Total estimated tax debt by the end of August 2023 is 153,693 billion VND

On September 11, the General Department of Taxation ( Ministry of Finance ) held a working conference for August 2023 to discuss the results of tax work in August and the first 8 months of 2023, and at the same time propose groups of tasks to focus on implementing in the last months of 2023.

Budget revenue for the first 8 months of 2023 is equal to 93.9% over the same period

The General Department of Taxation said that the total state budget revenue in August 2023 managed by the Tax authority is estimated at VND 75,000 billion, reaching 5.5% of the ordinance estimate, equal to 71.1% over the same period. The total accumulated state budget revenue in the first 8 months of 2023 managed by the Tax authority is estimated at VND 962,097 billion, equal to 70.1% of the ordinance estimate, equal to 93.9% over the same period.

There are 14/20 revenue items and taxes that have achieved quite well compared to the estimate (reaching over 68%); There are 06/20 revenue items that have achieved below 68%; There are 14/20 revenue items and taxes that have revenue growth compared to the same period; There are 6/20 revenue items and taxes that have lower revenue than the same period (Environmental protection tax is estimated at 67.7%; Registration fee is estimated at 71.3%; Land use fee is estimated at 42.3%; Land and water surface rental fee is estimated at 61.1%); There are 27/63 localities with progress in implementing the estimate higher than 68%; There are 36/63 localities with low revenue progress (below 68%).

Regarding tax refund management, the General Department of Taxation has directed tax authorities at all levels to speed up the refund settlement process, while strengthening control of VAT refund work to ensure strict tax refunds in accordance with legal regulations.

In the first 8 months of 2023, the tax authority has refunded VAT with a total refund amount of VND 87,191 billion, equal to 46.9% of the VAT refund estimate for 2023 approved by the National Assembly (VND 186,000 billion), equal to 90% of the same period in 2022.

By the end of August 2023, the entire Tax sector had conducted 38,866 inspections and examinations, reaching 48.5% of the 2023 plan and equal to 92.6% compared to the same period in 2022; inspected 393,280 tax declarations at tax authorities, equal to 85.3% of the same period in 2022. The total amount of money recommended for handling through inspections and examinations was VND 39,748 billion, equal to 102.9% of the same period in 2022.

The total amount of tax debt managed by the Tax Department is estimated to be 153,693 billion VND by the end of August 2023, an increase of 1.6% compared to July 31, 2023, and an increase of 4% compared to December 31, 2022. Accumulated to the end of August 2023, it is estimated that the collection will be 30,108 billion VND.

The results of debt settlement from the effective date of Resolution No. 94/2019/QH14 to the end of July 2023 are estimated at VND 37,059 billion. Of which: Handling tax debt relief is VND 28,983 billion; Handling debt cancellation of late payment fines and late payment fees is VND 8,076 billion.

Currently, the General Department of Taxation is urgently synthesizing and preparing documents to report on the Summary of debt settlement implementation according to Resolution No. 94/2019/QH14 dated November 26, 2019 of the National Assembly.

Deploying electronic tax management

The total number of electronic invoices (E-invoices) received and processed is estimated at over 4.9 billion, of which over 1.5 billion are coded invoices; over 3.5 billion are non-coded invoices. There are 30,058 businesses and individuals registering to use E-invoices with codes from tax authorities generated from cash registers, with the number of E-invoices with codes generated from cash registers estimated at 21.29 million.

To date, 100% of Tax Departments have completed the organization of the lucky invoice selection. As of August 16, 2023, 49/63 Tax Departments have organized the selection of "Lucky Invoices" for the second quarter of 2023. Accordingly, 6,661 prizes have been selected with a total prize value of 15.5 billion VND.

Regarding the implementation of electronic tax registration and payment services via the Etax Mobile application, there have been 527,618 downloads and installations, using the eTax Mobile application with 558,098 transactions with a total successful payment amount of 1,759.4 billion VND.

With the official launch and deployment of the "Database analysis and electronic invoice management system", tax authorities at all levels are focusing on reviewing and analyzing to promptly detect signs of risks in the issuance of electronic invoices, helping to prevent and handle violations of the law on invoices and documents in particular and on taxes in general, contributing to enhancing the effectiveness and efficiency of tax management as well as creating a healthy and equal business environment for the business community and taxpayers.

In addition, tax management for e-commerce has achieved results such as: currently, 62 foreign suppliers have registered, declared and paid taxes through the NCCNN e-commerce portal. The total tax declared and paid by NCCNN is 5,803 billion VND; For the domestic e-commerce information reception portal, 347 e-commerce platforms have sent data to provide information to tax authorities.

