Customs handles tax debt: flexibly and rigorously - Part 3: Difficult to collect and write off tax debts

Customs handles tax debt: flexibly and rigorously - Part 3: Difficult to collect and write off tax debts

VCN – The increasing tax debt raises many concerns as more and more businesses make loses, are dissolved, and no longer operate at the registered business address. Meanwhile, most bad debts are due to a lack of documents, difficulty in verification and co
Customs collects VND328,000 billion

Customs collects VND328,000 billion

VCN - The Customs revenue in the first nine months of 2022 rose 14.7% year-on-year to VND328,900 billion, meeting 93.4% of the assigned target and 89% of the ambitious target.
Country collects VND806.4 trillion in the first five months

Country collects VND806.4 trillion in the first five months

VCN - According to the General Statistics Office, the State budget in the first five months of 2020 rose by 18.7% year-on-year to VND 806.4 trillion, or 57.1% of the estimate.
State collects more than VND1,077 trillion in 9 months

State collects more than VND1,077 trillion in 9 months

VCN - In the first nine months of 2021, state budget revenue was estimated at more than VND1,077 trillion or 80.2% of the target, of which the central budget reached 76.5% of the estimate and the local budget reached 84.7% of the estimate.
2nd Zone Hai Phong Seaport Customs Branch strives to hit goal of VND5,500 billion

2nd Zone Hai Phong Seaport Customs Branch strives to hit goal of VND5,500 billion

VCN – In the final months of the year, the branch must collected VND2,273 billion.
Lao Cai Customs Department makes great effort for revenue collection in the last months of the year

Lao Cai Customs Department makes great effort for revenue collection in the last months of the year

VCN- In 2019, Lao Cai Customs Department was assigned a revenue target of VND 2,060 billion by the Ministry of Finance, a target of VND 2,160 billion by the General Department of Vietnam Customs and a target of VND 2,370 billion by the People's Committee
Proposal to collect over VND 192 billion from tax inspection and audit

Proposal to collect over VND 192 billion from tax inspection and audit

VCN- Particularly, in the third quarter, the whole Customs sector conducted 115 inspections, including 52 specialized inspections and 63 internal inspections. Thereby, it requested to collect arrears and fines of more than VND71.62 billion.
Quang Ninh Customs: strengthening revenue collection in last months of the year

Quang Ninh Customs: strengthening revenue collection in last months of the year

VCN- In 2019, Quang Ninh Customs was assigned by the Ministry of Finance a state budget revenue estimate of VND7,000 billion; the provincial People's Council assigned a target of VND 9,000 billion; The General Department of Customs adjusted the target to
Ho Chi Minh City Customs Department’s revenue increases by hundreds of billion VND from specialised operations

Ho Chi Minh City Customs Department’s revenue increases by hundreds of billion VND from specialised operations

VCN- According to Ho Chi Minh Department, in the first eight months of 2019, the department’s revenue was VND 78,298 billion, reaching 71.9 percent of the ordinance estimate and 69.3 percent of desired target and increased 15.83 percent equivalent to VND
Hai Phong Customs handles 39.5 billion VND of tax debt

Hai Phong Customs handles 39.5 billion VND of tax debt

VCN- According to Hai Phong Customs Department, until the end of the first quarter, the Department collected and handled more than 39.5 billion VND of tax debt, equivalent to more than 86% of the target assigned by the General Department of Vietnam Custom
Tax sector targets increasing by 7.9% of estimate

Tax sector targets increasing by 7.9% of estimate

VCN- In 2018, the Tax sector collected VND 1,146,933 billion, 7.2% higher than the estimate assigned by the National Assembly and an increase of 12.3% compared to 2017.
Collected over VND 10 billion of a FDI enterprise’s 22 year-tax debt

Collected over VND 10 billion of a FDI enterprise’s 22 year-tax debt

VCN- According to the leader of the Investment/ Processing Customs Branch, in 2018, the Branch effectively implemented state budget collection solutions, including the handling and collection of tax debts with positive results.
Banks collect trillion from services

Banks collect trillion from services

VCN – With a high growth rate compared to 2017, the business results in 2018 of many banks showed the increasing contribution from services to the bank’s total revenue.
Taxing Facebook: Hard but not impossible!

Taxing Facebook: Hard but not impossible!

VCN- Mr. Nguyen Van Phung said that it is very difficult to collect tax on business people through Facebook network.
Ha Noi Tax Department collected VND 825.4 billion through publicly naming businesses having tax debts

Ha Noi Tax Department collected VND 825.4 billion through publicly naming businesses having tax debts

VCN- In December 2018, Ha Noi Tax Department has publicized a list of 122 businesses having debts of taxes, fees and land use fees with the amount of VND 138.1 billion.
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