Amended Law on Tax Administration facilitates enterprises and enhances capacity of tax administration
(vasep.com.vn) Supplemented and amended Law on Tax Administration, effective from 1st July 2013, focuses on three main issues of: (i) Simplification on tax-administrative procedures, (ii) Reform, modernization and integration, conformation to international practices, and (iii) Increase efficiency on tax administration.
Supplemented and amended Law on Tax Administration basically meets targets on tax-administrative procedures reform so that administrative procedures become more simplified, clear and transparent. Amended Law on Tax Administration helps to reduce time and cost for taxpayers.
Remarkably, amended Law on Tax Administration mentions the amendments of some professional activities of Customs such as tax payment/ debt/ penalties, which are highly appreciated by Customs.
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