New Decision On The Functions And Duties Of The Tax Department

On February 26, 2025, the Ministry of Finance issued Decision No. 381/QD-BTC, which will take effect from March 1, 2025. This decision outlines the functions, duties, authority, and organizational structure of the Tax Department. The new regulations aim to enhance tax management efficiency, ensure compliance with tax laws, and improve transparency and effectiveness in the taxation system. 

Key Contents of the Decision 

According to Decision No. 381/QD-BTC, the Tax Department is an agency under the Ministry of Finance, responsible for advising and assisting the Minister of Finance in state tax management and the administration of state budget revenues, including taxes, fees, charges, and other collections. 

Duties and Authority of the Tax Department 

• Implement tax administration in accordance with legal regulations, ensuring accurate and sufficient collection of taxes, fees, and charges for the state budget. 

• Provide guidance, inspection, and tax audits for businesses and individuals to prevent tax fraud. 

• Collect and analyze tax-related data to support tax management and policy development. 

• Coordinate with relevant agencies to ensure effective tax administration and handle violations in tax compliance. 

• Issue taxpayer identification numbers (TINs), guide tax declaration, refund processes, tax exemptions, reductions, and payment extensions. 

• Apply information technology in tax administration, develop electronic tax databases, and establish digital connections with relevant authorities. 

• Enforce tax compliance, including tax recovery, administrative penalties, and coercive measures. 

Decision No. 381/QD-BTC plays a crucial role in improving the tax management system in Vietnam. The changes in the organizational structure and authority of the Tax Department will help enhance the efficiency of state budget revenue collection, minimize tax fraud, and create a more transparent and fair business environment. Businesses and individuals should take note of these new regulations to ensure compliance and avoid unnecessary violations. 

The Ministry of Finance encourages organizations and individuals to study and strictly implement the new regulations to contribute to developing a modern and efficient tax system. 

Viet Australia
Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.