Signals of growth from state budget revenues

In order to get these results, from the beginning of the year, the Tax industry has actively reviewed the list and collected sources of enterprises and individuals that have in which transactions have to pay tax.

Control of revenue sources

Identifying the situation of budget revenue in 2021 of the tax industry is still difficult, especially when the complicated developments of the Covid-19 epidemic are taking place in the country as well as the world, the tax industry has actively cooperated with departments and agencies such as department of Natural Resources - Environment, Planning - Investment, Industrial Parks Management Board ... capture information related to capital transfer activities, real estate, projects ... in the province. Accordingly, in January 2021, the state budget revenue reached 8,885 billion VND, reaching 26% of the ordinance estimate, equal to 132% compared to the same period in 2020.  In particular, some fields with outstanding revenues such as: revenue from land use money and lottery reached 1,520 billion VND; Corporate income tax from real estate transfer reached 1,832 billion VND; taxes from project transfer, capital and capital investment ... nearly 2,500 billion VND.

In addition to the efforts of the authorities, the cooperation of enterprises in the province in the performance of tax obligations is also very respectful. As a unit specializing in providing tax and accounting for many enterprises producing and doing business in the province, commenting on the cooperation situation of enterprises in the performance of financial obligations as prescribed, Mr. Nguyen Ngoc Tuan, Director of Viet A Law Accounting Joint Stock Company said that , in recent years, not only enterprises have performed very well the tax payment obligation, contributing to increasing revenues for the budget, but the tax authorities themselves have also directed, urged and checked quite often to enterprises, so many business owners have received very good performance of tax payment obligations. The good implementation of tax policies is also gradually becoming a cultural feature of enterprises that are highly appreciated by the tax industry.

Ensuring revenue sources for the budget 

In 2020, the Tax industry has implemented many breakthrough solutions to achieve impressive state budget revenue results in very difficult conditions due to the Covid-19 epidemic. In addition to propaganda activities on tax policies and regulations, the management of tax declaration and refund; the inspection and verification to avoid budget revenue loss in the business fields and guide the units to declare additional corporate income tax in the years is carried out effectively.

The most impressive is the inspection and verification with innovation, strengthening verifications at tax authorities to minimize difficulties for businesses but still ensuring the revenue for state budget, measuring that with an increase in the frequency of inspection and verification 6 times compared to 2019, the result of collecting state budget from the inspection , verification in 2020 reached nearly 1,100 billion VND, reducing losses of nearly 2,500 billion VND. In 2021, it is expected that the epidemic is still complicated, the tax industry continues to support enterprises, ensuring revenue sources for state budget, so as early as January 2021, enterprises pay Corperate Income Tax in the fourth quarter of 2020 very high, leading to a decent January revenue.

Mr. Nguyen Van Cong, Director of Dong Nai Tax Department said that in the coming time, the tax industry will continue to apply effective solutions in 2020 to implement again. In particular, focusing on revenues from capital transfer, real estate and projects to urge the collection of CIT. However, in the past few weeks, the epidemic situation has been complicated, the tax industry is worried that the production and business situation of enterprises will be affected in the beginning of the second quarter of 2021, so the tax industry has a little change to review the tax final settlement of 2020 to accurately calculate the remaining CIT of the fourth quarter of 2020 to move to 2021. At the same time, continue to check dossiers at tax authorities, avoid causing difficulties for businesses but still ensure revenue sources. implementing revenues for current construction activities in the province, including some tax departments such as Long Thanh, Nhon Trach ... where there are many contractors to build projects.

Phan Anh