The Hanoi Taxation Department: It is necessary to focus further on collection tasks

VCN- In the afternoon of July 10th, the Hanoi Taxation Department held a preliminary review conference on taxation in the first half of the year, deploying tasks in the last 6 months of 2017.
the hanoi taxation department it is necessary to focus further on collection tasks
The conference scene.

Reach over 50% of collection

Reported here, Mr. Mai Son - Deputy Director of The Hanoi Taxation Department said: Determining the implementation of the State budget collection task in 2017 was very difficult, from the beginning of the year, The Hanoi Taxation Department implemented actively the many synchronous solutions of the State budget collection for each department, the Taxation Sub- Department, each Taxation Team and the whole staff. The Hanoi Taxation Department also assigned the State budget collection task of 2017 for each of Head and Deputy Head of Division, Head and Deputy Head of Sub-Department to attach the responsibilities of the leaders to each revenue, each collection figure that they are in charge of, on that basic, tasks were deployed to every officers.

So that, the performance of the collection task in the first 6 months achieved satisfactory results. Total realized budget collection was 93.931 trillion VND, reaching 50.1% of the ordinance budget forecast, up 18% over the same period.

Regarding the tax verification and inspection, against loss in budget collection, in the first 6 months, the unit completed 8,155 inspections, reaching 44.8% of the plan and up 79.6% over the same period; Collect arrears, refund arrears and fine were 1,168 billion VND, up 6.9% over the same period; Reduce deducting was 134.6 billion VND.

The Ha Noi Taxation Department implemented the project and completed to stick the stamp on 100% of gas stations in the area (306 petroleum businesses with 484 gas stores, stations); Made the text message notification to 13,422 account holders of business individuals on social networking websites that the individuals could review themselves, identify and understand their responsibilities of tax declaration and payment, at the same time, assisted the individuals to make registration as required, to avoid tax risks after that and initially, that brought the positive effects.

In particular, it was identified that the problem of tax debts was still one of the major challenges, so, in January 2017, the Hanoi Taxation Department directed the units to implement drastic measures to urge and enforce tax debts in complying with regulations and processes, especially focused on the objects with large debts and receivable debts; To review, identify and classify correctly debts under regulated criterions; To analyse regularly the current financial situation, the cash flow of tax debt companies to focus on urging timely.

In the first six months of the year, the number of coercive decisions via deducting from accounts increased 11.5% over the same period; Enforcement by notification of invoices that had no using value increased 85.5% over the same period. Debts earned in the first 6 months were 6,445 billion VND; The unit made public 6 rounds of the listing of 792 units owed tax and fees, rental land with a total amount of 2.793 billion VND.

Comprehensive and effective implementation of the measures and solutions mentioned above contributed to 8% reduction of the debt being able to collect in June 30th, 2017 compared with December 31st, 2016.

Pay attention to anti-price transfer

Addressing the conference, Deputy Minister of Finance Mr. Do Hoang Anh Tuan and Mr. Nguyen Doan Toan - Vice Chairman of Hanoi People's Committee. - admitted, praised and appreciated the positive results that the Tax Department of the Capital achieved in the past 6 months.

According to a representative of Hanoi, the task in the last 6 months was still quite hard when the State budget revenue of many items had still not reached the estimates. The Hanoi Tax Authority should acknowledge specifically to propose appropriate solutions. Along with that, they should continue solutions to solve difficulties for the enterprises through organizing the dialogues, deepening to find out the difficulties and obstacles of the enterprises to remove timely, to facilitate the development of the enterprises, so that, this would create a sustainable source of revenue for the Tax. In the process of recognition, for the difficulties and problems beyond the authority, the Hanoi Taxation Department should report promptly to the General Department of Taxation, the Ministry of Finance and the leaders of Hanoi to find the solutions.

Mr. Toan said that: the Tax authorities should continue to urge the debt collection by the specific solutions such as review regularly the number of the enterprises, in coordination with the related Branches to report to the People's Committee of the city to meet the enterprises and listen to their recommendations and urge to pay taxes.

Agreeing with the idea, Deputy Minister Do Hoang Anh Tuan added: The inspection, examination, and handling of non-performing debts should pay attention to the implementation of Decree No. 20/2017/ND-CP regulating on the tax management for the enterprises with linked transactions. At present, the number of the foreign invested enterprises in the area has been quite large, but their contributions to the city have been not commensurate with the scale of investment as well as the preferences they have enjoyed. Therefore, the Deputy Minister proposed to focus on implementing anti-price transfer to create stronger transformation, enhance the struggle of the Taxation authorities.

