Ho Chi Minh City encourages online tax finalization

In the context of the complicated development of the COVID-19 epidemic and the time of tax finalization 2021 approaching, Ho Chi Minh City Tax Department is stepping up to support businesses, people taxpayer tax settlement via online method. In which, strive for the number of individual tax finalization records sent to tax authorities by electronic method to reach more than 90%.

To encourage electronic tax finalization, Ho Chi Minh City Tax Department has organized many online answering programs to promptly support taxpayers’ problems.

Ho Chi Minh City encourages online tax finalization.

Mr. Nguyen Tien Dung – Deputy Director of the Ho Chi Minh City Tax Department said: “We have published the Government’s decrees such as deductible expenses, business sponsorship costs to prevent epidemics; guiding the extension of taxes, exemption of late payment interest … “.

In this tax finalization period, there are a number of points noted by the tax authorities. Accordingly, organizations with revenue in the tax period of 2021 not exceeding VND 200 billion and a decrease in revenue compared to 2019 will be entitled to a 30% reduction in payable corporate income tax.

The deadline for submitting corporate income tax finalization documents is March 31; Personal income tax is the end of April.

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