Strengthening tax debt management

Total tax debt managed by the tax sector is still high at VND 1,073.1 billion. Therefore, tax debt management and timely collection for the state budget is a key task that the tax sector has focused on since the beginning of 2024.

Recovering 428.6 billion VND of recoverable debt

In 2023, the entire tax sector will synchronously implement solutions to manage tax debts, focusing on directing units to review the tax debt situation of enterprises operating in the petroleum business, taxpayers with large tax debts... to immediately implement measures to urge and enforce the collection of tax debts into the State budget, not to generate new debts. At the same time, deploy debt settlement, debt freezing, debt cancellation that is no longer able to pay to the State budget; organize the review of tax declaration data and payment documents of taxpayers; review, classify debts, analyze the causes of debts of each tax debtor, make a list of enterprises and individuals with tax debts according to each debt group and debt.

Do a good job of debt collection to ensure fairness for businesses.

The whole Department has issued 966,254 electronic notices to taxpayers urging collection; 943 decisions to enforce the withdrawal of money from accounts, freeze accounts for cases of debts over 90 days with the amount of 1,307 billion VND; 229 decisions to enforce invoices with the amount of 229.8 billion VND... Publicly announced information of 243 taxpayers who were dragging their feet, delaying tax debts, and not paying on time on mass media. With many of the above measures, the entire tax sector has recovered 428.6 billion VND of recoverable debt from the previous year, reaching 70% of the assigned debt target (612.2 billion VND). Of which, the collection by debt management measures was 362.7 billion VND, the collection by debt enforcement measures was 65.9 billion VND. The total tax debt managed by the tax sector by the end of 2023 is VND 1,073.1 billion, down 19.5% compared to 2022, the ratio of tax debt to total revenue in 2023 is 11.9%.

Classify debt of each tax debtor to have debt collection solutions.

According to the Provincial Tax Department, the reason for tax debt is that some enterprises have incurred large tax amounts such as quarterly VAT declaration, resource tax, 2022 corporate income tax finalization... but have not paid the full amount of tax debt to the State budget due to financial difficulties. In addition, debts for land use fees, land rent and mineral exploitation rights fees... of some projects due to problems have not been put into operation, exploitation, waiting for localities to clear the land, resolve compensation, disputes, or wait for approval of plans to adjust the purpose of use, adjust the exploitation area... However, according to legal regulations, tax authorities calculate debt according to the notice of payment of land use fees, land rent, mineral exploitation rights fees, so taxpayers have not yet paid money to the State budget. Some tax and land rent payments have expired the tax payment extension period according to the Government's decree and decision to remove difficulties for people and businesses. Tax authorities have implemented measures to urge collection, but taxpayers still have cash flow difficulties and have not been able to pay the extended tax to the State budget...

Solutions to reduce tax debt

Continue to identify debt collection as a key and regular task of all tax officials. From the beginning of 2024, the tax sector leaders have assigned specific and detailed tax debt collection tasks for the year to each department head, branch head, team leader and each officer immediately and focused on promoting debt management measures according to the set plan. Along with that, drastically deploy debt settlement and tax debt enforcement plans according to the direction of the Ministry of Finance and the assigned sector, in conjunction with reviewing, classifying debts, accurately summarizing tax arrears, analyzing the causes of debt of each tax debtor to have effective debt collection solutions. Organize local working groups to inspect debt management, urge the handling of tax arrears at a number of tax branches with large and increasing tax debts; conduct thematic inspections on the implementation of debt management and tax debt enforcement procedures for departments and tax branches to promptly detect and correct violations in debt management. At the same time, promote the dissemination of legal regulations on tax debt to improve compliance, encourage voluntary and self-awareness of taxpayers in implementing tax payment regulations.

The tax sector actively coordinates with relevant agencies in the work of collecting tax arrears for the State budget, proposing to thoroughly handle debts that have been lingering for many years. Focusing on reviewing projects that have expired tax incentives, newly-arising projects, and additional collections as recommended by Audit and Inspection agencies... in order to collect correctly, fully, and promptly taxes, fees, charges, revenues from land, resources, minerals, and other revenues to the State budget...

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