DA NANG ONLY RECEIVES 70% OF THE ESTIMATED TAX Amount IN 2020

14:43:2502/06/2021

In 2020, due to the impact of the Covid-19 pandemic, the Da Nang City Tax Department only collected about 70% of the assigned estimate, equivalent to VND 21,742 billion.

In 2020, due to the impact of the Covid-19 pandemic, the Da Nang City Tax Department only collected about 70% of the assigned estimate, equivalent to VND 21,742 billion.

"In this context, if the tax industry is too stretched, increasing inspection and examination, it will be difficult to nurture revenue sources. Tax enforcement at the present time is a sensitive matter, doing it too harshly will affect psychology. "Enterprise spirit" - quoted Mr. Luu Duc Sau, Deputy Director of Da Nang City Tax Department.
The tax industry needs to both implement tax reduction and extension policies, and stop inspections, checks and enforcement to not create more pressure on businesses that are already facing difficulties during the current pandemic.

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