Business

E-tax refunds to be piloted

The General Department of Taxation (GDT) will pilot e-tax refunds in some cities and provinces in the third quarter of 2016.
E-tax refunds to be piloted ảnh 1Illustrative image (Photo:VNA)

Hanoi (VNA) – The General Department of Taxation (GDT) will pilot e-tax refunds in some cities and provinces in the third quarter of 2016.

Deputy General Director Nguyen Dai Tri said the department is completing procedures to carry out the project.

The move aims to save time and cut costs for tax payers, and improve national competitiveness as advocated by the Government.

The GDT will also strengthen risk management in taxation.

As of May 31, 2016, the department handled 7,501 tax refund files worth over 38.7 trillion VND (1.74 billion USD).

With the support of international organisations such as the International Finance Corporation and the World Bank, the GDT is building criteria to evaluate tax payers’ compliance.-VNA

VNA
#General Department of Taxation#e-tax refunds#procedures#save time#tax payers
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