Five banks to pilot 24/7 tax payment scheme shortly

Five commercial banks have been selected to pilot a 24/7 e-tax payment scheme from November this year.
Five banks to pilot 24/7 tax payment scheme shortly ảnh 1Five commercial banks have been selected to pilot a 24/7 e-tax payment scheme from November this year. Illustrative image (Photo: vietbao.vn)

Hanoi (VNA) - Five commercial banks have been selected to pilot a24/7 e-tax payment scheme from November this year.

Nguyen Thi Thanh Huong, Deputy Director of the Estimation and Budget ManagementDivision under the General Department of Customs (GDC)’s Import-Export DutyDepartment, said the banks include Vietcombank, Vietinbank, BIDV, MB andTechcombank.

With the new form of tax payment, enterprises will pay tax directly at the 24/7Electronic Customs Payment Portal anytime and anywhere with internet access.The customs authority will directly support enterprises to make paymentdocuments from the original data and minimise errors in money transferprocedures.

The form of tax payment will also ensure the integrity and confidentiality ofall taxpayers’ information during the transaction and customise informationfields in exchanging one or more forms at banks to reduce their working timewith banks.

It will also enable commercial banks to coordinate with the GDC to develop andimprove payment services for customers, attract more potential customers andlimit information errors in payment documents.

For tax agency, this scheme will help reduce personnel for tax collection andsimplify related processes. It ensures that tax is correctly settled rightafter taxpayers fulfill their duties, hence avoiding mistaken coercion. It willalso minimise information errors in tax forms besides increasing the degree ofsatisfaction of businesses and international investors.

The 24/7 tax payment scheme will be applied to only commercial banks signingcollection agreements with the GDC.

The new service is the next reform step of the customs sector to helpenterprises quickly clear goods and carry out extensive cross-sector reforms toreach the ASEAN 4 level of export and import facilitation, as guided by theGovernment.-VNA
VNA

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