Strictly managing businesses at high risk of using illegal invoices

Wed, 04 Aug 2021 14:04:00  |  Print  |  Email   Share:

The General Department of Taxation has asked tax departments to rectify, inspect, review and take solutions for taxpayers who are at risk of buying, selling or using illegal invoices.

Many cases of illegal trading of value-added invoices have been discovered

Some enterprises have taken advantage of policies that allow them to issue invoices to use illegal invoices and buy and sell illegal invoices.

Therefore, the General Department of Taxation requested local Tax Departments to guide taxpayers to strictly comply with Law on Tax Administration and abide by regulations on the use of invoices; promote the dissemination of illegal trade of invoices and sanctions for each violation act so taxpayers avoid participating in invoice trading; coordinate with communication units to publicise information about firms that commit acts of buying and selling invoices, contributing to "warning" those who have been and are intending to violate the law on invoices.

The General Department of Taxation told all tax units to review and supervise enterprises at high risk of illegal printing, issuing, trading and using of invoices.

The General Department has issued official dispatches on solutions to prevent, detect and handle violations of the law on management and use of invoices; strengthen the review, inspection and detection of taxpayers showing signs of risks in management and use of invoices.

At the same time, collect information on taxpayers' data managed by tax departments and tax branches and information on taxpayers from other agencies like banks, Government Inspectorate, State Audit, other agencies; and from denunciation letters and media agencies.

In addition, identify violation signs of methods taxpayers use to buy, sell and use invoices like businesses that have issued invoices in large quantities but have suspended their operation or businesses that have notified of abandoning their business addresses but have applied for re-operation, showed large fluctuations in revenue, used many invoices but have not raised tax payable or paid tax that was not commensurate with the revenue; or firms that report zero volume of used invoices or unusually large number of used invoices.

The document also states tax units in charge of verifying the operation status of the taxpayer at the address registered with the tax agency according to regulations.

At the same time, work with each other to update information about taxpayers who do not operate at their registered address to publicly announce information about the enterprise that has issued invoices but escaped or suspended operations, or businesses illegally use invoices on tax websites and mass media to prevent violations of tax law and illegal trading of invoices.

In particular, official dispatches require tax units to review and evaluate businesses at high risk of invoices to carry out inspections.

By: Thuy Linh/ Huyen Trang/Customsnews



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