HCM City: Processing more than VND 1,800 billion of tax via inspection and examination

HCM City Tax Department would not conduct periodic inspections in 2020 for businesses showing no signs of violations . Photo: T.H

According to the HCM City Tax Department, this year, in the context that enterprises are affected by the Covid-19 pandemic, tax inspection and examination were carried out firstly for businesses with high risks of tax; at the same time, case that are less affected by the pandemic but have fluctuation in turnover and profits would be put in the inspection and examination plan.

In the first six months of 2020, HCM City Tax Department conducted tax inspection and examination for 9,558 dossiers of enterprises with tax arrears, sanctions and refunds amounting to VND 1,836 billion.

The HCM City Tax Department conducted 454 inspections, with the amount of tax arrears and fines VND 778 billion, up 80% in the number of inspection dossiers and 98% in the amount of tax arrears, fines and refunds.

According to Le Duy Minh – Director of HCM City Tax Department, in the second half of the year, inspection and examination of the unit would focus on combating revenue loss. In particular, focusing on inspecting and examining businesses with high risk of tax, handling tax debt recovery, businesses with fluctuation in revenue and profits which were less affected by the pandemic.

However, HCM City Tax Department would not conduct periodic inspections in 2020 for businesses showing no signs of violations to facilitate businesses to focus on solving difficulties and maintain production and business activities.

Along with that, the unit did not organise the inspection and examination of cases where businesses encounter difficulties due to the Covid-19 pandemic, facilitating enterprises to recover their production and business.