The National Assembly passed the Law on Tax Administration 2025, effective from July 1, 2026.
Accordingly, the newly passed law stipulates many obligations of taxpayers.
In particular, it is necessary to declare accurately, honestly, fully and submit tax records on time; be responsible before the law for the accuracy, honesty, and completeness of tax records and documents provided to tax management agencies during the tax file settlement process.
At the same time, pay all taxes, other revenues, late payment fees, and fines in full and on time. In case the amount payable has been provided with a payable identification code by the tax management agency, the taxpayer shall pay according to the payable identification code.
The new law also requires taxpayers to comply with accounting, statistical, and use invoices and documents according to regulations. Record and record accurately, honestly and fully the activities that arise tax obligations, tax deductions and transactions that must declare tax information.
Taxpayers must prepare and hand over invoices and documents to buyers in accordance with the correct quantity, type, and actual payment value when selling goods and providing services according to the provisions of law.
Providing accurate, complete, and timely information and documents related to determining tax obligations in the form of paper or electronic documents; providing information to tax authorities to exchange information with foreign tax authorities according to international treaties, explaining the calculation of taxes, other revenues, tax declarations, other revenues, tax payment, and other revenues as required by tax management agencies.
Taxpayers are responsible for fulfilling tax obligations according to the provisions of law, including in cases where a legal representative or authorized representative on behalf of the taxpayer carries out tax procedures and other revenues in violation of regulations.
Using goods and services that are exempt from tax and other revenues for the right purpose, not subject to tax according to the declaration; if changing the purpose, it is necessary to re-declare and pay taxes, other revenues and arising issues according to the provisions of law.
Taxpayers with joint transactions must establish, store, declare, and provide records of joint transactions and related parties of taxpayers, including foreign related parties.
Taxpayers who are social enterprises are responsible for accurately, honestly and fully declaring revenues from cooperation, sponsorship activities and economic contracts with foreign organizations and individuals for social and environmental purposes according to the provisions of the law on taxes and relevant laws.
Along with that, taxpayers must pay the amount of tax and other revenues determined according to the decision on tax handling and other revenues of the tax management agency; in case of disagreement with the amount of tax and other revenues determined by the tax management agency, taxpayers must still pay that other tax and revenues.
When the tax management agency inspects the tax, the taxpayer is obliged to comply with the tax inspection decision at the taxpayer's headquarters of the tax management agency; comply with the notification request for explanation, supplementation of information and documents of the tax management agency; provide timely, complete, accurate and honest information and documents related to the content of the tax inspection...
