To facilitate taxpayers in personal income tax (PIT) finalization, the tax authority has issued many regulations applicable from the PIT finalization period of 2020 (implemented in 2021). Typical documents include Tax Administration Law 2019 which came into effect on July 1, 2020 and Dispatch 377/TCT-DNNCN dated February 5, 2021 on promoting the grant of electronic transaction accounts at the tax authority for individuals, issued by the General Department of Taxation. The followings are some highlights of PIT declaration and payment:
(i) Extending the deadline for submitting PIT finalization records of individuals directly finalizing tax;
(ii) Permitting online declaration and submission of tax finalization records at the Portal of the General Department of Taxation/via the National Public Service Portal.