Commercial banks offer e-tax service

By the end of this year, account holders at five commercial banks in 18 cities and provinces across Vietnam will be able to pay their taxes online.
By the end of this year, account holders at five commercial banks in 18cities and provinces across Vietnam will be able to pay their taxesonline.

Tax offices will forward online tax declarations thatthey receive to banks, which will transfer money from taxpayers'accounts to the State budget, said Pham Quang Toan, head of thedepartment's Information Technology division.

A pilot run of theonline tax payment facility for taxpayers in Hanoi, Bac Ninh and VinhPhuc with accounts at the Joint Stock Commercial Bank for Investment andDevelopment of Vietnam (BIDV) has already been carried out, he said.

So far, 250 enterprises have paid their taxes online.

Thenumber of enterprises using e-tax declarations has increased sharply inVietnam, from 362 enterprises in 2009 to 350,000 enterprises last year.

The general department under the Ministry of Finance has signedan agreement with four commercial banks to facilitate online taxpayments. Under the agreement, the department and the banks –Joint StockCommercial Bank for Foreign Trade of Vietnam (Vietcombank), VietnamJoint Stock Commercial Bank for Industry and Trade (VietinBank), VietnamBank for Agriculture and Rural Development (Agribank) and MilitaryCommercial Joint Stock Bank (MBBank) – will set up a system to transmitonline tax payments, using digital signatures for security verification.

The service will first be available to 5,000 taxpayers in areasincluding Quang Ninh, Hai Phong and Nam Dinh in the north, Nghe An,Quang Binh and Da Nang in the centre and Binh Duong, Dong Nai and Ho ChiMinh City in the south.

Aimed at both enterprises andindividuals, it will later be expanded to all 63 cities and provinces inthe country, according to Bui Van Nam, General Director of the taxationdepartment.

Vice General Director of Vietinbank Nguyen Van Dusaid the bank and the taxation department were working together onpreparations, holding training courses for bank staff and tax officersand ensuring that the banks' accounting systems were compatible with thepayment system of the taxation department.-VNA

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