According to the new regulations, from November 3, 2021 and from the fiscal year 2021, enterprises are graded A when they satisfy the condition that they will not be administratively sanctioned by competent tax authorities for the false declaration leading to tax payable shortage or an increase in exempted, reduced, refunded or non-collected tax amounts, and tax evasion; not be reminded in writing by the owner's representative agency or financial agency once about not submitting reports for financial supervision, reports on enterprise gradation, and financial reports as prescribed or on schedule.
Enterprises are classified as grade B, if in the year of assessment and classification, they are administratively sanctioned by by competent tax authorities for the false declaration leading to tax payable shortage or an increase in exempted, reduced, refunded or non-collected tax amounts, or they are reminded in writing by the owner's representative agency or financial agency twice about not submitting reports for financial supervision, reports on enterprise gradation, and financial reports as prescribed or on schedule.
Enterprises are rated grade C if they commit violations in the year, and they are sanctioned by competent authorities for administrative violations in the tax field due to having two or more different violations in the group of acts of false declaration, leading to tax payable shortdage, or increase in exempted, reduced, refunded or non-collected tax amounts, and the enterprises have acts of tax evasion according to the Government's regulations on penalties for administrative violations of taxes, invoices...
Particularly, the enterprises committing violations of tax procedures will not be evaluated and classified.
Huong Quynh