Thanks to the determination and joint efforts of the entire political system, the Tax sector has completed its assigned tasks, effectively supporting production and business activities, curbing inflation, and stabilizing the macro-economy in 2023.
1. Complete the 2023 budget collection task
In 2023, forecasting that economic difficulties will continue to directly affect production and business, the General Department of Taxation has proactively advised the National Assembly and the Government to issue tax support policies. At the same time, identifying these as urgent and fundamental solutions, the Tax sector promptly organizes effective policy implementation, thereby providing timely support to help people and the business community quickly overcome difficulties, recover and develop production and business.
Regarding budget collection, the Tax sector has made efforts to overcome difficulties, proactively and flexibly deploy key groups of solutions to both contribute to "nurturing revenue sources" and determined to exceed the assigned state budget revenue estimate. In addition to the efforts of the business community in production and business, with the proactiveness, flexibility and determination of the entire Tax sector, the total budget revenue in 2023 managed by the Tax authority as of December 20, 2023 reached VND 1,396,430 billion, reaching 101.7% of the estimate. Accordingly, the total revenue in 2023 is estimated to reach and exceed the target assigned by the National Assembly, the Government and the Ministry of Finance by about 5.5% of the estimate, nearly 96% compared to the implementation in 2022.
2. Implement tax policies to promptly support the business community and people
Proactively propose and advise on the issuance and implementation of policies to extend, exempt and reduce taxes and land rents to promptly support people and businesses. Accordingly, the total scale of tax support solutions in 2023 is VND 165,026 billion, of which the amount of tax and land rent subject to extension is VND 106,946 billion; the amount of tax and land rent exempted and reduced is VND 58,080 billion, the exemption, reduction and extension packages. Identifying these as urgent and fundamental solutions to support the business community and people to overcome difficulties in recovering production and business, the Tax sector has promptly organized implementation, thereby promptly supporting the recovery and development of production and business, bringing benefits to the business community and people and making important contributions to budget revenue, contributing to macroeconomic stability and social security.
3. Accelerate the implementation of the Tax System Reform Strategy
Implementing the Tax System Reform Strategy to 2030 issued together with Decision No. 508/QD-TTg of the Prime Minister, the General Department of Taxation has submitted to the Ministry of Finance for promulgation the Action Program to implement the Tax System Reform Strategy to 2030 and the Tax System Reform Plan to 2025. To ensure consistency, consistency and compliance with the set goals and objectives, the General Department of Taxation established a Steering Committee to implement the Tax System Reform Strategy to 2030 at the General Department of Taxation and at the Tax Departments to strengthen the advisory work for the People's Committees of provinces and centrally-run cities to coordinate and direct the implementation of tax system reform to 2030.
4. Pioneer in digital transformation
2023 marks a big step forward in the digital transformation process of tax management , such as: Deploying the Digital Map of Business Households; operating the database analysis and electronic invoice management system based on Big Data analysis and artificial intelligence (AI) to strengthen tax management, invoice management, strictly control, prevent and combat fraud in tax refunds, quickly detect fraud cases; deploy digital tax management for e-commerce activities, business on digital platforms and expand the e-invoice program from cash registers, use e-invoices for business activities, retail of gasoline. Following 2 consecutive years (2021-2022), the General Department of Taxation was honored by the Ministry of Information and Communications as the leading unit in digital transformation.
5. Submit to the National Assembly for approval the Resolution on global minimum tax
In particular, by selecting 19 applications researched and developed by the Tax Departments themselves, the Tax sector has shown that the application of IT in management is a concrete step in realizing the goal of comprehensive digital transformation.
To ensure the legitimate rights and interests of Vietnam and create a level of trust among multinational corporations in continuing to expand investment in Vietnam, the Ministry of Finance has assigned the General Department of Taxation to preside over the study of impact assessment and refer to international experience to develop a global minimum tax policy . On November 29, 2023, at the 6th Session, the 15th National Assembly officially passed Resolution No. 107/2023/QH15 of the National Assembly on applying additional corporate income tax under the provisions on preventing global tax base erosion (global minimum tax).
This is a necessary step and with its application from January 1, 2024, Vietnam affirms its position and taxing rights, contributing to strengthening international integration and bringing the tax system closer to international practices.
