Tax Department Does Not Evade Practical Feedback

The Vietnamese tax authorities are demonstrating a proactive and supportive approach towards household businesses, aiming to foster transparency and facilitate smoother operations. Mai Sơn, Deputy Director of the Tax Department, emphasized that the department welcomes and actively seeks direct, frank opinions from these businesses, signaling a shift towards greater collaboration.

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The tax authorities do not place heavy emphasis on collecting a lot of taxes, but rather on collecting correctly, collecting sufficiently, and supporting businesses to minimize violations to avoid penalties.

This initiative is particularly crucial during a period of significant transition, marked by the implementation of new regulations such as Decree No. 68 and Circular No. 18. The Tax Department has launched comprehensive guidance programs, including "hand-holding" livestream sessions and on-site support, tailored to different business scales and models. These efforts are designed to ensure that business owners understand and correctly implement tax policies, including electronic invoicing and record-keeping.

Sơn stressed that the department's primary goal is not aggressive tax collection, but rather ensuring accurate and sufficient revenue while minimizing compliance errors for businesses. "The tax authorities do not place heavy emphasis on collecting a lot of taxes," he stated, highlighting a focus on "collecting correctly, collecting sufficiently, and supporting businesses to minimize violations to avoid penalties."

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The tax authorities do not evade opinions from practice. On the contrary, they very much look forward to hearing full, direct, and frank opinions from household businesses.

The emphasis on transparency in cash flow and opening business opportunities, as highlighted in the workshop co-organized by Tuổi Trẻ newspaper and the Tax Department, reflects a commitment to empowering small businesses. By providing clear, accessible guidance and fostering open communication, the tax sector aims to build trust and encourage compliant, stable business operations across Vietnam.

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Transparency of cash flow is not only a requirement for management, but first and foremost brings practical benefits to the household businesses themselves.