Tax refund reached more than 19 trillion vnd

	Ho Chi Minh City drastically reforms tax administrative procedures
	Increasing electronic tax declaration and reducing tax finalization at Tax agencies
	No tax exemption or tax refund if enterprises do not manufacture

Operations at the tax office. Photo: Thuy Linh.

In the first 3 months of 2017, there were 3,739 taxpayers who requested a tax refund, with the total number of applications for a tax refund (including applications in 2015 and 2016) of 6,511 dossiers, equivalent to the total amount of 39,024 billion vnd.

Specifically, the tax authorities at all levels conducted the initial inspections and notified taxpayers of 579 dossiers which were not subject to the case of VAT refund with the total amount of 3,077 billion vnd.

The number of dossiers for a refund of VAT by the tax authorities was 4,218 dossiers, with the total amount of 19,081 billion vnd.

Regarding the situation of VAT refund through the State Treasury, according to the General Department of Taxation, the total amount of VAT refund by 26th April 2017 was 32,713 billion vnd, equivalent to 31.15% of the VAT refund estimate in 2017 which was approved by the National Assembly.

In particular, expenditure in 2016 which was equal to the previous estimate of 2017 was 4.924 billion vnd. At present, the General Department of Taxation has completed the budget transfer to 2017 and expenditure in 2017 of 27,789 billion vnd (expenditure for the Decisions issued in 2016 was 975 billion vnd).

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The total refunded VAT for the State budget (reduction of VAT refund) by 26th April 2017 was 339.8 billion vnd.