In the context of strong digitalization, electronic invoices have become an indispensable tool for tax management. However, invoice fraud remains a significant challenge for tax authorities. To address this situation, the Ho Chi Minh City Tax Department has implemented many measures to strengthen control and prevent fraud, contributing to improving tax management efficiency.

Automatic alerts and data screening 

One of the highlights in the electronic invoice management of the Ho Chi Minh City Tax Department is the deployment of an automatic alert system for invoices exceeding the risk threshold. This system helps to early detect cases of issuing fake invoices, incorrect information, thereby promptly alerting taxpayers and preventing fraudulent acts. 

In addition, the Tax Department has enhanced the screening and reconciliation of declared data between electronic invoices and value-added tax declarations. Thanks to this, the tax authority has discovered many cases with large discrepancies between declared figures and actual figures, thereby recovering a large amount of tax.

Preventing fraudulent businesses 

The Tax Department has focused on dealing with businesses using invoices of fraudulent businesses. Through inspection, the tax authority has detected and handled many violations, recovering and fining a large amount of money.

Improving management efficiency 

To improve tax management efficiency, the Ho Chi Minh City Tax Department has:

• Built a management application: This application helps to update information on high-risk businesses, supporting inspection and audit work.
• Proposed system improvement: The Tax Department has proposed to the General Department of Taxation to upgrade the risk warning system, helping the system to more accurately identify fraudulent acts.
• Strengthened cooperation: The Tax Department has strengthened cooperation with the police to handle cases with signs of crime.

Towards the future 

In the coming time, the Ho Chi Minh City Tax Department will continue to improve the electronic invoice management system, strengthen inspection and supervision, and at the same time promote propaganda to raise taxpayers’ awareness of the importance of complying with tax law.

Conclusion 

Tightening control over electronic invoices is one of the important solutions to ensure fair competition, increase state budget revenue and create a healthy business environment. With continuous efforts, the Ho Chi Minh City Tax Department has achieved significant results in combating invoice fraud, contributing to enhancing the reputation of the tax authority and the trust of the people.