Hanoi collected 249.127 trillion VND (about 10.780 billion USD) to its coffer in 2019, representing 101.5 percent of its projection and 13.5 percent higher than the figure in 2018, according to a leading municipal taxation official.
The General Department of Taxation has collected over 19.4 trillion VND (835 million USD) in tax debts as of July 31, up 2.4 percent from the same time last year.
Experts said erasing uncollectible tax arrears was necessary but transparency must be ensured throughout the process to prevent losses to the State budget.
The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of 53 billion VND (2.26 million USD), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
The State Audit of Vietnam (SAV) has proposed the Hanoi Beer Alcohol and Beverage JSC (Habeco) pay the State budget 1.85 trillion VND (81 million USD) in tax liabilities.
The Ministry of Finance (MoF) is demanding more than 1.9 trillion VND (85 million USD) in tax arrears from the Electricity of Vietnam (EVN) after uncovering that the group had failed to declare its costs accurately.
The Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council.
The Taxation Department of the northeastern coastal province of Quang Ninh has taken measures to deal with tax arrears of businesses in order to fulfil the state budget collection target this year.
Tax authorities have been told to collect tax debts of enterprises totalling 23.5 trillion VND (over 1 billion USD), or an 18.8 percent year-on-year increase, by the end of July.
The Hanoi Customs Department has publicised a list of 77 businesses with late tax payments amounting to approximately 72.5 billion VND (3.23 million USD).
More than 1.91 trillion VND (85.1 million USD) in tax was collected in METRO Group’s sale of METRO Cash & Carry Vietnam, Minister of Finance Dinh Tien Dung said on January 14.