Resolution 19-2017/NQ-CP: Tax reform into reality

VCN- After Government Resolution 19-2017/NQ-CP of 6th February 2017 on further implementation of the tasks and key measures to improve the business environment and enhance national competitiveness in 2017, targeting to 2020, the General Department of Taxation has actively set up a specific action plan with the goal: In 2017, tax reform will meet the expectation of taxpayers, and be appreciated by the international community.
thuc hien nghi quyet 19 2017nq cp cai cach thue di vao vung loi Personal luggage standards for tax exemption when entry to Vietnam
thuc hien nghi quyet 19 2017nq cp cai cach thue di vao vung loi Establishing a database of transfer pricing and tax evasion
thuc hien nghi quyet 19 2017nq cp cai cach thue di vao vung loi Many fraud tricks of Value Added Tax
thuc hien nghi quyet 19 2017nq cp cai cach thue di vao vung loi
The Taxation should reform policies and administrative procedures drastically. Photo: Thuy Linh.

Comprehensive reform

In Government Resolution No. 19-2017/NQ-CP in 2017, targeting to 2020, Taxation should perform comprehensive solutions on administrative reform which focuses on removing difficulties for production and business of enterprises. The most important goal of Taxation is to achieve the average level of ASEAN-4 on tax administration reform including 3 indicators: Tax refund and risk management, tax inspections; timing and results of tax complaints. Taxation must strive for the time of tax payment of less than 119 hours per year, and to 2020, the maximum time of tax payment will be 110 hours per year. Also, Taxation needs to continue to improve financial institutions and financial services to create a fair business and investment environment for enterprises and citizens.

Speaking to a reporter of the Customs Newspaper, Mrs. Nguyen Thi Cuc, the Chairwoman of Tax Consultants’ Association said that in recent times, Taxation had made relentless efforts to meet the requirements of Resolution 19, which was appreciated by the Government and the business community. In the period 2014-2016, the General Department of Taxation strived to reduce the time of tax payment to 117 hours in line with the objectives set out in Resolution 19-2017/NQ-CP. According to the business environment report in 2017 published by the World Bank (WB) in October 2016, the index of ease of paying taxes in Vietnam was improved significantly compared to previous years, but the time of tax payment remained at a high level. According to Mrs. Nguyen Thi Cuc, the cause of the above difference is that in the report of the business environment in 2017 (assessment results for 2015), the World Bank ranked countries only for 2 criteria (VAT refund and inspections of corporate income tax). However, currently, Taxation is assessed on the basis of 4 criteria: times of tax payment, time of tax payment, the total tax rate and index after declaration. Along with that, the assessment of the WB was released 2 years later, so many Taxation reforms have been implemented, but not yet recorded.

"Although the target is quite difficult to meet according to the WB, the time of tax payment in Vietnam has been reduced significantly. Therefore, I think the goal in 2017 can be achieved if Taxation can implement policy reforms and administrative procedure reforms drastically", Mrs. Cuc said.

Effectiveness from policies to practice

In accordance with the goals set out in Resolution 19-2017/NQ-CP on Taxation, in the draft Action Program, the General Department of Taxation has issued a number of solutions to implement the objectives of Resolution No. 19-2017/NQ-CP including: Solutions to achieve the objectives of supporting and removing difficulties for enterprises in the field of production and business; solutions to achieve the target of ASEAN-4 on tax administration reform; solutions related to the implementation of online public services at level 4, including IT application in the declaration, payment and electronic reimbursement at the rate of 95%; and solutions on reduction of tax payment, development of Taxation systems; implementation of value-added services for electronic transactions; revision of administrative reforms in State agencies under the Ministry of Finance. According to the leaders of the General Department of Taxation, in order to perform these jobs, Taxation should focus on reviewing tax policies to remove shortcomings and drawbacks.

