Prime Minister Requests Rectification and Strengthening of Discipline in State Budget and Financial Management
Prime Minister Requires Corrective Measures, Strengthening Discipline, and Compliance in Financial and State Budget Management
Directive 22/CT-TTg of 2023 emphasizes that to address the aforementioned shortcomings and limitations, and to meet the requirements for managing financial and state budgets in the forthcoming period, the Prime Minister of the Government of Vietnam requires:
- Ministers, Heads of ministerial-level agencies, agencies under the Government of Vietnam, and other central agencies (hereinafter referred to as central agencies), and Chairpersons of the People's Committees of provinces and cities under central authority (hereinafter referred to as local authorities) to continue directing, guiding, urging, and inspecting the implementation of the laws by their subordinate bodies and units. They should strictly adhere to legal regulations, rectify, and strengthen discipline in the management and use of financial resources, public investment, public assets, price management, and price appraisal; enhance efforts in finalizing financial statements, auditing, inspecting, supervising, publicizing, and ensuring transparency; fully and promptly execute the recommendations and conclusions of the State Audit Office and inspectors. Focus on carrying out the following key tasks:
+ Regarding the development and completion of institutional frameworks
+ Regarding the management of state budget revenue
+ Regarding the management of state budget expenditure
+ Regarding the management of aid, loans, repayments; control of public debt, government debt, national foreign debt, and local government debt
+ Regarding the management and use of public assets
+ Regarding the preparation of state budget finalization reports and annual state financial reports
+ Regarding urging, inspecting, handling, publicizing, and reporting the results of the implementation of recommendations and conclusions of the State Audit Office and inspectors
Prime Minister Requires Corrective Measures, Strengthening Discipline, and Compliance in Financial and State Budget Management
Handling Enterprises, Business Households, and Individuals Engaged in Business without Declaring and Paying Taxes as Prescribed
According to Directive 22/CT-TTg of 2023 on state budget revenue management, the Prime Minister of the Government of Vietnam requires the Ministry of Finance to lead, cooperate with central and local agencies:
- Strictly implement the provisions of Tax Laws, the Law on Tax Administration, and related laws, enhancing revenue management suitable to each field, locality, and subject, ensuring accurate, sufficient, and prompt revenue collection into the state budget;
+ Accounting and distributing revenue among different budget levels and localities as appropriate;
+ Not creating unauthorized revenue items, not retaining or allocating off-budget revenues against legal regulations;
+ Urgently handling temporary revenue, temporary custody, declared but overdue taxes, and amounts suggested for collection into the state budget by audit and inspection agencies; promoting administrative reform in tax procedures and enhancing the application of information technology in all stages of the tax management process, facilitating taxpayers.
- Enhancing tax inspection and examination, post-customs clearance inspection, anti-smuggling, and anti-commercial fraud work, focusing on enterprises, key sectors, and high-risk items, including financial, banking, real estate, and digital platform businesses. Increasing the percentage of enterprises undergoing tax inspection and examination;
+ Promptly detecting and handling undeclared or incorrectly declared amounts (especially revenue from quota-based taxation), tax fraud, tax evasion, and transfer pricing; strictly controlling tax calculation prices, especially in customs valuation.
+ Carefully inspecting and controlling before and after tax refunds, ensuring promptness, proper subjects, legal conformity, and efficiency for enterprises, preventing prolonged tax refunds...
+ Strictly inspecting and handling organizations and individuals not registered for business but actually engaging in business to bring them under tax management;
+ Reviewing and handling enterprises, business households, and individual businesses engaged in production and business but not declaring and paying taxes as prescribed, and registered businesses that are not actually operating.
>> Thus, the task of handling enterprises, business households, and individual businesses engaged in production and business but not declaring and paying taxes as prescribed, and registered businesses not actually operating, is detailed in Directive 22/CT-TTg of 2023.
Accelerating the Handling of Tax Debts That Are No Longer Recoverable for Many Years Under Existing Regulations
Section 2 of Directive 22/CT-TTg of 2023 on state budget revenue management requires the Ministry of Finance to lead, cooperate with central and local agencies:
- Enhancing financial inspection and examination of businesses undergoing restructuring, reorganization according to regulations to evaluate financial status, the use, protection, and growth of capital.
- Reviewing and classifying tax debts;
+ Focusing on urging and coercively collecting immediately due tax debts and overdue payments into the state budget according to regulations, preventing prolonged tax debts, and limiting the emergence of new tax debts;
+ Accelerating the handling of long-standing tax debts that are no longer recoverable according to the Law on Tax Administration and Resolution 94/2019/QH14 dated November 26, 2019, of the National Assembly on tax debt relief, tax fine elimination for taxpayers unable to pay the state budget, and related legal provisions, ensuring proper subjects, proper authority, and the accurate nature of tax debts.
Thus, accelerating the handling of long-standing tax debts that are no longer recoverable according to existing tax administration laws is also a task outlined in Directive 22/CT-TTg of 2023.
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