Ho Chi Minh City: Domestic tax debt increases more than VND8,000 billion 

	GDVC assigns target of collecting and handling overdue tax debts for provincial and municipal customs departments
	HCMC enterprises own tax debt of more than VND27,000 billion
	Quang Ngai Customs struggles with bad tax debts

Extension of tax payment will help reduce tax debts of enterprises. Illustrative photo: T.H

According to the Ho Chi Minh City Department of Taxation, tax debts of domestic enterprises as of March 31, 2020 were more than VND32,834 billion, up 34.6%, equivalent to an increase of VND8,443 billion compared to December 31, 2019.

In particular, the tax debt arising from professional operations by inspection agencies accounted for 35.5%, equivalent to VND11,641 billion, and by tax branches 64.5%, equivalent to VND21,193 billion.

Ho Chi Minh City Department of Taxation has issued over 12,600 tax enforcement decisions with a tax debt of VND4,596 billion.

Notably, from April 2020 when the decision to extend tax debt payment according to Decree 41/2020 / ND-CP dated April 8, 2020 of the Government on extension of tax payment and land rent was put into effect, arising tax debts were insignificant, so in April 2020, many tax branches did not make decisions on tax enforcement.

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The total revenue from tax debts (from December 31, 2019) in March 2020 was VND410 billion. In the first three months of the year, Ho Chi Minh City Department of Taxation collected VND1,623 billion.

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