At the Southern Regional conference held on October 1st, Deputy General Director Mai Son emphasized the importance of tax management for business households and individual businesses. With the rapid development of the digital economy, new business forms have posed new challenges to tax management.

The important role of business households and individual businesses 

Business households and individual businesses play an important role in the economy, creating jobs and contributing to economic growth. However, with the development of e-commerce, tax management for this group has also posed new challenges.

Issues raised

• Diversification of business forms: Business households and individual businesses are increasingly diversifying their business forms, from traditional to online and sharing economy.
• Implementation of electronic invoices: The deployment of electronic invoices generated from cash registers for business households and individual businesses faces many difficulties.
• Combating tax evasion in e-commerce: E-commerce activities pose many risks of tax evasion.

Solutions of the General Tax Department 

To address these issues, the General Tax Department has proposed a number of solutions such as:

• Evaluating tax management: A comprehensive assessment of current tax management to identify shortcomings and propose appropriate solutions.
• Promoting the deployment of electronic invoices: Strengthening communication, guidance, and support for business households and individual businesses to implement electronic invoices.
• Applying risk in tax management: Using data analysis tools to identify high-risk entities and focus on inspection and audit.
• Gradually reducing the differences in tax policies between households and enterprises: In accordance with Resolution 58/NQ-CP, the Tax Department is actively proposing amendments to legal regulations to create more favorable conditions for business households.

Conclusion 

The conference has outlined important directions for tax management for business households and individual businesses. The effective implementation of these solutions will contribute to improving tax management efficiency, creating a level playing field and favorable business environment for enterprises.