Vietnam: What does trực tiếp bóng đá k+ application for refund of overpayments include?
What are regulations on handling of overpaid tax in Vietnam?
Based on Clause 1, Article 60 of trực tiếp bóng đá k+Law on Tax Administration 2019regulating trực tiếp bóng đá k+ handling of overpaid taxes, late payment interests, and fines as follows:
Handling of Overpaid Taxes, Late Payment Interests, and Fines
- A taxpayer who has paid taxes, late payment interests, and fines exceeding trực tiếp bóng đá k+ amount required shall have trực tiếp bóng đá k+ excess offset against outstanding taxes, late payment interests, and fines, or deducted from trực tiếp bóng đá k+ taxes, late payment interests, and fines of trực tiếp bóng đá k+ next payment, or refunded if trực tiếp bóng đá k+ taxpayer no longer owes any taxes, late payment interests, or fines.
In trực tiếp bóng đá k+ case where trực tiếp bóng đá k+ taxpayer requests to offset trực tiếp bóng đá k+ overpaid taxes, late payment interests, and fines against outstanding debts, no late payment interest shall be calculated on trực tiếp bóng đá k+ offset amount from trực tiếp bóng đá k+ date trực tiếp bóng đá k+ overpayment arises until trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax administration agency carries out trực tiếp bóng đá k+ offset.
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Thus, if a taxpayer overpays, they can choose one of trực tiếp bóng đá k+ following three ways to handle trực tiếp bóng đá k+ overpaid tax:
- Offset trực tiếp bóng đá k+ overpaid tax against outstanding taxes, late payment interests, and fines.- Deduct from trực tiếp bóng đá k+ taxes, late payment interests, and fines of trực tiếp bóng đá k+ subsequent tax payment.- Receive a refund of trực tiếp bóng đá k+ overpaid tax when trực tiếp bóng đá k+ taxpayer no longer owes any taxes, late payment interests, or fines.
Vietnam: What doesthe application for refund of overpayments include?
Based on Article 42 ofCircular 80/2021/TT-BTCregulating trực tiếp bóng đá k+ application for refund of overpayments as follows:
(1)Dossier for trực tiếp bóng đá k+ refund of personal income tax on income from wages and salaries:
- In trực tiếp bóng đá k+ case where organizations or individuals paying wages, and salaries finalize on behalf of individuals with authorization:
+ A written request for handling overpaid taxes, late payment interests, and fines as per form No. 01/DNXLNT attached with Appendix 1 ofCircular 80/2021/TT-BTC;
+ A power of attorney according to legal regulations in cases where trực tiếp bóng đá k+ taxpayer does not directly carry out tax refund procedures, except for cases where a tax agent submits trực tiếp bóng đá k+ tax refund dossier under a contract signed between trực tiếp bóng đá k+ tax agent and trực tiếp bóng đá k+ taxpayer;
+ A list of tax payment receipts as per form No. 02-1/HT attached with Appendix 1 ofCircular 80/2021/TT-BTC(applicable for organizations and individuals paying income).
- In trực tiếp bóng đá k+ case where individuals with income from wages and salaries directly finalize their tax with trực tiếp bóng đá k+ tax authority and have overpaid tax and request a refund on trực tiếp bóng đá k+ personal income tax finalization declaration, no tax refund dossier is required.
trực tiếp bóng đá k+ tax authority will resolve trực tiếp bóng đá k+ refund based on trực tiếp bóng đá k+ personal income tax finalization dossier to handle trực tiếp bóng đá k+ overpayment refund for trực tiếp bóng đá k+ taxpayer as regulated.
(2)Dossier for refund of overpayments of other types of taxes and other collections includes:
- A written request for handling overpaid taxes, late payment interests, and fines as per form No. 01/DNXLNT attached with Appendix 1 ofCircular 80/2021/TT-BTC;
- A power of attorney in cases where trực tiếp bóng đá k+ taxpayer does not directly carry out tax refund procedures, except for cases where a tax agent submits trực tiếp bóng đá k+ tax refund dossier under a contract signed between trực tiếp bóng đá k+ tax agent and trực tiếp bóng đá k+ taxpayer;
- Accompanying documents (if any).
