Ho Chi Minh City Tax Department strives to achieve 100% budget estimate

• The Ho Chi Minh City Tax Department aims to achieve 100% of the budget estimate.
• The department will focus on urging the payment of value-added tax that has been extended until December to avoid accumulating debts.
• The total budget revenue for the first 11 months of 2023 reached 292 trillion VND, equivalent to 90.3% of the annual estimate.
• The total accumulated revenue until December 13, 2023, reached 294.295 trillion VND, equivalent to 90.95% of the annual estimate.
• Specific tax revenues have varied, with some decreasing compared to the same period in 2022 and others increasing.
• The department plans to implement comprehensive solutions to ensure the collection of value-added tax and aims to achieve 100% of the budget estimate in 2023.
• The budget revenue target for 2024 is set to increase by 8.7%.

Source: baochinhphu.vn

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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