Tax sector is estimated to collect 101% target over 11 months

The provincial Tax Department informed that in November 2022, budget revenue of provincial tax branch reached VND 203 billion, accumulated eleven-month revenue was VND 41,494 billion, equaling 101% of the estimate assigned by the Ministry of Finance and equal to 98.1% over the same period last year.

In which, the revenue from land use levy was 36,761 billion VND, equal to 95.4% of the estimate assigned by the Ministry of Finance and equal to 92.7% over the same period.

According to analysis of the provincial Tax Department, the revenue continues to increase because the pandemic has been stabilized, companies have restored production and business activities, and have export orders, so many companies temporarily pay taxes well.

In addition, there are also some unexpected revenue sources from real estate transfer, fines for late tax payment, and land use levy, so budget revenue is quite good. Currently, the Provincial Tax Department is urgently implementing revenue solutions to meet and exceed budget revenue set for 2022.

Reported by Thanh Hong - Translated by Ngoc Huynh

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