Deputy Prime Minister Vu Van Ninh has asked the taxation sector to continue designing policies to remove difficulties for businesses, creating suitable growth in 2014.
Speaking at a January 14 conference to review the sector’s operation in 2013, Deputy PM Ninh said it is necessary to clearly classify debts and outline plans to collect and settle stagnant debts.
He said the sector should exert more efforts to prevent fraudulent transfer pricing, control tax refunds and speed up administrative reforms as well as the application of information technology in tax management, while strengthening training for staff.
The sector should also continue fostering coordination with others and enhance dialogues with enterprises, he stressed.
According to Bui Van Nam, General Director of the General Department of Taxation, in 2014, the sector will strive to exceed the set target for state budget collection by a minimum of 5 percent, while intensifying tax inspection in at least 14.65 percent of the total operating enterprises.
The sector will also enhance the control of tax refunds in accordance with the law, especially in value added tax.
It will work to provide access to an e-tax service for 90 percent of business taxpayers, so they can submit their declarations online, Nam said.
He said that negotiations for double taxation avoidance agreements with other countries and territories will also be stepped up. Meanwhile, transparency in investment, equipment purchasing and staff recruitment will also be enhanced.
According to the General Department of Taxation, the sector collected 676.696 trillion VND (31.8 billion USD) in tax, equivalent to 105 percent of the projection and 112.7 percent of the figure in 2012.
Of the amount, tax from crude oil sales was 120.436 trillion VND (5.64 billion USD) and domestic tax was 556.260 trillion VND (26.144 billion USD), equivalent to 102 percent of the projection and up 17.8 percent over that of 2012.
Forty-seven out of the 63 localities nationwide reached their projection, while tax arrears collected after inspections totalled nearly 13.200 trillion VND (602.4 million USD) and loss reduction was 11.430 trillion VND (537.21 million USD), the department said.
It added that as of November 30, 2013, the sector collected 52 percent of all tax debts. A debt increase of over 30 percent was seen in as many as 30 localities, while a decrease was enjoyed in seven others, it said.-VNA
Speaking at a January 14 conference to review the sector’s operation in 2013, Deputy PM Ninh said it is necessary to clearly classify debts and outline plans to collect and settle stagnant debts.
He said the sector should exert more efforts to prevent fraudulent transfer pricing, control tax refunds and speed up administrative reforms as well as the application of information technology in tax management, while strengthening training for staff.
The sector should also continue fostering coordination with others and enhance dialogues with enterprises, he stressed.
According to Bui Van Nam, General Director of the General Department of Taxation, in 2014, the sector will strive to exceed the set target for state budget collection by a minimum of 5 percent, while intensifying tax inspection in at least 14.65 percent of the total operating enterprises.
The sector will also enhance the control of tax refunds in accordance with the law, especially in value added tax.
It will work to provide access to an e-tax service for 90 percent of business taxpayers, so they can submit their declarations online, Nam said.
He said that negotiations for double taxation avoidance agreements with other countries and territories will also be stepped up. Meanwhile, transparency in investment, equipment purchasing and staff recruitment will also be enhanced.
According to the General Department of Taxation, the sector collected 676.696 trillion VND (31.8 billion USD) in tax, equivalent to 105 percent of the projection and 112.7 percent of the figure in 2012.
Of the amount, tax from crude oil sales was 120.436 trillion VND (5.64 billion USD) and domestic tax was 556.260 trillion VND (26.144 billion USD), equivalent to 102 percent of the projection and up 17.8 percent over that of 2012.
Forty-seven out of the 63 localities nationwide reached their projection, while tax arrears collected after inspections totalled nearly 13.200 trillion VND (602.4 million USD) and loss reduction was 11.430 trillion VND (537.21 million USD), the department said.
It added that as of November 30, 2013, the sector collected 52 percent of all tax debts. A debt increase of over 30 percent was seen in as many as 30 localities, while a decrease was enjoyed in seven others, it said.-VNA
