Economy
Market ends flat on rising selling force
1.
 |
| People present tax declarations in Hà Nội. — Photo tapchitaichinh.vn |
Viet Nam News
HÀ NỘI – Tax authorities will hasten the application of information technology (IT) to simplify administrative reform, as well as to ensure efficient budget collection.
Cao Anh Tuấn, Deputy Director of the Ministry of Finance’s General Department of Taxation, said at the ministry’s meeting held in Hà Nội last week that the IT application would help simplify administrative procedures and reduce tax filing hours.
In addition, tax authorities are speeding up the development of a tax database to improve management. Currently, IT is dependent mainly on tax declaration and payment. “Its application will be broadened,” Tuấn said.
Accordingly, electronic payment will be expanded to include registration fees and personal income tax on real estate transfers, registration fees for automobiles and motorbikes, as well as value-added tax refunds.
Citing statistics, Tuấn said that in the first six months of this year, 99.81 per cent of those who paid taxes declared their income online.
The tax authorities are also aiming to hasten inspection to prevent tax evasion, but at the same time to avoid creating a nuisance for businesses.
Tax authorities checked more than 36,600 businesses in the first half of this year, or 40 per cent of the plan for the full year, and collected an additional VNĐ7.6 trillion (US$333,300) in taxes.
Deputy Minister of Finance Đỗ Hoàng Anh Tuấn said that the inspection would focus on enterprises in sectors vulnerable to tax evasion.
Tuấn said coordination among relevant agencies must be enhanced to prevent overlaps in inspection and create favourable conditions for businesses. - VNS
