Vietnam’s General Department of Taxation reported that personal income tax revenue for the first seven months of the year reached VND 117,337 billion, equivalent to 73.7% of the estimated amount and a 17.7% increase compared to the same period last year. Of this, tax revenue from salaries reached VND 80,803 billion, an increase of 11%, while tax revenue from real estate transfers, inheritances, and gifts of real estate reached VND 16,335 billion, a 66.3% surge. Additionally, tax revenue from securities transfers stood at VND 3,663 billion.
Regarding recent complaints from individuals about unexpectedly receiving tax debt notifications, the Department explained that this issue arises from various reasons. These include cases where individuals’ tax codes were fraudulently used by enterprises to declare non-existent expenses, as well as taxpayers with multiple sources of income who are unaware of or unfamiliar with the self-declaration process.
The tax authority also notifies individuals of their tax debts via email or their registered electronic tax accounts. For those who have not provided an email address or registered for an electronic tax account, the authority will send physical notifications through the postal service.
People doing procedures at the tax agency. (Photo: NL)
Taxpayers are advised to proactively install and register for the Etax mobile app, provide their email addresses, and keep the tax authority updated with their latest information to stay informed about their tax debt status.
Furthermore, the tax agency has been actively promoting awareness of regulations concerning late payment charges, tax debt notifications, enforcement measures for tax debt collection, and temporary exit bans to ensure taxpayers’ understanding and compliance.
During the first half of the year, the tax authority issued nearly 32 million notifications of tax debts, fines, and late payment charges to taxpayers. Additionally, almost 175,000 decisions on tax debt enforcement measures were made.
Enforcement measures include: debiting money from accounts, freezing accounts, enforcing invoices, seizing assets, collecting money from third parties holding assets, and revoking business registration certificates.
The tax authority publicly disclosed information and the tax debt amounts of nearly 632,000 delinquent taxpayers, totaling nearly VND 230,000 billion.
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