Tax sector

The Tax sector’s revenue collection reached 33% of current appropriation

10:50 | 15/04/2024 Finance

In the first quarter of the year, total revenue managed by Tax agency was estimated at VND490,196 billion, equal to 116.9% of the current appropriation in the first quarter,

Looking forward clear instructions in tax finalization in 2023

15:40 | 24/03/2024 Finance

VCN - Mr. Hoang Quang Phong (photo), Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) discussed supporting taxpayers in tax finalization in 2023.

Tax sector accompanies and supports tax finalization

09:34 | 21/03/2024 Finance

VCN - In the first months of 2024, the Tax sector has deployed peak months to support tax finalization in many different forms, thereby solving many problems in settlement of corporate income tax and personal income tax for taxpayers.

Urging issuance of e-invoices in petroleum retail

15:16 | 18/03/2024 Finance

VCN - The Government, the Prime Minister, the Ministry of Finance and other agencies have issued many instructions to implement electronic invoices on every sale at petroleum retail stores. Besides the achieved results, this work still has difficulties. T

Revenue collection increased by 10.4% over the same period in 2023

14:29 | 08/03/2024 Finance

In the context of an increasingly difficult economy, it is necessary to focus on promoting revenue management, tax refund work, and creativity in budget collection work.

Combating tax loss in e-commerce transactions

10:53 | 05/03/2024 Finance

VCN - Besides the results achieved, the implementation of tax management for e-commerce transactions is still limited. Therefore, the tax authority is required to review the actual tax management in localities to develop solutions to further strengthen ta

Striving for 2023 budget revenue to exceed estimate by 3%

15:39 | 13/12/2023 Finance

VCN - At this point, the budget collection work is entering its final stage with many efforts from the financial sector. With the goal of completing the estimate and striving to exceed the estimate by about 3%, the financial sector makes all efforts for t

The tax sector's budget revenue reached 1,336,002 billion VND

10:40 | 11/12/2023 Finance

VCN - Information from the General Department of Taxation said that as of November 30, 2023, the Tax agency had issued 16,778 VAT refund decisions with a total tax refund amount of VND 127,783 billion.

Tax sector expedites disbursement of public investment

10:37 | 07/12/2023 Finance

VCN - The report of the Department of Finance and Logistics (under the General of Taxation) shows that the total disbursed public investment reached 70.74%, including the administrative management disbursement at 75.11%; and public investment disbursement

Tax sector’s revenue estimated at over VND 1.2 million billion

19:57 | 11/11/2023 Finance

VCN – The total revenue collected by the Tax sector in October reached VND 151,000 billion, meeting 11% of the estimate and 81.1% year-on-year, the General Department of Taxation released.

Digital transformation in the tax sector

09:49 | 31/10/2023 Finance

VCN - A noteworthy achievement of the Tax sector's digital transformation is its comprehensive shift from paper invoices to electronic invoices (E-invoices), a transition of significant importance and wide-reaching impact on both tax administration and th

Pressure increases, the tax sector tries to make up for the shortfall in budget revenue

10:41 | 29/08/2023 Finance

VCN - Along with budget collection, in the first 7 months of the year, the tax sector has been effectively implementing inspection, examination, combating transfer pricing, and preventing loss of state budget revenue.

Tax sector finally implements solutions to ensure budget revenue in 2023

14:05 | 09/05/2023 Finance

VCN - The results of state budget revenue in the first months of 2023 showed a downward trend in many areas and taxes. Facing that situation, the tax sector has been actively implementing many solutions to strengthen revenue management, striving to comple

Tax sector has more modern tools to deal effectively with e-invoice fraud

20:14 | 29/04/2023 Finance

General Department of Taxation held an online conference to announce the implementation of the "E-invoice management and database analysis system".

Notes for businesses on tax policy

13:44 | 31/03/2023 Regulations

VCN - According to experts, some businesses do not understand clearly tax documents and policies, especially new ones, leading to many risks in implementation.