neither translated nor included in the English file
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Information

Effective date 20-Jul-2022
Expired date Unknown
Published Vietlaw's Newsletter No. 595

Files attachment

enflag pdficon QD1129-20072022TCT[E].pdf

Timeline

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