Property Rental Household Businesses: Is Bank Account Notification to the Tax Authority Required?
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The Ministry of Finance responded to a question about whether an individual whose only activity is property rental (using tax declaration form 01/BDS) must notify the tax authority of their bank account number (form 01/BK-STK), pursuant to Article 13(4) of Decree 68/2026/ND-CP and Article 4(1)(d) of Circular 18/2026/TT-BTC. Based on the Ministry of Finance's written response shown in the official image: The MoF cited Article 13(4) of Decree 68/2026/ND-CP and Article 4 of Circular 18/2026/TT-BTC to indicate that the bank account notification requirement applies to household businesses and individual traders using form 01/CNKD. Individuals whose only activity is property rental and who use form 01/BDS fall under a different category; they should refer specifically to the guidance in Circular 18/2026/TT-BTC and contact the local Tax Department for specific guidance.
Ministry of Finance Guidance: Bank Account Notification for Property Rental Individuals
Question: Must an individual whose only activity is property rental (using tax form 01/BDS) notify the tax authority of their bank account number (form 01/BK-STK) under Article 13(4) of Decree 68/2026/ND-CP and Article 4(1)(d) of Circular 18/2026/TT-BTC?
Legal References
- Article 13(4) of Decree No. 68/2026/ND-CP dated 5 March 2026
- Article 4(1)(d) of Circular No. 18/2026/TT-BTC
Ministry of Finance Guidance
The bank account notification requirement for business-related accounts (form 01/BK-STK) under Article 13(4) of Decree 68/2026/ND-CP and Circular 18/2026/TT-BTC applies to household businesses and individual traders using tax declaration form 01/CNKD.
An individual whose only activity is property rental and who uses declaration form 01/BDS is a different category of taxpayer. To determine whether they must notify their bank account number, the questioner should:
- Review the specific guidance in Circular 18/2026/TT-BTC
- Contact the local Tax Department for specific guidance based on their actual situation.