VALUE-ADDED TAX ACCOUNTING: A CASE STUDY IN HANOI CITY, VIETNAM
Since its enactment, the Law on Value-Added Tax (VAT) has undergone several amendments. Compliance with the VAT Law to ensure revenue for the state budget and safeguard the interests of enterprises remains a challenging task, which is undertaken through VAT accounting in enterprises. On that basis, this paper surveyed and evaluated the current VAT accounting practices in enterprises located in Hanoi. Consequently, an evaluation of the strengths and limitations of VAT accounting at the surveyed enterprises was conducted in order to propose solutions for enhancing VAT accounting in these enterprises.
Keywords: Value-added tax, value-added tax declaration form, list of invoices and documents.
