Tax authorities to cut at least 20% of compliance costs related to business activities

The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20% of regulations and cut at least 20% of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
Tax authorities to cut at least 20% of compliance costs related to business activities ảnh 1At a taxation office in Ha Dong district, Hanoi. (Photo: hadong.hanoi.gov.vn)
Hanoi (VNS/VNA) - The General Department of Taxation(GDT) has said that it guaranteed to reduce and simplify at least 20% ofregulations and cut at least 20% of compliance costs related to businessactivities and eliminate unnecessary regulations by 2025.

The GDT has just issued Decision No 1308/QD-TCT on theimplementation plan for Decision No 1162/QD-BTC dated June 8 of theMinistry of Finance (MoF) on the issuance of the action plan on improving thequality and efficiency of online public service provision by the MoF this year.

In this plan, the GDT aims to continue to reduce and simplifyregulations related to business activities, and eliminate regulations that areno longer appropriate.

The GDT's units have completed the integration of online publicservices under their management into its web portal.

In which, the Public Service Portal and the Electronic Portal ofthe General Department of Taxation are connected and share data with theNational Public Service Portal.

Along with that, the plan sets a target that 100% ofadministrative procedures that meet the requirements of the law will beprovided in the form of a complete online public service.

100% of online public services that are fully qualified forconnection are integrated into the Public Service Portal and the GDT's webportal.

100% full-fledged online public services that are eligible forconnection, involving many people and businesses, are integrated into theNational Public Service Portal.

The decision ensured to reduce and simplify at least 20% ofregulations and cut at least 20% of regulatory compliance costs related tobusiness activities in effective documents until the end of May 31, 2020, inaccordance with the requirements of Resolution No 68/NQ-CP dated May 12, 2020,of the Government by 2025.

At least 80% of administrative documents are processed completelyonline. The information systems of the GDT related to people and businesses putinto operation and exploitation are connected and interconnected through anintegrated and data-sharing platform; information of people and businesses isdigitised and stored in national databases without having to re-supply, statedthe GDT./.
VNA

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