Exceeding revenue targets

Reporting at the conference, Director of the Bac Giang Provincial Tax Department Le Ba Ngoc said that despite many difficulties due to the impact of the Covid-19 pandemic, in the first 6 months of 2024, the Bac Giang Provincial Tax Department has made great efforts to overcome difficulties and synchronously deploy solutions to manage the state budget, effectively implement tax policies to support people and businesses, contributing to increasing revenue for the state budget.

Revenue results in the first 6 months of 2024:

• Total domestic revenue reached nearly 8,450 billion VND, reaching 60.5% of the central government’s target, 58.8% of the provincial People’s Committee’s target, and an increase of 23% over the same period last year.
• There were 3 taxes and fees that exceeded the annual budget revenue target, including: Fees for mineral exploitation licenses, taxes from foreign-invested enterprises, and taxes from local state-owned enterprises.
• In the first 6 months of the year, the whole industry has inspected and examined 223/633 enterprises, reaching 35.2% of the annual plan, an increase of 18.6% over the same period in 2023.
• Payment to the state budget reached 108,416 billion VND, reaching 86.4% of the amount to be paid and an increase of 63.2% over the same period in 2023.
• Refunds were made in accordance with the prescribed procedures, sequences and time limits. In the first 6 months of the year, 205 dossiers were refunded with a total refund amount of 1,729 billion VND.

Evaluation and orientation

Highly appreciating the achievements of the Bac Giang Provincial Tax Department, Deputy General Director Dang Ngoc Minh requested the Provincial Tax Department to focus on implementing the key tasks and solutions set out in the remaining months of the year, striving to complete and exceed the revenue target for 2024.

• Strengthen control of revenue sources, fight against tax evasion, transfer pricing, tax evasion and tax arrears.
• Focus on e-commerce, enterprises with related-party transactions, and real estate.
• Strengthen the dissemination and propaganda of tax policies and tax administrative procedures.
• Inspect and supervise tax declaration, tightly manage tax refund work.
• Implement anti-tax evasion for non-state-owned enterprises and individual businesses.
• Review tax arrears, classify tax arrears, and promote the public disclosure of tax arrears information.
• Effectively implement tax exemption and reduction policies.
• Improve the organization, build a team of cadres to meet the requirements of tax management.
• Enhance the sense of responsibility of the civil servant corps.

Promoting achievements, determined to fulfill the task

At the conference, Deputy General Director Dang Ngoc Minh awarded the Labor Medal, 3rd class, of the President of the State to 2 individuals and Director Le Ba Ngoc awarded the Prime Minister’s Certificate of Merit to 8 individuals with outstanding achievements in tax work.

With the efforts of the entire tax industry, together with the attention and direction of the local authorities, the Bac Giang Provincial Tax Department has achieved many important results in the first 6 months of 2024.