According to this document, any tax agency falling into one of the following 5 cases will be suspended from providing tax agent services:
- They do not have at least 02 people who have been granted the tax agent practicing certificate, working full-time at enterprises for 03 consecutive months (This working period is not currently prescribed).
- They fail to provide, or insufficiently or inaccurately provide, information and documents to tax authorities as legally required.
- Disclosing information to the extent of causing material, mental or reputation harm to the taxpayer using tax agent services (unless otherwise agreed by the taxpayer or required by law).
- Using and managing the tax agent staff in contravention of the provisions of this Circular.
- Failing to make a notice or report as prescribed in Clause 8 Article 24 of this Circular within the maximum duration of 15 days after expiry of the reporting or notification deadline set by the tax authority (this is a new regulation).
The suspension period starts as of the effective date of the suspension decision by the Tax Department and ends as the violating tax agent has corrected their violation, but must not exceed 90 days from the effective date of the suspension decision.
Circular No. 10/2021/TT-BTC is entering into force as of March 12, 2021, replacing the Circular No. 117/2012/TT-BTC and the Circular No. 51/2017/TT-BTC of the Ministry of Finance.
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