The FDI enterprises with high tax payment are mainly in the industrial parks (IP) of Van Trung, Dinh Tram, Quang Chau and Song Khe - Noi Hoang. They are Fuhong Precision Component Company Limited in Dinh Tram IP, New Wing Interconnect Technology Company Limited and Luxshare-ICT Company Limited in Van Trung IP.

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In order to gain this result, the provincial Taxation Department has made tax collection plan for FDI companies, in which specifying tasks for related divisions and regional taxation sub-departments. 

The Department organizes monthly meeting to review tax collection results and urge FDI companies for timely tax payment to avoid prolonged tax debts. In addition, many FDI companies have made efforts with good measures to surmount difficulties and recover production, thus the tax payment to the state budget gained high.

Big data to help collect tax from foreign service providers

Big data on e-commerce would help the tax watchdog to efficiently collect tax from foreign cross-border IT services providers, a tax official said.

Bac Giang reforms tax procedures, facilitates citizens and businesses

(BGO) - The Bac Giang provincial Tax Department has recently paid due attention to reforming administrative procedures towards professionalism, transparency and efficiency, thereby creating favorable conditions for citizens and businesses to fulfill their tax obligations.

Taxation sector’s budget revenue reaches 36.6 billion USD in 7 months

The taxation sector’s total state budget revenue in the first seven months of 2023 was estimated at 868.6 trillion VND (36.6 billion USD), equal to 63.3% of the estimate, and 94.5% compared with that of the same period last year, the General Department of Taxation released on August 4.

4 out of 15 tax revenues exceed yearly estimate

(BGO) – Since early this year, 4 out of 15 tax revenues in Bac Giang province have exceeded the assigned yearly estimate, reported the provincial Taxation Department.

Value-added tax cut welcomed

Consumers and producers are happy to see the implementation of the 2% reduction of value-added tax (VAT) for products starting from July 1.