Preventing loss of state budget

In the context of the economy still facing many difficulties and challenges due to political factors, the Tax Department has closely followed and strictly implemented the directions of the Government and the Ministry of Finance in managing the state budget collection work.

Illustrative photo. Source: VGP

2025 is a year of acceleration and breakthrough, which is of special significance in the successful implementation of the 5-year Socio-Economic Development Plan 2021-2025. In the context of the economy still facing many difficulties and challenges due to political factors, the Tax Department has closely followed and strictly implemented the directions of the Government and the Ministry of Finance in managing the state budget collection.

Right from the beginning of the year, the Tax Department directed the entire sector to strengthen tax inspection and examination, and prevent loss of State budget revenue, focusing on high-risk industries and sectors with large revenue potential. At the same time, it continued to modernize tax inspection, reform administrative procedures and create favorable conditions for taxpayers, and improve the capacity of tax inspectors to improve the quality and effectiveness of inspection work.

Regarding inspection and examination work, the Tax Department said: The sector has instructed local tax agencies to develop inspection and examination plans for 2025, focusing on industries and fields with high tax risks and large revenue potential: related transactions, e-commerce, digital platform business... strengthening management and strict control of tax refunds and invoices. At the same time, continue to modernize tax inspection and examination work, reform administrative procedures and create favorable conditions for taxpayers, improve the capacity of tax inspection and examination officers to improve the quality and efficiency of inspection and examination work, ensure correct, full and timely collection of the state budget.

In the first months of 2025, the whole industry has implemented and completed the previous year's inspections and simultaneously developed inspection plans and key inspection topics for high-risk enterprises with large revenue potential such as: related-party transactions, real estate, dividend distribution in bonus shares, pharmaceuticals, cosmetics, iron, steel... to monitor tax declarations of taxpayers and prevent loss of state budget revenue.

In 2025, the tax authority will no longer perform specialized inspection functions. In the first 6 months of 2025, the entire industry will only implement and complete outstanding inspections.

In addition, the Tax Department reported on the tax inspection work, the amount of outstanding tax and proposed solutions. The results showed that: The results of tax inspection and examination also showed that in the first 7 months of 2025, the entire Tax sector conducted 27,381 inspections and examinations, reaching 40.7% of the 2025 task and equal to 97.54% compared to the same period in 2024.

The total amount of money proposed for handling through inspection and examination is nearly 30,765 billion VND, equal to 117.5% compared to the same period in 2024, of which: Total tax revenue increased through inspection and examination is 9,192.3 billion VND; deduction reduction is 1,289.1 billion VND; loss reduction is 20,283.4 billion VND.

In the first 7 months of 2025, the entire Tax sector conducted 27,381 inspections and checks, reaching 40.7% of the 2025 task and equal to 97.54% compared to the same period in 2024.

It is noteworthy that the quality of inspections and examinations at taxpayers' headquarters has been improved and enhanced: the average revenue collected through inspections across the industry is nearly 4 billion VND/inspection, 21.3% higher than the same period in 2024. The average revenue collected through inspections across the industry is 250 million VND/inspection, 13.1% higher than the same period in 2024.

Regarding inspection and examination of other topics, the Tax Department strengthens inspection, examination and supervision of tax declarations of taxpayers, preventing loss of State budget revenue for industries and fields with high tax risks and large revenue potential.

In addition to topics on tax refunds, anti-transfer pricing, invoices, e-commerce... the Tax Department has directly conducted key inspection topics, preventing loss of state budget revenue for high-risk enterprises with large revenue potential such as: real estate, dividend payment in bonus shares, construction, pharmaceuticals, cosmetics, iron and steel.

The whole industry carried out a special project to prevent revenue loss for 30 enterprises issuing shares under the employee stock option program, 30 real estate enterprises, 20 enterprises specializing in iron and steel, scrap, 20 enterprises producing and trading gold, jewelry, and fine arts.

Sand collection site from dredging activities at Da Nhim hydropower reservoir (D'ran town, Don Duong district, Lam Dong province). (Photo: VNA)

In particular, for the sand, stone and gravel topic: The topic has been developed and reported to the Tax Department with the following specific contents: The Tax Department requests local tax authorities to implement the topic of preventing revenue loss for mineral resources such as sand, stone and gravel; report the results of the implementation of the topic. At the same time, the industry develops an outline to implement this topic, compiles a list of enterprises with signs of high risk, conducts risk review, and considers including it in the inspection plan.

Regarding the topic of preventing revenue loss in insurance business, the Tax Department has conducted a full inspection of 78 insurance companies and their branches; inspected 15 construction and installation companies; and 4 companies with related transactions. The remaining topics have completed data collection, analysis and evaluation.

The Tax Department has requested tax authorities at all levels to implement annual inspection plans according to specific principles to continue improving the effectiveness of the tax sector's inspection plan implementation, ensuring the focus on risk prevention, combating budget losses and repelling tax refund fraud and tax refund appropriation.

Thanks to these efforts, in the first months of 2025, the entire Tax sector has conducted tens of thousands of inspections and checks, an increase of 9.2% over the same period in 2024. The sector has resolutely implemented revenue management solutions. Focusing on reviewing and firmly grasping the country's revenue sources by each taxpayer, by industry, locality, group of subjects and each enterprise and taxpayer, serving the work of budget preparation and revenue management.

Strengthen the work of preventing revenue loss, preventing tax refund and invoice fraud, and closely coordinate with relevant forces to promptly detect and handle individuals and businesses that evade taxes and commit tax fraud.

Strengthen inspection and supervision of tax declaration and tax settlement of taxpayers right from the reception stage, focusing on potentially risky business areas, to collect correctly, fully and promptly.

Continue to implement measures to strengthen the management of value-added tax refunds, apply information technology, and manage risks in tax refund management, ensuring tax refunds are made in accordance with regulations. Organize post-refund inspections in combination with tax settlement inspections to promptly detect and handle violations.

TRA RIVER

Source: https://nhandan.vn/chong-that-thu-ngan-sach-nha-nuoc-post903162.html