Mrs. Nguyen Thi Cuc said: "Administrative reforms should focus on 3 main contents: Institutional policies, management technology for IT application and organizational structure. In particular, we should focus on the "core area" of Taxation, including VAT refunds, publicity of data on tax refund; and tax reimbursement in accordance with the Law. Also, we need to conduct tax administration on the basis of the level of risk management, the level of law observance of taxpayers and the validity of economic transactions. For institutional policies on business, we should reform towards simplification and transparency. In addition, Taxation also needs to build institutional policies in line with international practices on the basis of modern processes, particularly IT application in databases on tax accounting".

thuc hien nghi quyet 19 2017nq cp cai cach thue di vao vung loi Tax losses due to an epidemic of trading without invoices: Artical 1- Disclosure and daily occurrence

Although the law has provisions on the preparation of invoices and billing for the sale of goods ...

Mrs. Cuc stressed that in accordance with Resolution 19-2017/NQ-CP, the relevant Ministries and Departments are determined to set out the objectives and measures to meet the goal. However, Taxation should focus on conducting these measures drastically, ensuring effectiveness from policies to practice, appreciated by people and the business community. Thus, the goal of improving the business environment and enhancing the competitiveness of the Government will achieve good results.

By Thuy Linh/ Hoang Anh

Related News

Vietnam

Vietnam's daily import expenditure surpasses VND25,000 billion

VCN - From the beginning of the year to mid-October, on average, Vietnam spent more than USUS$1 billion (equivalent to more than VND25,000 billion) each day importing goods.
Vietnam - UAE trade grows to billions of dollars

Vietnam - UAE trade grows to billions of dollars

VCN - Updated by the General Department of Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) sees a year-on-year increase of more than US$1.4 billion to nearly US$5 billion
Launch of the “Proud of 80 years of construction and development of Vietnam Customs” contest

Launch of the “Proud of 80 years of construction and development of Vietnam Customs” contest

VCN - Towards the 80th anniversary of Vietnam Customs' tradition (September 10, 1945 - September 10, 2025), the General Department of Vietnam Customs (GDVC) launches the “Proud of 80 years of construction and development of Vietnam Customs” contest.
Vietnam, Laos cooperate effectively in combating drug crimes

Vietnam, Laos cooperate effectively in combating drug crimes

VCN - Through the coordination between the Vietnamese Ministry of Public Security and the Lao Ministry of Public Security, many drug cases have been promptly solved, including many major cases.

Latest News

State President welcomes top legislator of Cuba

State President welcomes top legislator of Cuba

State President Luong Cuong met with Politburo member, President of the National Assembly of People’s Power, and President of the Council of State of Cuba Esteban Lazo Hernandez in Hanoi on November 2.
Remove "bottlenecks" for economic breakthrough

Remove "bottlenecks" for economic breakthrough

VCN - In recent articles and speeches, General Secretary and President To Lam has repeatedly mentioned that the country is facing a new era of national growth. General Secretary and President To Lam also requested that the “bottlenecks” of the economy must be quickly removed, creating innovation and breakthroughs to complete the set tasks.
Int’l organisations, experts remain optimistic about Vietnam's economic outlook

Int’l organisations, experts remain optimistic about Vietnam's economic outlook

International organisations and experts have made positive comments on the Vietnamese economy, affirming their optimism about Vietnam's economic outlook.
Party chief clarifies major issues on new era of nation

Party chief clarifies major issues on new era of nation

Prof. Dr. To Lam, General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee on October 31 had a discussion with participants of a training course for officials planned for the 14th Party Central Committee, focusing on a number of issues on a new era – the era of the nation’s rise.

More News

Vietnam, others call on US to immediately end embargo against Cuba

Vietnam, others call on US to immediately end embargo against Cuba

Vietnam calls on the US to immediately end its embargo against and remove Cuba from the list of state sponsors of terrorism, moving towards normalising relations between the two countries based on equality, mutual respect, and respect for each other's national sovereignty and political independence, stated Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.
Vietnam

Vietnam's economy is recovering well

VCN - According to Dr. Nguyen Quoc Viet, Deputy Director of the Vietnam Institute for Economic and Policy Research (VEPR), by the end of the third quarter of this year, Vietnam's economy had recovered relatively well amid optimism about the overall growth of the world economy in late 2024 and 2025.
“Carbon footprint” reduction needed for sustainable tourism development: insiders

