News

Announcing list of periodical tax reports

Summary

The Ministry of Finance has just issued Decision 1421/QD-BTC on the announcement of the list of periodical tax reports under the ministry’s management.

Updated on : 13-09-2022

Operation at Thai Nguyen Tax Department. Photo: TCT

In Decision 1421/QD-BTC, the Ministry of Finance announced one new reporting regime, four replaced reporting regimes, and three abolished tax reporting regimes in the tax field specified in Appendix 2 issued together with Decision 1898/QD-BTC dated September 25, 2021.

Specifically, the new reporting regime is the report on the use of receipts (for electronic receipts) which complies with the provisions of the Government’s Decree 123/2020/ND-CP dated October 19, 2020.

Regarding the four replaced reporting regimes, the report on the use of invoices will be replaced by the report on the use of invoices as prescribed in provisions of Government Decree 123/2020/ND-CP issued on October 19, 2020; the report on the use of toll and fee receipts will be replaced by the use of toll and fee receipts (for paper receipts) under Decree 123/2020/ND-CP; the report on the use of domestically produced wine stamps will be replaced by the list of e-stamp data sending to the tax authority as prescribed in the Ministry's Circular 23/2021/TT-BTC dated March 30, 2021; the report on the transmission of e-invoices will be replaced by the list of e-invoice data sent to the tax authorities as prescribed in Decree 123/2020/ND-CP.

Three abolished tax reporting regimes under the provisions of Decree 123/2020/ND-CP include a report on providing invoice printing services and providing software for internal printing of invoices; and a report on providing e-receipt printing services and software for internal printing of e-receipts; and Statement of Receipts and Payments (Form 25/AC).

The fee and charge collector will report on the use of fee and charge receipts (for e-receipts). Enterprises, economic organizations, business households and individuals will report on the use of invoices. The fee and charge collector will report on the use of fee and charge receipts (for paper receipts). These reports will be made quarterly.

The tobacco product manufacturer or the organization or individual producing alcohol for domestic consumption will make monthly reports on the e-stamp data table sent to the tax authority.

Particularly, the report on the e-invoice data table sent to the tax authority, the sellers and service providers in the fields of post and telecommunications, insurance, finance and banking, air transport, stock, electricity, clean water with information about customer code or customer tax code, petroleum products subject to the use of electronic invoices without the tax authority's code will make reports monthly or quarterly. For the case of selling petroleum products to customers, the report will be made daily.

Tax departments and tax branches will receive reports via the General Department of Taxation’s Portal.