August 17, 2018 12:00

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HCM City Tax Department: the tax collection reaches closer to the milestone of 100,000 billion VND in the first 4 months

20:58 | 13/05/2018

VCN – The main revenue collection increase is obviously leading to total amount increase of domestic revenue in HCM City area in the first 4 months of 2018 of 7,000 billion VND compared to the previous year.

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HCM City Tax Department is implement many solutions to support taxpayers.

According to the information from HCM City Tax Department, in the first 4 months of 2018, the unit has collected state revenue of nearly 96,000 billion VND, achieved 35.57% of assigned target (268,780 billion VND).

In that, almost all the main revenues have increased significantly over the same period. In particular, collecting from crude oil is 7,477 billion VND, increased by nearly 1,800 billion VND; collecting from personal income tax is 14,276 billion VND, increased by 2,600 billion VND…

Remarkably, in the last 4 months, while revenue collection from the FDI sector has signs of slowing down, compared with the same period in 2017, revenue collection from SOEs increased highly. Specifically, the revenue from central state-owned enterprises reached 6,777 billion VND, increased by 917 billion VND; revenue collection from local state-owned enterprises reached 2.515 billion VND, increasing by nearly 200 billion VND...

According to the HCM City Tax Department, although the revenue increased over the same period, due to the ordinance of 2018 assigned to the unit was so high, the results in 4 months only reached just over 35 % of targets.

In order to achieve the assigned ordinance, the unit is implementing many solutions to increase revenue by focusing on supporting solutions, facilitating taxpayers; to enhance solutions to prevent losses, recover tax debts ...

By Lê Thu/Thanh Thuy