Nghe An's budget revenue in January 2024 reached over 3,000 billion VND.

Textile and garment businesses in Nghia Dan have secured new orders right from the beginning of the year. Photo: Van Truong

Of that amount, excluding land use fees, domestic revenue in January 2024 reached VND 1,555 billion, equivalent to 113% compared to the same period last year, and 16% of the provincial People's Council's projected target.

Compared to the same period in January 2023, 12 revenue items showed higher figures, including: Public property revenue (857%), notably land use fees (338%), foreign-invested enterprises (213%), mineral exploitation rights fees (191%), non-agricultural land use tax (186%), lottery (168%), other revenue (128%), non-state-owned industry and services (124%), central state-owned enterprises (120%), personal income tax (109%); fees and charges (105%), and local state-owned enterprises (103%).

Chart of budget revenue for January 2024. Graphic: Hong Toai

In addition, four revenue items fell short of targets: environmental protection tax (96%), registration fee (88%), dividend revenue (66%), and land and water surface lease fees (37%).

Nine tax offices had higher revenue than the same period last year: Vinh City Tax Office (321% compared to the same period), Bac Vinh Tax Office (241%), Bac Nghe II (238%), Song Lam I (195%), Tay Nghe II (154%), Song Lam II (135%), Phu Quy II (128%), Tay Nghe I (123%), and Phu Quy I (111%). One tax office had lower revenue than the same period last year: Bac Nghe I (47%).

Song Hieu Timber Processing Enterprise starts operations at the beginning of the new year. Photo: Van Truong

The Provincial People's Committee has also recently issued a directive on budget collection, which assesses the context of 2024 as having many difficulties and challenges, influenced by the global economic situation and its impact on the domestic economy.

The Provincial People's Committee requests the Provincial Tax Department and the Provincial Customs Department to take the lead and closely coordinate with relevant departments, agencies, and the People's Committees of districts, cities, and towns to review and accurately identify the subjects and sources of budget revenue; and to control and ensure the correct, complete, and timely collection of taxes, fees, and charges as prescribed.

Proactively and decisively develop plans and set specific timelines for tax debt recovery and handling of outstanding tax debts. Simultaneously, coordinate effectively with the State Treasury and credit institutions in providing and exchanging information to implement tax debt handling measures in accordance with the law.

Effectively manage newly emerging revenue sources in the context of digital economic development and cross-border electronic transactions; strengthen tax inspections and audits, combat transfer pricing, tax evasion, and tax fraud, and strictly control tax refunds.

VSIP Nghe An Industrial Park. Photo: Tran Chau

The Provincial People's Committee has assigned the Provincial Tax Department to coordinate with the Department of Natural Resources and Environment, the Department of Planning and Investment, the Department of Construction, the Southeast Economic Zone Management Board, and the People's Committees of districts, cities, and towns to urge the collection of land use fees and land lease fees from real estate business projects that have been allocated land and determined land prices, in order to collect the full and timely amount due to the State budget.

At the same time, localities are strengthening inspections of project implementation progress to propose land reclamation for projects that are slow to implement or fail to fulfill their tax obligations as prescribed by law… Regularly urging the payment of taxes and land rent that were extended in 2023 as prescribed.

Regarding the field of import and export tax collection: Focus on developing and implementing plans to encourage and attract businesses to conduct import and export procedures through Cua Lo Port, Nam Can International Border Gate, etc. Proactively disseminate information on customs policies and laws, and ensure transparency in administrative procedures.

The Provincial People's Committee requests the Provincial Tax Department and the Provincial Customs Department to proactively implement solutions to combat revenue loss in areas where there is still a potential for budget revenue losses.

Source: https://baonghean.vn/thu-ngan-sach-thang-12024-cua-nghe-an-dat-hon-3000-ty-dong-post285180.html