Increased monitoring to reduce tax losses

Decree No. 70/2025/ND-CP of the Government has just been issued and takes effect from June 1, 2025, creating maximum conditions for taxpayers to fulfill their obligations to the State. However, due to strict regulations of the tax industry, in recent times, many business households have not accepted payment by bank transfer, but only in cash. There are cases where business households continue to accept payment by bank transfer but increase the selling price. This means that the two forms of payment, bank transfer and cash, will still be maintained, but the corresponding payment forms will have different prices. There are also cases where online business people use other people's accounts, not their own, or intentionally do not record the transfer content to avoid taxes.

According to the tax sector, in the above cases, the tax authorities will compare data from banks, the Ministry of Public Security , the Ministry of Industry and Trade, e-commerce platforms, shipping units... to check. With cash collection via COD (collect on behalf), information from shipping units will be exploited promptly and continuously. If anyone uses another person's account, the tax sector will still have monitoring measures.

Also according to Decree No. 70/2025/ND-CP of the Government , from June 1, 2025, if an organization or individual sells goods with a revenue of over 1 billion VND without issuing invoices, it will be determined as an act of tax evasion and not ensuring transparency. Tax authorities have the right to suspect tax evasion and tax avoidance, and will conduct inspections, audits, and tax enforcement when necessary; if there are signs of evasion of obligations, causing large losses to the State budget, they may be prosecuted for criminal liability.

According to the tax sector, the current tax rate for business households has not changed compared to many years ago. Specifically, the personal income tax rate of 1.5% is still applied to contract households; the food and beverage industry, the tax is still 4.5% (including 3% value added tax and 1.5% personal income tax). However, implementing Decree No. 70/2025/ND-CP of the Government, revenue monitoring will be more closely organized, along with clear sanctions to avoid tax losses for business registration forms under the household model.

TIEU MY

Source: https://baobinhduong.vn/tang-giam-sat-de-giam-that-thu-thue-a348505.html