According to the National Assembly’s Committee on Finance and Budget, the major bottleneck in value-added tax (VAT) refunds is due to professional craftsmanship; complexity, overlap and too many warning texts; along with a lack of clarity about the scope of implementation; and especially the lack of uniform application of risk management in tax refund management…
- Slower VAT refunds from 2022
- The tax industry still does not have a risk management application
- Definitively handle the backlog of applications
Source: thesaigontimes.vn