(HBO) – As tax is the main source of revenue for state and local budgets, authorities at all levels always give overriding priority to the prevention of tax revenue loss. This is a hard work that requires joint efforts.


Photo: Leaders of the People’s Committee and National Assembly deputies of Hoa Binh inspect work of the one-door division at the province’s taxation department.

Under the direction of the Ministry of Finance, General Department of Taxation, provincial Party Committee and People’s Committee, the province’s taxation department has mapped out rational solutions to tax collection management and tax loss prevention in parallel with popularising regulations on taxation and supporting tax payers.

The province has renewed methods of popularisation like inviting newly established businesses to tax agency to help them thoroughly grasp tax policies and relevant administrative procedures. It has also joined hands with local business associations to provide training on tax policies and accountancy principles as well as organise conferences to honour standout tax payers. The "one-door” mechanism has been maintained to instruct tax payers.

Inspection and settlement of violations have been paid due attention. From July 2013 to July 2017, the taxation agency gave punishment to 184 violating businesses. Total collected tax arrears after inspections were 54.3 billion VND, reducing 125.2 billion VND in loss. As many 48.3 billion VND in tax and fine payment was sent to the State budget.


Also in this period, the province’s taxation department examined 47,055 tax declaration dossiers of 1,939 companies.

In 2017, the department inspected 43 business organisations and households and gained total collected tax arrears and fine payment of 951 million NVD.

Thanks to the efforts to carry out tax policies and regulations, state budget collection in the locality has seen significant improvements. In 2015, total budget collection stood at 2.53 trillion VND, accounting for 112 percent of the province’s set plan while the figures in 2016 and the first nine months of the year were 3 trillion VND and 2.17 trillion VND, making up 104 percent and 72 percent of the local target./.

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