The Minister of Finance issued Circular No. 40/2025/TT-BTC amending and supplementing a number of articles of Circulars in the field of tax management, to clearly define the authority of local governments according to the two-level government organization model. In particular, many contents of Circular 40/2021/TT-BTC on tax management for business households and individuals are amended in Article 8 of the new Circular.
Amending regulations on tax management for contract households
According to the new regulations in Article 13 of Circular 40/2021/TT-BTC (amended by Circular 40/2025/TT-BTC), the basis for determining contract tax of business households adds feedback from relevant organizations and individuals. The disclosure of contract tax information will be carried out in two phases:
Public listing for the first time: By the Tax Team under the Regional Tax Department, it is implemented from December 20 to 31 every year at the tax team headquarters, the People's Committee at the commune level or the market management board. At the same time, documents were sent to the People's Council and the Fatherland Front at the commune level for comments.
Public listing 2: done before January 30 every year, at similar locations. The tax team sends documents and receives feedback on the official revenue and tax payable.
In addition, the information will be made public on the tax authority's electronic information page. feedback from people, contracted households, People's Councils, and the Fatherland Front will be compiled and used as a basis for adjusting the contract tax rate before consulting the Tax Advisory Council.
Adjusting some indicators on tax declaration form
The Circular also adjusts some information displayed on tax management forms such as:
Remove the phrase "District/District/City/City under province" in related indicators on forms 01/CNKD, 01/TTS, 01/TKN-CNKD.
Replace the phrase "Ward/City/Town" with "Commune/ward/special area" in many indicators on the above declaration forms.
Circular 40/2025/TT-BTC takes effect from July 1, 2025.
