The tax sector collected an estimated 325.78 trillion VND (13.73 billion USD) for the State budget in the first two months of 2023, a year-on-year rise of 16.7%, and equivalent to 23.7% of the yearly estimate, the General Department of Taxation has reported.
Hanoi (VNA) - The tax sector collected an estimated 325.78trillion VND (13.73 billion USD) for the State budget in the first two months of 2023, a year-on-year rise of 16.7%, and equivalent to 23.7% of the yearlyestimate, the General Department of Taxation has reported.
Of the total, domestic collection was nearly 315 trillion VND,equivalent to 23.7% of its estimate for the year, and up 16.8% compared to the sameperiod last year.
Thirty-six out of the country's 63 provinces and centrally-run cities have completed over 18% of their yearly estimates.
So far this year, nearly 3,600 tax inspections have been performed,reaching 4.49% of the plan set for 2023.
For e-commerce tax management, as of February 17, 46 foreignsuppliers have registered, declared, and paid taxes through the portal for foreign suppliers.
This year, the tax sector is set to collect over 1.37 quadrillion VND for the state budget.
It has synchronously and drastically implemented solutions to strengthentax revenue management and prevent tax losses, while accelerating administrativereform to create favourable conditions for businesses and taxpayers. It has also vigorously speededup information technology applications, and enhanced inspection and dialoguewith taxpayers./.
Prime Minister Nguyen Xuan Phuc has commended the tax sector for doing a good job in reshuffling its apparatus, and urged the sector to continue with reform of tax procedures.
The tax sector’s state budget revenue was estimated at nearly 500 trillion VND (21.73 billion USD) in the first five months of this year, equal to 97.6 percent of the figure of the same period last year.
Nearly 1.279 quadrillion VND (55.3 billion USD) in taxes was collected for the State budget in 2020, almost 24.35 trillion VND, or 1.9 percent, higher than the annual target and 175.85 trillion VND more than the estimate reported to the National Assembly (NA).
The tax sector collected 911.02 trillion VND (38.9 billion USD) of State budget in the first seven months of this year, a year-on-year rise of 17.2%, and equivalent to 77.5% of its yearly estimate, according to the General Department of Taxation.
The General Department of Taxation (GDT) on December 15 officially operated its e-commerce information portal and launched electronic invoices from cash register.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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Illustrative image (Photo: VNA) 
