Tax sector implements Decree 70, accelerates digital transformation

Decree No. 70/2025/ND-CP dated March 20, 2025 has just been issued by the Government, amending and supplementing a number of articles of Decree No. 123/2020/ND-CP on invoices and documents.

At the online training conference for the entire tax sector on April 14, Deputy Director of the Tax Department Dang Ngoc Minh affirmed that this is a strong step forward in the process of digital transformation of the tax sector, creating a legal corridor for more modern, effective and transparent management.

According to Mr. Dang Ngoc Minh, Decree 70 not only helps improve the effectiveness and efficiency of tax management but also prevents and prevents increasingly sophisticated fraud. On this basis, the Tax Department issued Official Letter No. 348/CT-CS dated March 28, 2025, introducing in detail the new contents to facilitate taxpayers and implementing units.

At the conference, representatives of the International Policy and Tax Committee clearly stated 6 key groups of contents in Decree 70. Notably, there are adjustments related to the responsibilities of taxpayers, tax authorities and parties using electronic invoices (EIA); new regulations on looking up and providing information; supplementing the process of handling electronic receipts and personal income tax deduction documents; at the same time, amending a number of forms and terminology to unify understanding and implementation.

Technically, the process of managing electronic invoices and documents according to Decree 70 will replace the two previous processes currently implemented according to Decisions No. 1447/QD-TCT and 1391/QD-TCT of the General Department of Taxation. The new process is designed to reduce risks and improve the effectiveness of monitoring invoices, especially invoices with codes of tax authorities generated from cash registers - one of the forms that is being widely deployed in the retail, food and beverage, and service sectors.

A representative of the Department of Technology, Digital Transformation and Automation of the Tax Department said that the tax sector is urgently upgrading the information technology application system to meet the requirements of Decree 70, ensuring smooth data connection, supporting businesses and individuals to look up, prepare, send and receive invoices quickly and accurately.

Along with that, the tax authority is also completing a draft circular guiding the handling of administrative violations of invoices and documents, on the basis of amending and supplementing Decree 125/2020/ND-CP. Regional Tax Departments are requested to actively contribute to give comments to issue promptly when Decree 70 takes effect.

At the conference, representatives of the Regional Tax Departments gave many comments related to the formation of invoice data standards, risk management criteria, as well as proposed to perfect the process to be applied in the field.

Concluding the conference, Deputy Director Dang Ngoc Minh suggested that the entire industry focus on propagating to taxpayers, and at the same time requested leaders of Tax Departments to directly direct and inspect the implementation progress. The effective implementation of Decree 70 will be the criterion for assessing the level of task completion in 2025 of each unit.

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