Making tax reports is a task of the company’s accounting department that must be performed within a certain time. So what is a tax report ? What does a tax report include? Let’s find out the above issues with MISA MeInvoice electronic invoice right in the content of the article below.
What is a tax report? Types of tax reports
Note: Before learning about tax reporting, you can learn general information about taxes in the article for further reading.What is tax? – 4 things businesses must KNOW
Table of Contents Hide
1. Overview of tax reporting
1.1. What is a tax report?
1.2. Deadline for submitting tax reports
2. Types of tax reports that must be submitted monthly and quarterly
2.1. VAT
2.2. Personal Income Tax
2.3. Corporate Income Tax
2.4. Report on invoice usage
3. Instructions for making the most accurate monthly and quarterly tax reports
4. Notes when making monthly and quarterly tax reports
5. Conclusion
1. Overview of tax reporting
To understand the core mission of tax reporting, please read about the concept of tax reporting.
Tax reporting is one of the activities that involves declaring input VAT invoices as well as output VAT invoices for activities arising during the process of purchasing goods and using services.
In addition to the function of declaring VAT invoices, tax reports are also a bridge between tax authorities and enterprises to help tax israel telegram data authorities grasp the current operating situation of enterprises. Because tax reports are an important bridge, tax reporting should be submitted on time and the information contained in the report must be checked in detail and most accurately.
Learn more:
What is value added tax ? What is VAT? Summary of important contents about VAT
1.2. Deadline for submitting tax reports
Failure to submit tax reports on time will maintain control the social media channels show the public image result in the enterprise being penalized according to the provisions of law, so the accounting department responsible for preparing tax reports needs to pay close attention. Pursuant to Article 44 of the Tax Administration Law No. 38/2019/QH14, it is stipulated that:
The deadline for submitting tax declarations for monthly vietnam data and quarterly taxes will have different deadlines, specifically as follows:
+ The deadline for submitting tax declarations and tax amounts of enterprises reporting monthly is
no later than the 20th day of the following month.
+ The deadline for submitting tax declarations and tax amounts of enterprises reporting quarterly is no later than the 30th day of the first month of the following quarter.
The deadline for submitting tax declarations for taxes with annual tax periods is specified as follows:
+ No later than the last day of the third month from the end of the calendar year or fiscal year for annual tax settlement dossiers; no later than the last day of the first month of the calendar year or fiscal year for annual tax declaration dossiers;
+ No later than the last day of the 4th month from the end of the calendar year for personal income tax settlement dossiers of individuals directly settling taxes