The Ministry of Finance has proposed to cancel tax debts or fines prior to July 2007 for individuals and state-owned enterprises that are no longer be able to make their repayments.
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To qualify households and individuals must prove that they are in financial trouble, have ceased operations and cannot repay their debts.
State-owned enterprises that have been dissolved, equitised or transferred ownership will be forgiven of tax when they were independent cost-accounting firm, have the decision to dissolve agreed by a provincial people's committee or from their managing ministries before July 1, 2013.
Amnestied taxes include excise tax, VAT, income tax, natural resource taxes and other kinds of administrative fees.
Fines for late payment and fines for administrative violations in the tax domain prior to July 2007 will also be forgiven.
The authority to cancel tax arrears for individuals or dissolved state-owned enterprises will be given to chairman of provincial people's committee or major cities.
The other cases must be reviewed by the minister of finance.
