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Tax General Department Supports Businesses to Recover from Storm and Flood Damage in Lao Cai and Phu Tho

To help businesses in Lao Cai and Phu Tho recover quickly from the recent storm and flood, the Tax General Department has dispatched a working group to work directly with local authorities, supporting businesses in implementing tax exemption, reduction, and extension policies.
 

In the face of severe damage caused by Storm No. 3 in Lao Cai and Phu Tho, the Tax General Department has promptly implemented support measures for businesses, helping them stabilize production and business operations.

Specific Support Activities

  • Establishing a working group: The Tax General Department has dispatched a working group to work directly with the provincial Tax Departments to grasp the situation and support businesses.
  • Guiding businesses: The working group has provided detailed information on tax exemption, reduction, and extension policies and guided businesses in completing procedures.
  • Resolving difficulties: The working group has listened to and addressed the difficulties faced by businesses in the process of completing administrative procedures.
  • Coordinating with other agencies: The Tax General Department has closely coordinated with local departments and agencies to effectively implement support policies.

Achievements

Thanks to the efforts of the Tax General Department and local tax agencies, many businesses in Lao Cai and Phu Tho have received timely support, contributing to stabilizing production and economic recovery.

Difficulties and Solutions

In the implementation process, localities have also encountered some difficulties such as:

  • Lack of documents: Some businesses have not completed documents to prove damage.
  • Difficulties in determining the extent of damage: It is difficult to determine the extent of damage for some types of assets.

To address these difficulties, the Tax General Department has guided localities to:

  • Shorten administrative procedures: Create favorable conditions for businesses to complete procedures.
  • Support businesses in determining damage: Provide necessary guidance and forms.
  • Coordinate with other agencies: Strengthen coordination to accurately determine the extent of business damage.

The Importance of Supporting Businesses

Supporting businesses to overcome difficulties caused by natural disasters is not only the responsibility of the tax sector but also contributes to the socio-economic development of the whole country.

Conclusion

The implementation of support measures for businesses affected by storms and floods by the Tax General Department has demonstrated the State’s concern for businesses and people. This is a practical action that contributes to stabilizing the socio-economy and restoring people’s lives.