In addition, in order to implement Resolution No. 07-NQ/TU of the Politburo on policies and solutions to restructure the State budget, manage the public debts, also aim at reforming and facilitating the production and business operations, the Hanoi Taxation Department should do the advising role well, help the People's Committee, the Departments, Divisions, Branches and the business associations and contribute to the process of drafting the Law amending and supplementing the five laws on tax.

In addition, other tasks such as transferring the use of traditional invoices to electronics; Completing electronic tax refund level 4 reaches 100%; Advising to build the accounting system supporting business activities; Concretizing the application of information technology; Fixing the lack of updates the database timely to switch to the risk management; Building the electronic Taxation offices to build e-government; Electronizing the internal activities,... should also be promoted.

Leaders of the Ministry of Finance and leaders of the Hanoi People's Committee believed that with the spirit of solidarity, unanimity, creativity, the Hanoi Taxation Department would complete the assigned tasks in 2017.

By Hong Van / Binh Minh

Related News

Ensure harmony of interests of “3 parties” when applying 5% VAT on fertilizers

Ensure harmony of interests of “3 parties” when applying 5% VAT on fertilizers

VCN - In the short term, applying 5% VAT on fertilizers may increase selling prices, but in the long term, farmers will benefit from this policy. When the fertilizer manufacture is deducted input tax, it will help reduce investment cost and production cost.
Tax, fee, and land rent exemption, reduction, and deferral policies: a driving force for business recovery and growth

Tax, fee, and land rent exemption, reduction, and deferral policies: a driving force for business recovery and growth

Recently, the implementation of a series of policies on tax, fee, and land rent exemption, reduction, and deferral has provided timely support for businesses to recover and develop, thereby making positive contributions to economic growth.
Applying tax on animal feed ingredient faces problems due to specialized regulations

Applying tax on animal feed ingredient faces problems due to specialized regulations

VCN - The unified application of regulations of specialized legal documents related to value-added tax (VAT) policies on imported raw materials for animal feed has caused many problems. Notably, the accurate identification for imported raw materials for animal feed not only causes difficulties for the enterprise but also for the enforcement authority.
How to handle export processing enterprises forgetting to open a corresponding import declaration

How to handle export processing enterprises forgetting to open a corresponding import declaration

VCN - From 2014 to 2019, Dragonjet Vietnam Co., Ltd. (headquartered in Que Vo Industrial Park, Bac Ninh) opened 17 on-site export declarations of domestic enterprises, however, the company “forgot” to open a corresponding import declaration. Dragonjet Vietnam Co., Ltd proposed the Customs authority to instruct tax procedures and policies and whether failure to register a corresponding declaration will result in tax imposition?

Latest News

M&A activities show signs of recovery

M&A activities show signs of recovery

Mergers and acquisitions (M&A) activities in Vietnam have been showing signs of recovery in recent months as several large companies announced finished deals, which may create a ripple effect in the M&A market.
Fiscal policy needs to return to normal state in new period

Fiscal policy needs to return to normal state in new period

VCN - To recover the economy during and after the Covid-19 pandemic, fiscal policy has been flexibly and promptly managed, becoming a solid foundation to help businesses and the economy gradually overcome difficulties. After nearly 5 years, although there are still difficulties, the economy is gradually returning to a high growth trajectory. In that context, it is necessary to let fiscal policy return to normal state.
Ensuring national public debt safety in 2024

Ensuring national public debt safety in 2024

VCN - Since the beginning of the year, public debt management has been conducted proactively and effectively, meeting the need of raising capital for development investment. At the same time, debt indicators by the end of 2024 are guaranteed within the ceiling and safety threshold approved by the National Assembly, ensuring national financial security, increasing proactive response to risks arising from external and internal causes of the economy.
Removing many bottlenecks in regular spending to purchase assets and equipment

Removing many bottlenecks in regular spending to purchase assets and equipment

VCN - Decree No. 138/2024/ND-CP, which has just been issued, is expected to contribute to resolving bottlenecks in allocating funds for purchasing assets and equipment; renovating, upgrading, expanding, and constructing new construction items in projects that have been invested in and constructed in the past.

