Mr. Nguyen Nam Binh - Head of Tax Department Region II - speaking at the conference
On April 21, the Tax Department of Region II (HCMC) held a conference to implement Decree 70/2025/ND-CP and signed an agreement to deploy electronic invoices generated from cash registers.
Accordingly, from June 1, business households with revenue of 1 billion VND/year in 6 business groups specified in Decree 70 will have to issue electronic invoices generated from cash registers, connecting data with tax authorities, instead of paying lump-sum taxes as at present.
At the conference, the Tax Department of Region II signed a memorandum of understanding with solution providers to deploy electronic invoices connected to tax authorities for subjects applying Decree 70.
Mr. Nguyen Nam Binh, Head of the Tax Department of Region II, said the Government is orienting to change the tax policy for business households from paying lump-sum tax to self-declaration and self-payment of tax. This is one of the important solutions to promote the development of the private economic sector.
"Decree 70 is a big step forward in modernizing the tax sector, especially the expansion of the application of electronic invoices with tax authority codes, generated from cash registers for business households. This is a key solution to improve tax management efficiency and create convenience for taxpayers," Mr. Binh acknowledged.
Ho Chi Minh City currently has about 200,000 business households. Of these, about 13,000 business households with revenue of over 1 billion VND/year in 6 industry groups, according to Decree 70, must use electronic invoices generated from cash registers connected to transfer electronic data to tax authorities.
Source: https://nld.com.vn/tu-1-6-khoang-13000-ho-kinh-doanh-tai-tp-hcm-cham-dut-nop-thue-khoan-196250421221249722.htm
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