13 key task groups in the last months of 2023

Firstly, continue to closely monitor and evaluate the domestic and world economic situation; analyze and assess the impacts of fiscal and monetary policies implemented by countries on the production and business activities of domestic enterprises to correctly identify risks, promptly advise the Ministry of Finance and the Government on scenarios and proactive solutions in managing state budget revenue in September 2023.

Second, continue to organize effective tax management for foreign suppliers: Timely resolve problems so that foreign suppliers can fulfill their tax obligations according to regulations; Propose contents to upgrade the electronic information portal for foreign suppliers to report to the General Department of Taxation and coordinate with relevant units to implement.

Third, speed up the implementation of the approved 2023 inspection and examination plan of the General Department of Taxation and the 2023 thematic inspection plan of the General Department of Taxation.

Fourthly, regarding the work of developing legal documents, in the third quarter of 2023, focus on completing: Project "Research and propose solutions related to OECD's global minimum tax (Pillar II)"; Draft Decree amending Decree No. 123/2020/ND-CP dated October 19, 2022 of the Government regulating invoices and documents; Decree amending and supplementing Decree No. 65/2013/ND-CP dated June 27, 2013 of the Government; Decree amending and supplementing Decree No. 65/2013/ND-CP dated June 27, 2013 of the Government; Research, review, and synthesize difficulties and inadequacies in legal policies related to VAT refund in Laws, Decrees, Circulars and propose solutions to report to the Ministry of Finance to submit to competent authorities for consideration, amendment, and supplementation of legal documents.

Fifth, be more proactive in disseminating current tax laws and regulations, draft legal documents related to the tax sector; implement the tax system reform strategy until 2030; continue to deploy electronic invoices from cash registers; tax management for e-commerce activities; support policies for small and medium-sized enterprises according to the Government's program, VAT refund, anti-fraud of electronic invoices, state budget collection, etc.

Sixth, promote reform and modernization of the tax system, simplify tax administrative procedures, maintain electronic tax declaration, payment, and refund services, and electronic invoice system. Ensure the IT system operates 24/7 to support taxpayers in fulfilling their obligations to the State budget from registration, declaration, tax payment, and electronic tax refund without having to go directly to the tax authority.

Seventh, continue to implement electronic projects on schedule such as: tax payment services for land, households, and business individuals; continue to deploy electronic declaration and payment of registration fees for cars and motorbikes; pilot electronic tax declaration for house rental activities; promote the provision of electronic tax lookup, registration, declaration, and payment services for individual taxpayers, especially focusing on promoting and popularizing the use of the Etax Mobile application; study plans to connect with commercial banks to have full data on taxpayers, ensure full control of income and tax obligations, and avoid loss of state budget revenue.

Eighth, continue to direct the Tax Departments of provinces and cities to focus on accelerating progress and successfully deploying phase 2 of electronic invoices generated from cash registers nationwide.

Ninth, focus on researching and applying big data analysis tools, applying artificial intelligence (AI) to tax management, invoice management, risk control, preventing fraud on e-invoices, VAT refund fraud, etc. to improve tax management efficiency.

Tenth, continue to implement the Tax System Reform Strategy to 2030 and the Tax System Reform Plan for the 2023-2025 period approved in the Decisions of the Ministry of Finance; Complete the development of a set of indicators to assess tax management activities according to the Tax System Reform Strategy to 2030.

Eleventh, continue to closely monitor and urge the effective implementation of the Digital Map Application on Business Household Management Phase 1; regularly grasp the difficulties and obstacles in the implementation process to complete and implement Phase 2 according to the set roadmap. Continue to research and accelerate the progress of building Digital Maps on Mineral Mines, Digital Maps on Land Prices, Real Estate Transfer Prices, etc. to improve the effectiveness of tax management and prevent budget losses.

Twelfth, strengthen the inspection and supervision of taxpayers' tax declarations, focus on checking and reviewing declarations, and focus on potentially risky business areas. Promote the application of information technology in VAT refund management; promptly develop and promulgate a set of risk criteria in classifying tax refund dossiers and upgrade the application to automatically classify tax refund dossiers subject to pre-inspection to ensure the implementation deadline; complete the application of IT, ensuring maximum support for VAT refund settlement by tax authorities according to the new Tax Refund Procedure issued under Decision No. 679/QD-TCT dated May 31, 2023 of the General Department of Taxation.

Thirteenth, continue to resolutely and effectively implement tax management for e-commerce activities, digital platform business, anti-transfer pricing, anti-loss of state budget revenue; Urgently issue the Process of exploiting information on the E-commerce Information Portal to effectively operate the Portal to receive information from domestic e-commerce trading floors, exploiting and increasing revenue for the state budget.

Wisdom

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