On December 23, 2024, the Minister of Finance issued Circular 86/2024/TT-BTC regulating tax registration, one of the notable contents is that from July 1, 2025, fish identification numbers Individual is used instead of personal tax identification number.
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Photo 1: Personal identification number will be used in stead of personal tax code from July 1, 2025 _ Hotline: 097 211 8764
Article 38 of Circular 86/2024/TT-BTC stipulates that from July 1, 2025, taxpayers, tax administration agencies, other agencies, organizations and individuals related to the use of codes Tax according to the provisions of Article 35 of the Law on Tax Administration uses personal identification numbers instead of tax codes, specifically:
1. Taxpayers must record the issued tax code on invoices, vouchers, and documents when performing business transactions; Open a deposit account at a commercial bank or other credit institution; declare taxes, pay taxes, exempt taxes, reduce taxes, refund taxes, not collect taxes, register customs declarations and perform other tax transactions for all obligations payable to the state budget, including In cases where taxpayers operate production and business activities in many different areas.
2. Taxpayers must provide tax identification numbers to relevant agencies and organizations or record tax identification numbers on records when carrying out administrative procedures under the one-stop shop mechanism with tax administration agencies.
3. Tax administration agencies, State Treasury, commercial banks coordinate state budget collection, and organizations authorized by tax authorities to collect taxes use the taxpayer's tax code in tax management and collection. taxes into the state budget.
4. Commercial banks and other credit institutions must record tax codes in account opening documents and transaction documents through the taxpayer's account.
5. Other organizations and individuals participating in tax management use the taxpayer's assigned tax identification number when providing information related to determining tax obligations.
6. When the Vietnamese party pays money to an organization or individual with cross-border business activities based on a digital intermediary platform not present in Vietnam, the tax code issued to the organization must be used. , this individual to deduct and pay on behalf.
7. When a personal identification number is issued to the entire population, use the personal identification number instead of the tax code.
The personal identification number of Vietnamese citizens issued by the Ministry of Public Security in accordance with the law on identification is a 12-digit natural number sequence used in place of the tax code of individual taxpayers. depends on the provisions in Points k, l, n, Clause 2, Article 4 of Circular 86/2024/TT-BTC; At the same time, the personal identification number of the household representative, business household representative, or business individual is also used instead of the tax code of that household, business household, or business individual.
Thus, the Personal Identification Number will be used to replace the personal tax code from July 1, 2025.
See details in Circular 86/2024/TT-BTC effective from February 6, 2025 except for the provisions in Clause 2, Article 38 of Circular 86/2024 effective from July 1, 2025
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