More than 600 flooded Vinh market traders are exempted from taxes

DNUM_CGZBAZCABH 12:40

(Baonghean.vn) - Implementing the direction of the Chairman of the Provincial People's Committee Nguyen Xuan Duong on overcoming the consequences of floods at Vinh Market, currently, the Tax Department and Vinh Market Management Board are conducting statistics on tax data exempted, reduced, and extended due to natural disasters.

» Provincial Secretary and Chairman visits Vinh market traders

Currently, Hong Son Ward People's Committee and Vinh Market Management Board are guiding the implementation of declaration of exemption, reduction, and extension due to natural disasters for damaged business households.

According to Mr. Hoang Pham Quang - Team leader of Inter-ward Team 1, Vinh City Tax Department, we are currently doing statistics, there are currently 656 affected households that are exempted from personal income tax with an amount of more than 88 million VND/month. If exempted for 1 year, the amount of exemption will be up to more than 1 billion VND.

Nhiều tiểu thương tại TP.Vinh chịu thiệt hại sau mưa lớn.
Many small traders in Vinh City suffered losses after heavy rain. Photo: Archive

In addition, implementing Official Dispatch 599 dated October 12, 2017 of the Provincial People's Committee Office, Vinh Market Management Board is considering a policy of exemption and reduction of fees, services, location rental... for people suffering damage after floods.

In order to have a basis for issuing decisions on tax exemption, reduction, and extension for taxpayers affected by natural disasters in a timely and proper manner, the Vinh City Tax Department recommends that: Business households that suffer property damage due to natural disasters prepare a written request for tax exemption or reduction according to form 01/MGTH, form 18/MGT-TNCN issued with Circular No. 156/2013/TT-BTC and send the accompanying tax exemption or reduction dossier directly to the Vinh City Tax Department before October 28, 2017.

Hong Son Ward People's Committee, Vinh Market Management Board coordinate with Departments, branches and Tax Department to make a record to determine the level and value of property damage as a basis for tax exemption and reduction.

Bí thư Tỉnh uỷ và Chủ tịch UBND nghe ý kiến của tiểu thương chợ Vinh. Ảnh tư liệu
Provincial Party Secretary and Chairman of People's Committee listen to opinions of Vinh market traders. Photo: Archive

After the flood, the Vinh Market Management Board, Hong Son Ward, has a plan to drain all the water, mobilize all forces to clean up, collect and handle damaged goods, and treat the environment. Currently, production and business activities for small traders are returning to normal./.

After the inspection and direction of the work to overcome the consequences of the flood at Vinh market on October 12, Chairman of the Provincial People's Committee Nguyen Xuan Duong issued an official dispatch directing policies to support the damage recovery for Mrs. Con. Specifically:

-Assign Vinh City People's Committee and Vinh Market Management Board to make detailed statistics of damage, ensure publicity and democracy, report to the Provincial People's Committee and competent authorities to consider policies to support damage recovery.

- Assign Nghe An Tax Department to base on the level of damage, study tax exemption and reduction policies, and direct Vinh City Tax Department to guide declaration procedures and request exemption and reduction (to be completed in October 2017).

- Propose that the Provincial Fatherland Front Committee consider the natural disaster support fund provided by localities and units for recent storms and floods for application; work with the Vinh City People's Committee and the City Fatherland Front Committee to compile statistics and propose support.

- Vinh Market Management Board considers the policy of exemption and reduction of fees, services, location rental..., and proposes to competent authorities for consideration.

- Propose that the State Bank consider policies on interest rates, debt forgiveness, debt extension... for households borrowing capital for business to reduce difficulties for people.

Thu Huyen

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More than 600 flooded Vinh market traders are exempted from taxes
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