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Businesses in Ecommerce, real estate, and capital transfers are targeted for tax inspections in 2022

According to the latest announcement from the tax authorities, businesses in e-commerce, real estate, and capital transfer will be the focal points for tax inspections and audits in 2022.


The Director-General of the Tax Department has instructed tax offices to prioritize inspections and audits in sectors such as e-commerce, capital transfers, and real estate.



According to the General Department of Taxation, the state budget revenue for the first six months of 2022 managed by the Tax sector reached 775.262 trillion dong, equivalent to 66% of the legislated estimate and 117.6% compared to the same period in 2021.


The state budget revenue increased notably due to crude oil revenue, reaching 34.116 trillion dong, which is 121% of the estimate. Domestic revenue reached 741.145 trillion dong, equivalent to 115.7% compared to the same period in 2021. 60 out of 63 localities achieved revenue of over 50% of the estimates. Notably, 16 out of 19 sectors and revenue items achieved substantial revenue compared to estimates (over 55%), including significant areas such as state-owned enterprises reaching 56.8%, non-state foreign sectors reaching 67.7%, personal income tax reaching 77.4%, and registration fee revenue reaching 68.5%.


In the first six months of this year, tax authorities at all levels conducted 20,720 inspections and audits, examining 276,726 tax declaration dossiers at tax offices. The total recommended handling amount through inspections and audits exceeded 13.937 trillion dong, of which tax increases from inspections and audits amounted to 3.855 trillion dong, reductions in deductions were 639 billion dong, and loss reductions were 9.443 trillion dong. Tax authorities conducted inspections and audits on 74 enterprises engaged in related-party transactions, resulting in recovery and penalties of 288 billion dong and loss reductions of 488 billion dong.

Statement at the online conference summarizing the tax work for the first six months and deploying the tasks for the remaining six months, organized by the General Department of Taxation, Deputy Minister of Finance Vu Thi Mai emphasized that in the latter half of the year, the global situation continues to be unpredictable, with high inflation worldwide impacting Vietnam. Therefore, the Tax sector is urged to focus on achieving the highest completion of state budget revenue tasks, as surpassing these goals will play a significant role in successfully fulfilling the financial and budgetary tasks of the Finance sector.



To accomplish the annual state budget revenue tasks for 2022, the Director-General of the General Department of Taxation, Cao Anh Tuan, emphasized that the entire Tax sector needs resolute action, deploying synchronized measures to manage revenue, prevent losses, and recover tax debts. The aim is for all 63 provinces and cities to complete or exceed the assigned estimates...


Regarding electronic invoices, all localities have made excellent progress, but according to Mr. Tuan, this progress involves registration only. Therefore, the dedicated teams handling electronic invoices at the General Department of Taxation and the Steering Committee for Electronic Invoices at tax offices must operate around the clock to promptly resolve and address any arising issues.


Additionally, according to the head of the Tax sector, over the past two years due to the impact of the Covid-19 pandemic, tax inspection and audit work at taxpayers' premises have been limited. Therefore, in the upcoming period, tax offices need to focus on deploying inspection and audit teams to ensure the completion of plans approved by the Ministry of Finance and the General Department of Taxation.


The focal point of inspections and audits will center around the following sectors: e-commerce, digital platform-based businesses; capital transfers, business sales, mergers, and acquisitions; real estate transactions.


Tax authorities at all levels also need to concentrate on effectively implementing measures to recover tax debts, resolving bottlenecks related to mechanisms and policies concerning tax debts, especially concerning land use, land lease, reducing the tax debt ratio by December 31st.

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