Currently, the Draft Law on Tax Administration is being drafted and consulted by competent agencies to overcome the inadequacies of the Law on Tax Administration 2019 and promote the modernization and comprehensive digital transformation of tax collection management, apply modern, interconnected and integrated information technology to promote digital transformation in tax management. Some new provisions of the Draft Law might affect individuals, enterprises and organizations, including:

(i) Supplement of subjects considered as taxpayers to match the development of e-commerce activities and new economic models;
(ii) Supplement of regulations on taxpayer classification to facilitate and support them in actively complying with tax regulations;
(iii) Reduction of the time for additional declaration;
(iv) Amendment and supplement of taxpayers’ rights and obligations.