2019: completing the application of electronic invoices in big cities

	Towards forming a database system of electronic invoices
	Electronic invoices: enterprises subject to tax risks are announced monthly
	Electronic invoice: a big improvement of the tax sector

Photo: Internet

Deputy Prime Minister Vuong Dinh Hue also requested the units to prevent tax revenue losses, transfer pricing and tax evasion; reduce the scope and rate of tax administration by contracting method, review and redefine presumptive tax rates to suit the actual situation; strive to increase budget revenue by about 5 percent compared to the estimate and not to let localities have reduced revenue compared to the estimate.

The Ministry of Finance works with the Ministry of Planning and Investment and relevant agencies to accelerate the disbursement of public investment, especially ODA.

Speeding up the process of equitization and divestment of state capital in enterprises. Continuing to review relevant legal documents, especially the Decree replacing Decree No. 126/2017 / ND-CP on transforming state-owned enterprises and one-member limited liability companies of which 100 percent charter capital are owned by the State into joint stock companies, promptly propose solutions to remove difficulties and obstacles in equitization and divestment. Submitting to the Government a Decree replace Decision 22/2015 / QD-TTg on transforming non-business units into joint stock companies.

Strengthening the state budget restructuring towards increasing the proportion of domestic revenues and the proportion of development investment expenditures, reducing the proportion of regular expenditures; tightening financial and budgetary discipline; focusing on implementing solutions of state budget collection, striving to exceed the set plan, reducing the outstanding tax debt to less than 5 percent of the total state budget revenue; expanding the deployment of electronic invoices, fighting tax losses and transfer pricing.

The Deputy Prime Minister also requested tightening budgetary discipline, rectify the wasteful budget spending, in which paying attention to speeding up the disbursement progress of investment capital, cutting down estimates of projects and tasks of slow implementation, ensuring overspending and total loans of state budget in 2019 in a level approved by the National Assembly.

Reviewing and assigning spending tasks; cutting down on unnecessary expenses; implementing thrift practice and waste combat in state agencies and society; only proposing issuance of a policy to increase the state expenditures with real need and guaranteed source.

Effectively implementing the Scheme on strengthening State management over the circumvention of trade remedies and fraudulent acts of origin approved in the Prime Minister's Decision No. 824 / QD-TTg, in which strengthening inspection, examination and prevention of acts of circumvention of trade remedies, especially origin fraud, strengthening control of temporary imports - re-exports and changes of bonded warehouses for strict handling cases of violations and frauds of goods origin.

Strengthening control of market and price; closely monitoring price changes in domestic and world markets, forecasting supply and demand including factors of natural disasters and disease.

Use electronic invoices with greater benefits VCN - Mr. Luu Duc Huy (photo), Director General of Policy Department, General Department of Taxation has made ...

The Ministry of Finance and the standing body of the Price Steering Committee should be determined to control average inflation at 3.3-3.9 percent, control of core inflation within 1.8 percent. Strengthening communication, providing sufficient, timely and transparent information, especially major policies of the Government to create consensus in society and prevent situations as occurred.