Vietnam plans to expand AI-powered services and pre-filled tax declarations to simplify compliance for businesses, online sellers and digital content creators under the country’s new tax policy.
A top tax department official told a recent seminar that his department has started integrating AI chatbots into applications like eTax Mobile to help businesses and household businesses check information.
The tax authority will introduce suggested tax declaration models later to minimise manual procedures and reduce repeated data entry by taxpayers.
He, however, acknowledged that difficulties are unavoidable during the initial transition from traditional practices to the new system, according to a domestic media outlet.
Authorities will make more effective use of existing data, including business owner identification, addresses, electronic invoices and cashless payment information, to generate suggested tax declarations in future, reducing the need for taxpayers to complete filings manually.
The requirement to issue invoices for the sale of goods and the provision of services applies only to businesses, household businesses and individual business operators that are legally required to use electronic invoices, he added.
Fibre2Fashion News Desk (DS)
