Enhancing efficiency in tax management

Assessment of the implementation of State budget collection managed by the tax authority shows that the total State budget revenue in the first 4 months of 2024 is estimated at VND 640,298 billion, equal to 43% of the estimate, up 10.7% over the same period in 2023. Of which, revenue from crude oil is estimated at VND 21,236 billion, equal to 46.2% of the estimate, equal to 100.6% over the same period in 2023; domestic revenue is estimated at VND 619,063 billion, equal to 43% of the estimate, up 11% over the same period; domestic tax and fee revenue is estimated at VND 478,433 billion, equal to about 44% of the estimate, up 7% over the same period in 2023.

Compared to the growth rate in the same period in 2023, 13/20 revenue items and taxes achieved good results (over 40%); 12/20 revenue items and taxes had growth compared to the same period.

Overall, 25/63 localities have achieved good progress in implementing the budget (over 40%); 26/63 localities achieved from 30% - 40%; the remaining 12/63 localities achieved low progress (under 30% of the budget).

Regarding the results of tax management functions, in the first 4 months of 2024, the entire Tax sector conducted 10,501 inspections and checks, reaching 15.8% of the 2024 plan and 86% over the same period; inspected 98,330 tax declarations at tax authorities, equal to 76.4% over the same period in 2023.

The total amount of money proposed for handling through inspection and examination is 9,956 billion VND, equal to 57.7% compared to the same period. The total amount of tax paid to the budget is 1,704 billion VND, equal to 56.8% of the increase in revenue through inspection and examination.

Regarding tax debt collection, the total accumulated tax debt collection of the whole industry by the end of April 2024 is estimated at 32,068 billion VND.

Regarding the business performance, as of the end of April 2024, there were 926,225 businesses operating nationwide, an increase of 30,118 businesses (equivalent to 3.4%) compared to the end of 2023.

Regarding value-added tax refunds, by the end of April 2024, the tax authority had issued 5,580 value-added tax refund decisions with a total refund amount of VND 39,440 billion; equal to 23.1% of the value-added tax refund estimate for 2024; equal to 105% over the same period in 2023.

Promoting the application of information technology in tax management

The General Department of Taxation also said that the operation and handling of the technical infrastructure of the electronic invoice system aims to ensure the system operates stably 24/7, meets the requirements of receiving and processing electronic invoice codes, and does not affect the production and business activities of enterprises, organizations and individuals.

From the time of implementation to April 21, 2024, the number of electronic invoices received and processed by tax authorities is estimated at 7.48 billion, of which: 2.08 billion invoices with codes and more than 5.4 billion invoices without codes.

From the time of implementation to April 21, 2024, the number of electronic invoices received and processed by tax authorities is estimated at 7.48 billion invoices.

Regarding the implementation of electronic invoices generated from cash registers, 53,424 businesses have registered to use electronic invoices generated from cash registers, with the number of electronic invoices generated from cash registers being more than 328.6 million.

Implementing the issuance of invoices for each sale for petroleum business and retail activities, up to now, nationwide, there have been 15,935 petroleum retail stores issuing electronic invoices for each sale, reaching over 100% of the total number of petroleum retail stores.

In addition, the implementation of electronic tax registration and payment services via the Etax Mobile application resulted in 963,217 downloads, installations and uses of the application, with 1,490,079 transactions via commercial banks, with a total successful payment of VND 3,505.5 billion.

Regarding tax management for e-commerce, up to now, 94 foreign suppliers have registered and been granted tax codes via the Electronic Information Portal, an increase of 9 new foreign suppliers compared to the previous month. The accumulated revenue in the first 4 months of the year was about 3,900 billion VND.

The whole industry strives to focus on implementing tax management tasks and solutions.

To synchronously deploy tax management solutions, at the General Department of Taxation's meeting to assess the implementation of the tax work program in April, the plan to deploy tasks and the tax work program in May 2024, General Director of the General Department of Taxation Mai Xuan Thanh requested units in the entire tax sector to make efforts and focus on implementing the following basic groups of tasks:

Firstly, continue to closely monitor and correctly assess the domestic and world economic situation in 2024; analyze and assess the impacts of fiscal and monetary policies implemented by countries on the health of enterprises and production and business activities of domestic enterprises to promptly identify risks and promptly advise the Ministry of Finance and the Government on proactive scenarios and solutions in managing the State Budget revenue in 2024.

Second, continue to resolutely and effectively implement tax management, implement support packages well, promptly remove difficulties for businesses, and create sustainable revenue sources for the State Budget. Proactively review, evaluate, and advise the Government to develop support packages for 2024, including: Decree on extending the deadline for payment of value added tax, corporate income tax, personal income tax, and land rent in 2024; Decree on extending the deadline for payment of special consumption tax on domestically manufactured or assembled automobiles.

Third, continue to implement propaganda work to ensure focus and key points according to the Tax Sector's Information and Propaganda Plan for 2024. Diversify forms of propaganda, support taxpayers, help taxpayers easily access, grasp, understand and comply with tax policies.

Fourth, classify tax debts accurately to have appropriate and proper management and collection solutions. Strengthen, strictly and fully implement measures to urge and enforce tax debt collection, publicize information in accordance with regulations, and promote the application of exit ban measures. Continue to closely coordinate with local Party committees, authorities, and relevant ministries and branches in recovering tax arrears.

Fifth, focus on implementing the 2024 specialized inspection and examination plan of the General Department of Taxation; Develop and implement inspection and examination work according to specialized topics to prevent revenue loss in areas with high tax risks.

Sixth, strengthen the inspection and supervision of taxpayers' tax declarations. Speed up the processing of tax refund dossiers in accordance with regulations. Organize post-tax refund inspections in combination with tax finalization inspections and audits.

Seventh, continue to research and apply big data analysis tools, apply artificial intelligence (AI) to tax management, invoice management, risk control, prevent fraud in electronic invoices, focus on deploying automatic warning applications for issuing fake electronic invoices according to coefficient K, ... to improve tax management efficiency.

Eighth, effectively implement the recruitment of civil servants of the General Department of Taxation according to Decree No. 140/2017/ND-CP of the Government and prepare the work to organize the 2024 General Department of Taxation civil servant recruitment exam according to the approved Plan.

Ninth, continue to research, propose amendments and complete tax legal documents to remove difficulties, support economic restructuring associated with growth model innovation, enhance competitiveness, develop digital economy...; improve transparency, professionalism, create an environment to attract business investment, improve efficiency and effectiveness in State budget collection management while creating maximum favorable conditions for taxpayers to fulfill their obligations to the State budget.

According to People