Prime Minister Nguyen Xuan Phuc: Promoting the implementation of plan on Tax modernization

VCN- Tax is a field directly related to people and businesses and plays an important role in creating favorable business environment for businesses.
prime minister nguyen xuan phuc promoting the implementation of plan on tax modernization In 2018, the Tax sector aims to increase state budget revenue by 3% compared to the estimates
prime minister nguyen xuan phuc promoting the implementation of plan on tax modernization 122 online public services at level 4 have been implemented by Tax sector
prime minister nguyen xuan phuc promoting the implementation of plan on tax modernization Modernization of the tax system: Integration and innovation
prime minister nguyen xuan phuc promoting the implementation of plan on tax modernization
Prime Minister Nguyen Xuan Phuc

The Tax revenue reached VND 1 trillion, exceeding the estimate by 2.9%. This result highlighted the unified coordination of instruction by Tax sector and local governments, and the great efforts of the Tax sector, contributing to the socio-economic development of the country.

In 2017, the Tax sector obtained fundamental achievements, including Tax modernization enabling the wide application of e-Tax services, facilitating tax payers and contributing to increasing Vietnam’s tax payment index by 81 places according to the report on ‘Doing Business 2018’ by the World Bank. At the same time, enhancing the position of Vietnam’s Tax authority in the international market by becoming the 100th member of “Forum on Coordination on implementing the action plan on preventing base erosion and profit shifting”. The public opinion on harassment and embezzlement on Tax also reduced.

In 2018, the Tax sector must continue to implement Decree 01/ND-CP on key tasks and solutions to instruct and manage implementation of the plan on socio-economic development, and the State estimate for 2017. The entire sector is striving to increase revenue by a minimum 3% of the estimate, and reduce tax debt rate by less than 5% of the total State budget.

The Tax sector needs to promote Tax modernization by continuing to review and reform tax administrative procedures, amend and supplement professional procedures, and raise the rank of Vietnam’s Tax payment index.

To this end, it is required that the Tax sector provides specific solutions. First, is implementing tax modernization by strengthening IT application and administrative reform. Second, is studying policies and review of Tax policies to meet the requirements for innovation and integration. Third, is focusing on Tax management for business households and the non-state sector, especially in the context of the high demand for cash payment. Fourth, is enhancing the prediction ability and assessment of tax policy impacts, by regularly organizing dialogues with tax payers. Lastly, is strengthening inspection and implementing risk management measures effectively.

The General Department of Taxation needs to promote collaboration with foreign Tax authorities in developing policies and inspections to prevent tax evasion, transfer pricing, and assessing impacts of integration with the financial budget.

prime minister nguyen xuan phuc promoting the implementation of plan on tax modernization Customs sector has reduced the amount of tax debt by over VND 157 billion

VCN – Deputy Director of Import-Export Duty Department Nguyen Ngoc Hung said that, as of 31/12/2017, total ...

In 2018, the Tax sector needs to restructure its apparatus. Besides the Tax reform and IT application in Tax administration, it needs to promote specialized training for Tax officers. It also needs to publicize the spirit of transparency in the entire sector to overcome corruption, harassment, as well as launch a movement against negative acts.

By Ngoc Loan/Thuy Linh

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