(3)In cases of overpaid refunds during ownership transfer, enterprise conversion, merger, consolidation, division, separation, dissolution, bankruptcy, or cessation of activities that require tax authorities to conduct inspections at taxpayer premises as per point g Clause 1 Article 110 ofLaw on Tax Administration 2019and Chapter 8 ofCircular 80/2021/TT-BTC, if trực tiếp bóng đá k+ Examination Conclusion or Decision and other inspection documents indicate an overpaid tax, trực tiếp bóng đá k+ taxpayer does not have to submit a tax refund dossier. trực tiếp bóng đá k+ tax authority shall base on trực tiếp bóng đá k+ Examination Conclusion or Decision and other inspection documents to carry out procedures for refunding trực tiếp bóng đá k+ overpayment to trực tiếp bóng đá k+ taxpayer as stipulated.
Vietnam: What does trực tiếp bóng đá k+ application for refund of overpayments include?(Image from Internet)
What are procedures forresolving tax refund applications eligible for refund before inspection in Vietnam?
Based on point b clause 1 Article 45 ofCircular 80/2021/TT-BTCregulating trực tiếp bóng đá k+ procedure for resolving tax refund applications eligible for refund before inspection as follows:
trực tiếp bóng đá k+ tax authority shall base on trực tiếp bóng đá k+ taxpayer's overpaid tax refund dossier and tax obligation information, and trực tiếp bóng đá k+ taxpayer's paid taxes on trực tiếp bóng đá k+ tax management application system to check and determine trực tiếp bóng đá k+ case eligible for refund and trực tiếp bóng đá k+ overpaid taxes, late payment interests, fines to be refunded.
(1)In cases where trực tiếp bóng đá k+ overpaid tax refund dossier falls within trực tiếp bóng đá k+ scope and case eligible for refund, trực tiếp bóng đá k+ tax authority shall verify trực tiếp bóng đá k+ amount of tax requested for refund in trực tiếp bóng đá k+ tax refund dossier against trực tiếp bóng đá k+ tax declaration dossier, and information on trực tiếp bóng đá k+ taxpayer's fulfillment of tax obligations on trực tiếp bóng đá k+ tax management application system to determine trực tiếp bóng đá k+ refundable tax amount, trực tiếp bóng đá k+ time of occurrence of trực tiếp bóng đá k+ overpaid tax to be refunded according to trực tiếp bóng đá k+ conformity of tax law.
(2)In cases where there is insufficient information to determine that trực tiếp bóng đá k+ taxpayer's overpaid tax refund dossier falls within trực tiếp bóng đá k+ scope and case eligible for refund, trực tiếp bóng đá k+ tax authority shall issue a Notification for Explanation, Supplementation of Information, Documents as per form No. 01/TB-BSTT-NNT attached withDecree 126/2020/ND-CPand send it to trực tiếp bóng đá k+ taxpayer within 03 working days from trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax authority receives trực tiếp bóng đá k+ taxpayer's request for a refund dossier. In cases where trực tiếp bóng đá k+ taxpayer implements electronic tax refund, trực tiếp bóng đá k+ Notification is sent via trực tiếp bóng đá k+ General Department of Taxation's electronic information portal.
Within 10 working days from trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax authority issues trực tiếp bóng đá k+ Notification, trực tiếp bóng đá k+ taxpayer is responsible for providing an explanation or supplementing information, and documents in accordance with trực tiếp bóng đá k+ tax authority's notification.
If trực tiếp bóng đá k+ taxpayer fails to provide an explanation or supplement trực tiếp bóng đá k+ tax refund dossier within trực tiếp bóng đá k+ time limit as per trực tiếp bóng đá k+ tax authority's Notification, or provides an explanation or supplement that does not substantiate trực tiếp bóng đá k+ declared tax amount, trực tiếp bóng đá k+ tax authority will transfer trực tiếp bóng đá k+ tax refund dossier to trực tiếp bóng đá k+ category of pre-refund inspection and send a Notification regarding trực tiếp bóng đá k+ transfer of trực tiếp bóng đá k+ dossier to trực tiếp bóng đá k+ category of pre-refund inspection as per form No. 05/TB-HT attached with Appendix 1 ofCircular 80/2021/TT-BTCto trực tiếp bóng đá k+ taxpayer within 06 working days from trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax refund dossier is accepted in accordance with Article 32 ofCircular 80/2021/TT-BTC.
trực tiếp bóng đá k+ time from trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax authority issues trực tiếp bóng đá k+ Notification requesting explanation and supplementation to trực tiếp bóng đá k+ date trực tiếp bóng đá k+ tax authority receives trực tiếp bóng đá k+ taxpayer’s written explanation and supplementation is not included in trực tiếp bóng đá k+ tax authority's time limit for resolving trực tiếp bóng đá k+ tax refund dossier.
