The telegram was sent to tax chiefs of provinces and cities; Heads of E-commerce Tax Sub-departments and Heads of Large Enterprise Tax Sub-departments to organize the implementation of the decree.
According to the telegram, Decree No. 68/2026/ND-CP takes effect from the date of signing. The Tax Department requests heads of tax authorities to direct the implementation and dissemination of the decree to tax officials and taxpayers, and at the same time prepare conditions to ensure implementation.
The telegram clearly states that business households and individual businesses that start production and business activities in the first 6 months of the year, if they have actual revenue from 500 million VND or less, shall notify the actual revenue arising from the start of production and business activities until the end of June 30 with the directly managing tax authority no later than July 31 and notify the actual revenue arising in the last 6 months of the year no later than January 31 of the following calendar year.
In case business households and individual businesses start production and business activities in the last 6 months of the year if their actual revenue is from 500 million VND or less, they shall notify the actual revenue arising no later than January 31 of the following calendar year.
For businesses and individual businesses that have just started production and business activities, when there is accumulated revenue of over 500 million VND, tax declaration is carried out quarterly according to the provisions of Article 10 of this Decree from the quarter in which revenue is over 500 million VND.
The telegram also stated that individuals who directly declare taxes for real estate leasing activities can choose to declare taxes twice in the tax year or declare taxes once in the tax year.
If tax declaration is done twice in the tax year, the deadline for submitting the first tax declaration dossier is no later than July 31 of the tax year and the second time no later than January 31 of the calendar year following the tax year. In case of tax declaration once in the tax year, the deadline for submitting the tax declaration dossier is no later than January 31 of the calendar year following the tax year.
For cases of monthly tax declaration, tax declaration dossiers for January, February, and March 2026 shall be sent to the directly managing tax authority no later than April 20, 2026.
In addition, for business households and individual businesses that pay taxes according to the khoán method from 2025 and earlier and have been determined the khoán tax rate (including cases where business households and individual businesses have changes in production and business scale leading to tax revenue khoán changing from 50% or more) according to the provisions of the Law on Tax Administration No. 38/2019/QH14 and guiding documents for implementation, when switching to tax declaration from January 1, 2026, the tax authority will not use tax revenue declared in 2026 to re-determine tax obligations from previous years.
The tax authority also does not impose administrative violations on tax obligations that have been fulfilled according to the khoán method, except in cases where the tax authority or competent state agency detects that business households or individual businesses have acts of concealing revenue leading to a shortage of tax payable.
The telegram also requires that for business households and individual businesses in 2025 to pay taxes according to the khoán method or declaration method, with revenue of 03 billion VND or more, or from 2026 to choose to pay personal income tax according to the taxable income method multiplied by (x) tax rate, business households and individual businesses shall determine and record the value of inventory, machinery, and equipment serving production and business activities as of December 31, 2025, as a basis for determining deductible expenses when calculating personal income tax for the tax period 2026.
Business households and individual businesses shall prepare inventory statements, machinery and equipment according to the forms prescribed by the Minister of Finance, keep them at business households and individual businesses and send 01 copy to the tax authority for direct management by electronic means along with tax declaration documents for the first quarter of 2026 for quarterly tax declarations or no later than April 2026 for monthly tax declarations.