“Carbon footprint” reduction needed for sustainable tourism development: insiders

Vietnam's tourism industry is making efforts to reduce its “carbon footprint” in pursuit of sustainability, focusing on developing “green tours”, upgrading transport infrastructure, and developing renewable energy-used vehicles, said insiders.
Concerted efforts underway to prevent IUU fishing

Concerted efforts underway to prevent IUU fishing

Vietnam is making thorough preparations to welcome the European Commission (EC)'s inspection delegation with the hope of having its “yellow card” on illegal, unreported and unregulated (IUU) fishing against the fisheries sector removed, thus boosting seafood exports to the EU market.
Vietnam needs to diversify supply chains for sustainable growth: economists

Vietnam needs to diversify supply chains for sustainable growth: economists

The diversification of global supply chains is creating significant opportunities for Vietnam to engage more deeply in international production networks. However, along with market expansion prospects, there are challenges posed by trade tensions, the reality of climate change accompanied by natural disasters, and the requirements for carbon emissions reduction, according to experts.
PM arrives in Abu Dhabi, beginning official visit to UAE

PM arrives in Abu Dhabi, beginning official visit to UAE

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam arrived at Zayed International Airport in Abu Dhabi at 11 am on October 27 (local time), starting their official visit to the United Arab Emirates (UAE) at the invitation of President Mohamed bin Zayed Al Nahyan.
Big rebound forecast for southern industrial property market in 2025

Big rebound forecast for southern industrial property market in 2025

Despite a challenging 2024 marked by global economic uncertainties and regulatory changes, the industrial property market in the south is poised for a robust recovery in 2025, according to property consultancy Knight Frank.
Vietnams tourism likely to boom under "Six Countries, One Destination" visa initiative

Vietnams tourism likely to boom under "Six Countries, One Destination" visa initiative

A shared visa zone for the Southeast Asia region, similar to Europe’s Schengen visa mechanism, could be a game-changer Vietnam’s tourism sector needs. The proposed “Six Countries, One Destination” initiative aims to facilitate seamless travel across six neighboring countries, thus boosting regional tourism.
Vietnamese Prime Minister to visit UAE, Qatar, Saudi Arabia

Vietnamese Prime Minister to visit UAE, Qatar, Saudi Arabia

Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation of Vietnam will pay official visits to the United Arab Emirates (UAE) and Qatar, attend the 8th Edition of the Future Investment Initiative (FII) and make a working trip to Saudi Arabia, from October 27 to November 2.
Read More

Your care

Latest Most read
State President welcomes top legislator of Cuba

State President welcomes top legislator of Cuba

State President Luong Cuong met with Politburo member, President of the National Assembly of People’s Power, and President of the Council of State of Cuba Esteban Lazo Hernandez in Hanoi on November 2.
Remove "bottlenecks" for economic breakthrough

Remove "bottlenecks" for economic breakthrough

General Secretary and President To Lam requested that the “bottlenecks” of the economy must be quickly removed, creating innovation and breakthroughs to complete the set tasks.
Int’l organisations, experts remain optimistic about Vietnam's economic outlook

Int’l organisations, experts remain optimistic about Vietnam's economic outlook

International organisations and experts have made positive comments on the Vietnamese economy, affirming their optimism about Vietnam's economic outlook.
Party chief clarifies major issues on new era of nation

Party chief clarifies major issues on new era of nation

Prof. Dr. To Lam, General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee on October 31 had a discussion with participants of a training course for officials planned for the 14th Party Central Committee, focusing on a number of issues on a new era – the era of the nation’s rise.
Vietnam, others call on US to immediately end embargo against Cuba

Vietnam, others call on US to immediately end embargo against Cuba

Vietnam calls on the US to immediately end its embargo against and remove Cuba from the list of state sponsors of terrorism, moving towards normalising relations between the two countries based on equality, mutual respect, and respect for each other's national sovereignty and political independence, stated Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.
Mobile Version