6. Accompany and honor taxpayers who strive to overcome difficulties and make great contributions to the state budget.
Implementing the motto "Taxpayers are the center of service", the entire Tax sector has developed additional methods of propaganda and support based on digital platforms to expand access to taxpayers. In particular, in the face of prolonged economic difficulties, the Tax sector nationwide has promptly honored and commended thousands of businesses and entrepreneurs who have made efforts to overcome difficulties, strictly comply with tax laws and have made great contributions to the State budget.
7. Tax collection in the field of e-commerce and digital business
The Tax sector continues to achieve many results in tax management for e-commerce activities and foreign non-business units. Statistics show that up to now, 74 foreign non-business units have registered, declared and paid taxes via the Foreign Non-Business Units Portal. The total amount of tax paid by foreign non-business units is VND 8,096 billion, of which VND 6,896 billion was declared and paid directly via the Portal and VND 1,200 billion was deducted and paid by Vietnamese parties on their behalf.
Regarding the E-commerce Portal, by the end of 2023, 357 e-commerce trading floors had provided information. The tax declarations of enterprises and individuals doing business on e-commerce trading floors in 2023 increased compared to the same period in 2022. In 2023, e-commerce revenue for domestic organizations and individuals reached VND 536.5 billion. At the same time, the Tax authority has collected and handled violations against 179 enterprises and 1,061 individuals doing business on e-commerce trading floors, with an amount of about VND 275 billion. To continue to strengthen tax management, in 2024, the General Department of Taxation will continue to provide unified guidance on receiving and processing information from domestic e-commerce trading floors.
8. Effectively exploit the Electronic Invoice System to prevent invoice trading, apply risk management to improve efficiency in preventing loss of state budget revenue.
To continue to improve the effectiveness of the work of preventing state budget loss, the General Department of Taxation has researched and issued regulations and submitted tax management according to the risk mechanism. The General Department of Taxation has issued Decision No. 18/QD-TCT dated January 12, 2023 on the Procedure for applying risk management in tax management; Decision No. 86/QD-TCT dated February 8, 2023 on the Procedure for collecting and exploiting information for risk management; Decision No. 575/QD-TCT dated May 10, 2023 on the Procedure for applying risk management to assess and identify taxpayers with signs of risk in the management and use of invoices. With the synchronous issuance of risk management mechanisms and improving the effectiveness of preventing state budget loss, the General Department of Taxation has made a big step forward in risk management for organizations, enterprises, households and business individuals.
9. Reforming administrative procedures and deploying centralized data management applications on personnel work throughout the Tax sector
The Tax sector has promoted the implementation of comprehensive and effective administrative procedure reform, creating a favorable, fair and transparent production and business environment for the business community. Up to now, the number of administrative procedures has continued to be reduced from 304 to 235 procedures and has been publicly updated on the National Public Service Portal and on the Tax Authority's Portals/Websites.
Implementing the Project on developing applications of population data, identification and electronic authentication to serve national digital transformation in the period of 2022-2025, with a vision to 2030 according to Decision No. 06/QD-TTg dated January 6, 2022 of the Prime Minister, the General Department of Taxation has promoted coordination with the Ministry of Public Security to standardize personal tax code information and population database to unify the use of personal identification codes as tax codes.
To unify the centralized data management of personnel work in the entire industry, the General Department of Taxation has deployed the application of digital records to facilitate management and unify the database serving the work of directing and operating the organization, staffing, training, rotation, transfer, and conversion of positions of cadres, civil servants, and public employees in the entire industry.
10. Vietnam is the 147th member of the Multilateral Agreement on Mutual Tax Administration Assistance.
On March 22, 2023 in Paris, the Organization for Economic Cooperation and Development (OECD) held a signing ceremony for the Multilateral Agreement on Mutual Tax Administrative Assistance (MAAC) with Vietnam. MAAC was jointly developed by the OECD and the European Council (EC) in 1988 and was amended by the 2010 Protocol to extend MAAC to non-OECD and non-EU member countries.
This is the most comprehensive multilateral international legal framework available today, stipulating comprehensive forms of international cooperation on tax administration to address tax evasion, tax avoidance and other forms of non-compliance, thereby enhancing international cooperation in the exchange of tax information./.
Source
Comment (0)