In the context of efforts to strengthen state budget management, the General Department of Taxation organized a significant online conference on August 29th to assess the situation and propose solutions to improve tax debt management and enforcement effectiveness.

Positive Debt Recovery Results

According to the conference report, the tax agency’s debt recovery efforts have achieved positive results. Specifically, estimated cumulative debt recovery up to the end of August 2024 has increased by 26% compared to the same period last year, indicating that the implemented measures have been effective.

Implemented Solutions

To achieve these results, the General Department of Taxation has focused on several key solutions, including:

• Strict enforcement: Fully applying enforcement measures to violators.
• Technology upgrade: Investing in upgrading information technology applications, especially the debt management and enforcement system, to enhance management and debt monitoring efficiency.
• New technology application: Deploying new technology applications such as virtual assistants and eTax mobile to better support debt management.
• Interdisciplinary coordination: Strengthening cooperation with other agencies to implement enforcement and debt recovery measures.

Future Directions

Deputy General Director Dang Ngoc Minh emphasized several key tasks for the coming period, including:

• Reviewing and handling incorrect and fictitious debts: Continuing to promptly review and handle incorrect and fictitious debts, especially newly incurred debts.
• Strengthening the application of departure suspension measures: Applying this measure to cases of intentional debt evasion.
• Promoting technology application: Enhancing the application of automation, digitalization, and big data to improve debt management efficiency.
• Proposing new solutions: Continuing to research and propose new solutions for more effective debt recovery.

Conclusion

Strengthening debt management and recovery is one of the important tasks of the tax agency. With the solutions that have been and are being implemented, along with the determination of all levels and sectors, it is believed that debt recovery will achieve even more positive results in the future, contributing to ensuring state budget revenue.