Tax sector exceeds revenue target 2024

Tax sector exceeds revenue target 2024

VCN - “These tax support policies have directly impacted the financial resources of enterprises, contributing to maintaining production and business and promoting consumption, thereby creating momentum for economic recovery and development,” said Minh.
Tax sector determines to take enterprises as the center of service

Tax sector determines to take enterprises as the center of service

That was the affirmation of Deputy General Director of the General Department of Taxation Mai Son at the Tax - Customs forum in 2024 organized by Vietnam Financial Times
Tax sector collects over VND1,019 million billion

Tax sector collects over VND1,019 million billion

VCN - According to the General Department of Taxation, total revenue in the seven months of 2024 managed by tax authorities rose 14.9% year-on-year to 68.6% of the estimate or VND1,019,702 billion. This result shows the uneven and sustainable recovery of
Tax sector cooperate with Police agency to prevent fraud of tax invoice

Tax sector cooperate with Police agency to prevent fraud of tax invoice

The acts of law violation on electronic tax invoices took place complicatedly with many different tricks. To prevent fraud, the tax sector has applied several drastic measures.
The Tax sector’s revenue collection reached 33% of current appropriation

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

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

Looking forward clear instructions in tax finalization in 2023

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

Tax sector accompanies and supports tax finalization

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

Urging issuance of e-invoices in petroleum retail

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

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

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

Combating tax loss in e-commerce transactions

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%

Striving for 2023 budget revenue to exceed estimate by 3%

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

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

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

Tax sector expedites disbursement of public investment

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

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

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

Digital transformation in the tax sector

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
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