Guidance on 2017 license tax record

On 05 January 2017, General Department of Taxation granted Official Letter No. 27/TCT-KK on the guidence of license tax record. Accordingly:

Recording the duty and the levels of 2017 license tax:

-   Level 1 for business and manufacturing organisations and individuals, individual groups, and business households: sub-item code of 2862;

-   Level 2 for business and manufacturing organisations and individuals, individual groups, and business households: sub-item code of 2863;

-   Level 3 for business and manufacturing organisations and individuals, individual groups, and business households: sub-item code of 2864.  

The recording is also subject to include the chapter code of taxpayer.

The ways to deal with the mistake on payment document of license tax:

-   In case of recording previously regulated sub-item codes, tax authority issues form C1-07/NS on Request of Receipt Adjustment to National Budget and send this form to State Treasury to adjust the correct sub-item codes;

-   In case of recording new sub-item codes for the license tax of 2016 backwards, tax authority issues form C1-07/NS on Request of Receipt Adjustment to National Budget and send this form to State Treasury to adjust the correct sub-item codes.