Do Luong strives to complete state budget collection

Do Luong Town. Photo: Quang Dung

Exceeded revenue estimate

Create an open environment to attract investment, reform administrative procedures, do a good job of site clearance and accompany investors, at the same time focus on building infrastructure, planning small-scale industrial clusters, etc.Do Luonghas attracted many investment projects such as: Hai An Traditional Market and Trade Center, Minh Anh Company Limited, Hoa Son Clean Water Factory, Truong An Company Limited...

Truong An Company Limited produces and operates effectively and fully fulfills its obligations to the state budget. Photo: Hoang Vinh

The success of the projects not only actively supports the development of production, business and service sectors, but also gradually createsrevenuesustainable for the State budget. Mr. Tran Duc Danh - Director of Truong An Company Limited said: “As one of the units in the field of construction materials trading, commercial concrete production, and steel trading in Do Luong, during its operation, it has always received attention and support from the district and related sectors, so its operations have been very favorable and it has fully performed its obligations to the State. In 2021, despite facing many difficulties due to the impact of the Covid-19 pandemic and complicated weather conditions, the unit has strived to achieve its set goals, including paying over 6 billion VND to the budget”.

Do Luong is also one of the localities with a very vibrant real estate market, high-value residential land and people have a great demand for residential land, so it always creates a large source of revenue for the State budget. To exploit this field appropriately, the district coordinates with relevant levels, sectors, and consulting units to develop land use plans for each stage, thereby serving as a basis for developing land use plans for each year.

During the implementation process, the district has carried out the review of land use categories in all communes and towns, while promoting the inspection of land recovery, land allocation and land lease in the district. Through auctions, people, after fulfilling their financial obligations, are given favorable conditions in granting Land Use Rights Certificates. Since the beginning of 2021, a number of localities have exploited land funds through auctions, thereby generating revenue for the State of VND 179 billion.

Thanks to efficient production, Hoa Son Clean Water Plant fully fulfills its obligations to the state budget. Photo: Hoang Vinh

Along with that, revenue from value added tax, corporate income tax, resource tax, registration fee, personal income tax, non-agricultural land use tax, environmental protection fee for mineral exploitation... all reached and exceeded the estimate assigned by the Provincial People's Council. In the past, revenue from special consumption tax on domestically produced goods in Do Luong did not meet the target, but during the year there was revenue, so the district collected nearly 4.5 billion VND.

In 2021, changes in financial policies and norms have affected the management of budgetary finances. At the same time, during the year, many tax exemption and extension policies were applied due to the impact of the Covid-19 pandemic to encourage and support businesses, which significantly affected the district's budget collection capacity. However, thanks to the attention and leadership of the District Party Committee, People's Council and People's Committee; the timely direction of the Nghe An Tax Department, the Department of Finance; the smooth and effective coordination of agencies, departments and branches in the district and the People's Committees of communes and towns, and especially of units and businesses, the state budget collection work has achieved positive results. The total state budget revenue estimate is more than 319.3 billion VND, but the district has achieved more than 320.1 billion VND.

Nguyen Thanh Binh - Head of Finance and Planning Department, Do Luong District People's Committee

Efforts to combat tax evasion

In recent times, Do Luong has focused on the work of preventing state budget revenue loss and has implemented it vigorously in many areas of production and business activities, considering this an important issue contributing to the completion of the state budget revenue estimate, while creating fairness in the production and business activities of taxpayers. During the implementation process, the district has strengthened tax inspection and examination, focusing on inspecting and examining potential cases of tax evasion and fraud such as: Enterprises operating in association with signs of transfer pricing, enterprises trading in cars and motorbikes that do not generate tax payable...

Investing in developing technical infrastructure in Do Luong town. Photo: Hoang Vinh

Along with strengthening propaganda work, relevant sectors have synchronously deployed solutions to effectively manage revenue sources, avoid missing revenue sources, late tax declaration and payment, etc. Through the work of preventing tax losses, many tax evaders have been inspected and handled in accordance with the law. In addition to increasing revenue for the State budget from the results of handling tax arrears and administrative sanctions against organizations and individuals violating the tax field, the work of preventing state budget losses has improved discipline in compliance with tax laws, ensuring social fairness in tax obligations in the area; the awareness and responsibility of taxpayers in registering, declaring and paying taxes are increasingly becoming more disciplined. In 2021, in the field of preventing tax losses, Do Luong achieved more than 3.9 billion VND.

In order for the district to effectively implement the state budget collection work, in the coming time, Do Luong will continue to synchronously and effectively implement the budget collection. Exploit all existing and newly-arising revenue sources, collect correctly, fully and promptly. Seriously, accurately, promptly and publicly and transparently implement preferential policies on taxes, fees and charges for businesses and people, create favorable conditions, avoid causing difficulties and troubles and create trust, contribute to helping businesses develop production and business, effectively implement propaganda, support and legal advice on taxes, in which attention will be paid to implementing the amended and supplemented laws in the tax field and current financial and tax mechanisms and policies. Continue to effectively implement the project to prevent budget revenue loss in all areas. Synchronously and drastically implement the project to develop revenue sources and prevent state budget revenue loss...