Ho Chi Minh City Tax Department: 5,300 enterprises were inspected in 4 months

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The HCM City Tax Department.

Through examination and inspections, the Ho Chi Minh City Tax Department also reduced deducted value added tax of 149.29 billion vnd; and reduced a loss of 4,042.5 billion vnd.

In particular, for the inspections at the headquarters of enterprises, in 4 months of 2017, the Ho Chi Minh City Department of Taxation carried out inspections of 4,937 turns, reaching 28% of the plan in 2017, an increase of 3% compared to the same period.

The amount of tax arrears and fines was 514.5 billion vnd, an increase of 6% compared to the same period in 2016, the fixed tax amount was 3.3 billion vnd, reducing deductible value added tax of 113.4 billion vnd and reducing a loss of 1,800.2 billion vnd. The Tax Department has paid to the State budget 148.3 billion vnd, equivalent to s29% of the tax arrears and fines.

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For tax inspections, the number of dossiers inspected in the first 4 months of 2017 reached 398 records of enterprises, equivalent to 25.95% of the plan in 2017, a decrease of 21.03% compared to the same period. The amount of tax arrears and fines reached 846.05 billion vnd, equivalent to 39.7% of the plan, reducing deductible value added tax of 35.89 billion vnd and reducing a loss of 2,242.3 billion vnd. The Tax Department has paid to the Stae budget 451.4 billion vnd, reaching 53.36% of the total tax arrears and fines to the State budget.