More News

Continue to handle cross-ownership in banks

Continue to handle cross-ownership in banks

VCN - The situation of excess share ownership, cross-ownership between credit institutions (CIs), CIs and enterprises, although has decreased significantly compared to previous periods, is still complicated and requires continued inspection and control.
Striving for average CPI not to exceed 4%

Striving for average CPI not to exceed 4%

VCN - According to the report of the Ministry of Finance, there are still some factors that put pressure on price levels in the remaining months of 2024, so the Ministry has updated 2 scenarios of average inflation in 2024 increasing in the range of 3.7-3.92%.
Delegating the power to the government to waive, lower, or manage late tax penalties is suitable

Delegating the power to the government to waive, lower, or manage late tax penalties is suitable

VCN - Discussing in groups about the project "1 law amending 7 laws" in the financial sector according to the program of the 8th Session on October 29, 2024, National Assembly delegates proposed that the Government should be assigned to make specific regulations on decentralization, granting the right to exempt and reduce taxes, and handling penalties for late payment of taxes...
Removing difficulties in public investment disbursement

Removing difficulties in public investment disbursement

VCN - According to the report of the Investment Department (Ministry of Finance), the estimated disbursement from the beginning of the year to October 31, 2024 is VND 355,616.1 billion, reaching 47.43% of the 2024 plan, reaching 52.29% of the plan assigned by the Prime Minister.
State-owned commercial banking sector performs optimistic growth, but more capital in need

State-owned commercial banking sector performs optimistic growth, but more capital in need

VCN - According to the report sent to the National Assembly before the 8th Session of the Government on investment, management and use of state capital in enterprises nationwide in 2023, the business performance of the state-owned commercial banking sector achieved positive growth.
Stipulate implementation of centralized bilateral payments of the State Treasury at banks

Stipulate implementation of centralized bilateral payments of the State Treasury at banks

VCN - The Ministry of Finance (MOF) gathers feedback on the draft Circular regulating the management and use of accounts of the State Treasury opened at the State Bank of Vietnam (SBV) and commercial banks.
Rush to finalize draft decree on public asset restructuring

Rush to finalize draft decree on public asset restructuring

VCN - According to the Ministry of Finance, the draft Decree regulating the rearrangement and handling of public assets is being urgently completed by the Ministry of Finance to submit to the Government for promulgation.
Inspection report on gold trading activities being complied: SBV

Inspection report on gold trading activities being complied: SBV

The State Bank of Vietnam (SBV) has announced that inspections on compliance with legal policies in gold trading activities of credit institutions and gold trading businesses have been completed and an inspection report is being compiled.
Budget revenue in 2024 is estimated to exceed the estimate by 10.1%

Budget revenue in 2024 is estimated to exceed the estimate by 10.1%

VCN -The Government estimates that state budget revenue in 2024 will exceed VND 172.3 trillion, up 10.1% over the estimate, of which tax and fee revenue will reach 13.1% of GDP.
Read More

Your care

Latest Most read
M&A activities show signs of recovery

M&A activities show signs of recovery

Mergers and acquisitions (M&A) activities in Vietnam have been showing signs of recovery in recent months as several large companies announced finished deals, which may create a ripple effect in the M&A market.
Fiscal policy needs to return to normal state in new period

Fiscal policy needs to return to normal state in new period

VCN - To recover the economy during and after the Covid-19 pandemic, fiscal policy has been flexibly and promptly managed, becoming a solid foundation to help businesses and the economy gradually overcome difficulties. After nearly 5 years, although there
Ensuring national public debt safety in 2024

Ensuring national public debt safety in 2024

VCN - Since the beginning of the year, public debt management has been conducted proactively and effectively, meeting the need of raising capital for development investment. At the same time, debt indicators by the end of 2024 are guaranteed within the ce
Removing many bottlenecks in regular spending to purchase assets and equipment

Removing many bottlenecks in regular spending to purchase assets and equipment

Decree No. 138/2024/ND-CP, which has just been issued, is expected to contribute to resolving bottlenecks in allocating funds for purchasing assets and equipment
Continue to handle cross-ownership in banks

Continue to handle cross-ownership in banks

VCN - The situation of excess share ownership, cross-ownership between credit institutions (CIs), CIs and enterprises, although has decreased significantly compared to previous periods, is still complicated and requires continued inspection and control.
Mobile Version