Today: 26/09/2022 20:02:27 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Vietnam approves tax system reform strategy until 2030

Deputy Prime Minister Le Minh Khai has signed a decision on approving the tax system reform strategy until 2030 with the goal of streamlining tax management and expanding the tax base.

Under the programme, Vietnam’s tax policy system will be perfected in line with international practices while meeting the resource requirements to implement the 2021-2030 socio-economic development strategy.

Vietnam, tax system reform strategy, expanding the tax base, international practices, socio-economic development strategy, taxpayers’ satisfaction

Vietnam is aiming to streamline the tax management system.

The tax system will include the following: value added tax, special consumption tax, export-import tax, corporate income tax, personal income tax, natural resource tax, agricultural land use tax, non-agricultural land use tax, and environmental protection tax, along with other taxes and fees.

With regards to tax management, Vietnam aims to raise the rate of taxpayers’ satisfaction with the service of tax agencies to at least 90% by 2025 and 95% by 2030.

The rate of supporting taxpayers through electronic means is expected to reach 70% by 2025 and 90% by 2030.

By 2030, the rate of tax filing and payment conducted electronically will reach at least 98% for enterprises and organisations and upwards of 90% for individuals.

Vietnam will also create an integrated and centralised information system to meet all the demand of collecting, processing, storing and using data for tax management and providing online services for taxpayers.

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Source: NDO

Vietnam, tax system reform strategy, expanding the tax base, international practices, socio-economic development strategy, taxpayers’ satisfaction
 
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