Review and inspect businesses that do not accept money transfers.

(Dan Tri) - A representative of the Tax Department of Region II said that the tax authority has issued an official dispatch directing local tax units to review, inspect and handle households that only receive cash if there are violations.

On the afternoon of June 26, at the press conference on economic and social issues in Ho Chi Minh City, Mr. Nguyen Hoa Bac, Head of the Personal Tax, Business Household Tax and Other Revenues Department of the Tax Department of Region II, shared the press's reflection on the fact that some business households only accept cash and do not accept payment by bank transfer.

Mr. Bac stated that this behavior goes against the policy of promoting non-cash payments that the Government and ministries are actively implementing. The refusal of business households to make bank transfer payments not only reduces their competitive advantage, but also shows signs of a lack of transparency in business operations, making it difficult for authorities to manage.

A representative of the Tax Department of Region II said that they will review, inspect and strictly handle business households that only accept cash payments and violate the law (Photo: NQ).

In particular, if you are required to use electronic invoices generated from cash registers according to the provisions of Decree 70 of the Government on invoices and documents but do not create invoices, this behavior will be considered a violation of the law.

Mr. Bac also noted the act of not declaring and paying taxes in full on actual revenue. This is an act of tax evasion and will be subject to a tax collection of 1 to 3 times the tax amount, depending on the severity of the violation. In cases where the amount of tax evaded is 100 million VND or more, the violator may be criminally prosecuted under Article 200 of the 2015 Penal Code.

Responding to management solutions, Mr. Bac said that the Tax Department of Region II has implemented many measures to manage the activities of business households. For households that only receive cash, the tax authority has issued an official dispatch directing local tax units to review, inspect and strictly handle them in accordance with the law.

Previously, in Hanoi and Ho Chi Minh City, many small traders and businesses shared on social networks notices asking customers to avoid writing transfer content related to the purchase or sale of goods or services.

Some restaurants and stores even completely refuse to accept payments by bank transfer, only accepting cash, making many customers feel uncomfortable. However, according to experts, non-transparent transactions do not help avoid taxes but increase legal risks for businesses.

In early June, the Tax Department of Region I affirmed that the act of hanging a sign "cash only" or writing ambiguous transfer content, for example "loan payment", "coffee fee", "shipping fee"... to make it difficult for authorities to determine revenue does not reduce tax obligations, but on the contrary can become a sign of suspicion for the act of concealing revenue.

Tax authorities recommend that business households and individuals learn about legal regulations, do not listen to and follow illegal acts such as concealing revenue, lack of transparency in economic transactions; and declare correctly and fully revenue when selling goods and services.

Source: https://dantri.com.vn/kinh-doanh/ra-soat-kiem-tra-cac-ho-kinh-doanh-khong-nhan-chuyen-khoan-20250626190409152.htm