Focusing on inspection for “hot” sectors

	The tax sector reduce the loss by more than 13,000 billion VND through inspections
	Tax sector strictly controls tax invoicing for trading of construction sand and gravel

Ho Chi Minh Tax Department has applied risk management in tax inspection in the city. Photo: T.H

Collecting thousands of VND billion of Tax arrears

According to Ho Chi Minh City Tax Department, as of the end of August 2018, Ho Chi Minh City Tax Department has inspected 13,216 enterprises and collected VND 14,500 billion of total tax amount. Of which, tax arrears and fines were VND 3,396 billion; VAT deduction was VND 395 billion and tax loss reduction was VND 9,789 billion.

Of which, 90,269 tax dossiers were inspected at Tax authorities, adjusted additional tax of VND 43.6 billion, a year on year increase of 54%. The inspection at premises of enterprises was 12,294 inspections, tax arrears and fines of VND 1,740 billion, a year on year increase of 42%; VAT reduction was VND 221 billion, loss reduction was VND 5,403 billion. For the inspection, in the first 8 months, Ho Chi Minh City Tax Department inspected 922 dossiers, collected and fined 1,656 billion, reaching 81.9% of the plan 2018, a year on year increase of 20%; reduced a deducted amount of VND 147 billion and reduced loss of VND 4,386 billion.

Especially, since July 2018, Ho Chi Minh City Tax Department has applied risk management in the tax inspection in the city. Currently, over 200 inspection decisions have been issued in accordance with regulations, accounting for 55.37% of total decisions.

Notably, over the past time, the inspection for organizations and individuals arising income from providing services to foreign social networking sites as: Google, Facebook, and Youtube…. has been paid attention by public opinion. In which, the Tax Inspection Division No.4 has implemented the pilot inspection for 2 organizations and worked with 2 individuals arising income from this activity and achieved positive results. The tax arrears and fines were VND 6.62 billion. This is the premise for the Ho Chi Minh City Tax Department to expand the inspection for subjects engaged in online business and providing service.

Focusing on “hot” sectors

According to the leader of Ho Chi Minh City Tax Department, in the last months of 2018, the Department will strengthen the revenue management and anti-tax loss of State budget. In which, assigning the handling and management of Tax collection for organizations and individuals providing services to foreign social networking sites such as: Google, Facebook, Youtube… to inspectorate divisions and tax departments. At the same time, handling administrative violations for cases where selling goods without issuing invoice to prevent violations of taxpayers and ensure transparency, fairness and prevent tax loss.

Along with that, Tax Declaration and Accounting Divisions, Tax Inspectorate Divisions and Personal Income Tax Administration Divisions and Tax Branches continuously strengthen the review of tax declaration submission, monitor and urge the tax declaration submission of enterprises; Review and urge tax payers to accurately and promptly pay taxes in State budget. At the same time, strictly handling cases of dishonest declaration of payable amounts into the state budget.

For the target of strengthening the anti-tax loss of State budget, Tax Inspectorate Divisions shall focus on inspection in accordance with assigned plans and continuously inspect key projects in the year; prioritize the inspection for enterprises engaged in trading tourist, pharmaceuticals, cosmetics, foods, agro-forestry and fishery products, e-commerce, capital transfer, enterprises subject to tax exemption and reduction, Petroleum Products Wholesalers, suspicious transactions, enterprises having associated transactions, notary offices, multi-level sale, cases subject to exemption and reduction from land rental fee. Inspectorate groups and relevant units shall strictly implement the pilot module for electronic diary monitoring and applications to meet the risk analysis of VAT declaration dossiers.

The tax sector reduce the loss by more than 13,000 billion VND through inspections VCN - According to the latest report of the General Department of Taxation, in the first eight ...

According to the leader of Ho Chi Minh City Tax Department, in the last months of the years, the Department has requested units to focus on completing projects on anti-tax loss to summarize, assess, learn from experience and send notification to tax payers in September 2018 and must ensure requirements: Having experience in management, inspection and supervision for enterprises operating in these sectors on the large scale; Making recommendations on policies (if any); collaborating with Informatics Divisions, Propaganda Divisions to provide information on warning to enterprises engaged in business in the relevant sectors via Tax Department’s email and website.