On the afternoon of May 10, the General Department of Taxation held a briefing meeting to evaluate the implementation of the April tax work program, the task implementation plan and the May 2023 tax work program. Leaders of General Department of Taxation and leaders of units under the General Department of Taxation.
Closely monitoring the developments of the domestic and global economic situation
The General Department of Taxation has implemented the directives of the Government in Resolution 01/NQ-CP dated January 6, 2023 and the action program of the Ministry of Finance. It has developed an action plan to effectively implement tax management and administrative procedure reform solutions.
It is progressing according to the schedule of information technology projects, particularly accelerating the deployment and expansion of authenticated tax agency identification codes for electronic invoices; initiating tax agency identification codes from cash registers; implementing the e-commerce information reception portal.
It is implementing a Database Analysis and E-invoice Management System to prevent and handle cases of legal violations regarding invoices and taxes in order to enhance the effectiveness and efficiency of tax management, as well as create a fair and healthy business environment for businesses and foreign investors.
Regarding the progress of revenue estimates among the 63 local Tax Departments, 25 of them have achieved a satisfactory progress rate (over 38%); 17 Tax Departments have ensured progress in revenue collection (33-38%); and 21 Tax Departments have experienced slower revenue collection progress (below 30%).
Enhancing effectiveness in tax management
In terms of the results achieved in tax management functions, during the first four months of 2023, the entire Tax sector successfully conducted 9,753 inspections and audits, reaching 12.2% of the annual plan and representing a 111.5% increase compared to the same period in 2022. A total of 102,933 tax declaration files were examined at tax authorities, accounting for 69.8% compared to the same period in 2022.
Regarding the operational status of businesses, as of the end of April 2023, there were 896,107 operating enterprises nationwide, an increase of 9,773 enterprises (equivalent to 1.10%) compared to the end of 2022.
In terms of Value Added Tax (VAT) refunds, there were 5,613 decisions on VAT refunds, with a total refund amount of 37,675 billion VND, which is 20% of the approved VAT refund plan for 2023 by the National Assembly and 85% compared to the same period in 2022..
Promote the application of big data analytics and (AI) in tax management.
As of April 2023, the tax authorities have received and processed a total of over 3.6 billion electronic invoices (including over 1 billion electronic invoices with codes and 2.6 billion electronic invoices without codes).
Regarding the implementation of electronic invoices generated from cash registers, there have been 13,621 registered businesses and individual entrepreneurs using electronic invoices with codes generated from cash registers. The number of electronic invoices received from cash registers is 3,266,205.
To enhance the application of big data analytics and artificial intelligence (AI) in tax management, specifically in invoice management to control and quickly detect fraudulent activities related to invoices, on April 24, 2023, the General Department of Taxation officially launched and implemented the "Database Analytics and Electronic Invoice Management System." With this system, tax authorities at all levels will focus on reviewing and analyzing data to promptly identify risk indicators in issuing electronic invoices. This system aims to prevent and address violations of invoice and tax regulations, thereby enhancing the effectiveness and efficiency of tax management and creating a fair and healthy business environment for businesses and taxpayers.
