The 2025 state budget revenue estimate must be built in accordance with policies and regimes.

The 2025 state budget revenue estimate must be built in accordance with current policies and regimes, ensuring correct, sufficient and timely collection of state budget revenue sources, coupled with analysis and forecast of the world and domestic economic and financial situation to closely assess the ability to implement the 2024 state budget revenue as well as the 2025 estimate.

In particular, specifically calculate the factors of increase, decrease and shift in revenue sources due to changes in legal policies on tax, fee and charge support and implementation of the tax reduction roadmap to fulfill international economic integration commitments; increase and decrease budget revenue when the Government fulfills its committed obligations to foreign investors as well as the application of additional corporate income tax according to regulations on preventing global tax base erosion. Continue to resolutely implement administrative reform measures, modernize revenue management; strengthen management, prevent revenue loss, especially prevent tax loss in business and real estate transfer; effectively manage new revenue sources arising in the context of digital economic development and cross-border electronic transactions; step up tax inspection and examination, prevent transfer pricing, tax evasion, tax fraud, resolutely handle tax arrears and strictly control tax refunds. Strive to estimate domestic revenue in 2025, excluding land use fees, lottery revenue, money from selling state capital at enterprises, dividends, after-tax profits and the difference between revenue and expenditure of the State Bank nationwide, to increase by at least 5-7% compared to the estimated implementation in 2024 (excluding factors of revenue increase or decrease due to policy changes), the growth rate in each locality is consistent with economic growth and revenue arising in each locality on the basis of taking into account factors of strengthening revenue management, preventing revenue loss and recovering tax debts. Estimated revenue from import-export activities in 2025 will increase by an average of about 4-6% compared to the estimated implementation in 2024. All revenue from rearranging and handling public assets, including houses and land, revenue from leasing exploitation rights, limited-term transfer of exploitation rights of infrastructure assets, and revenue from exploiting land and water surfaces must be fully estimated and paid to the State budget in accordance with the provisions of law. [caption id="attachment_1261171" align="aligncenter" width="1016"] [/caption] Revenue from conversion of ownership of enterprises, public service units, transfer of state capital and the difference between equity capital and charter capital in enterprises must be implemented in accordance with regulations. Closely follow and concretize the viewpoints, goals, 03 strategic breakthroughs, key tasks, groups of tasks, and main solutions according to the Resolution of the 13th National Congress of the Party, focus on investment, focus on priority areas, ensure a harmonious, reasonable, and effective investment structure between regions, areas, and fields, both increasing growth momentum and ensuring social security, ensuring national defense and security. The 2025 state budget public investment plan allocated to tasks and projects must be consistent with the implementation and disbursement capacity of each task and project, ensuring detailed allocation and assignment to tasks and projects before December 31, 2024; Overcoming the situation of fragmented, scattered, ineffective capital allocation, allocating capital but not allocating all allocated capital, ensuring the allocation progress, assigning detailed plans for tasks and projects in accordance with regulations. By allocating sufficient capital to repay tasks and projects under the Socio-Economic Recovery and Development Program according to the progress approved by competent authorities, allocating sufficient capital from the increased central budget revenue in 2021, 2022, 2023 for tasks and projects that are permitted by competent authorities to use this capital source. Allocate sufficient capital for projects completed and put into use before 2025, projects completed in 2025, capital participating in PPP projects, capital for transitional projects according to the schedule approved by competent authorities, capital for investment preparation tasks, planning tasks, interest rate compensation tasks, management fees, charter capital for policy banks, non-budgetary state financial funds, arrange capital according to schedule for important national projects, key projects, coastal roads, connecting projects, projects with spillover effects, inter-regional projects that are meaningful in promoting rapid and sustainable socio-economic development according to the schedule approved by competent authorities; For foreign capital, the amount of capital allocated must be consistent with the content of the Agreement and commitments to the sponsor; Prioritize allocating sufficient capital for projects that end their foreign loan agreements in 2025 and are not likely to be extended. After allocating sufficient capital for the above tasks, the remaining capital will be allocated to newly started projects that have completed investment procedures. For investment expenditure tasks from the Ministry's land and housing handling and arrangement sources, central agencies shall prepare estimates in accordance with regulations, principles, and investment criteria and report to competent authorities. Agencies and units with investment projects from the Ministry's land and housing handling and arrangement sources shall aggregate into the budget estimates expenditure tasks related to investment expenditure from the Ministry's land and housing handling and arrangement sources and central agencies in accordance with regulations. For agencies and units that are applying special financial mechanisms from the 2025 budget year, state administrative management agencies and units shall no longer apply special financial mechanisms on salaries, allowances, incomes, and regular expenses. Units shall prepare revenue and expenditure estimates for 2025 based on decisions of competent authorities on financial mechanisms applicable from July 1, 2024 and for 2025, as appropriate.

Phuong Quang