Tax collection from business households increased by 25%

VTV.vn - Tax collection in the first 9 months of the year is estimated to reach approximately 96%, in which many revenue sources that were previously difficult have recorded significant improvements in the recent period.

This year, the removal of land issues has created more room for revenue from this sector. Meanwhile, revenue from e-commerce increased by 64%, and revenue from business households increased by 25% over the same period.

Mr. Mai Son - Deputy Director of the Tax Department, Ministry of Finance said: "In addition to approximately 40,000 business households that have previously made declarations, in the first 9 months of the year, we had over 18,000 business households convert from the contract form to declaration and over 2,500 business households from the declaration form to become enterprises. Basically, business households also received high consensus".

Regarding the collection of taxes from gold transactions, the representative of the Tax Department said that gold trading activities are subject to value added tax and corporate income tax according to current regulations. In particular, personal income tax is being drafted for the Government to consider.

Mr. Luu Duc Huy - Deputy Director of the Department of Tax, Fee and Charge Policy Management and Supervision, Ministry of Finance shared: "After discussing with the State Bank, the Ministry of Finance submitted to the Government and included in the draft Law on Personal Income Tax, personal income tax will be collected on transactions and transfers of gold bars; not applicable to raw gold and gold jewelry. The reason is that gold bars will affect the gold market. The initial proposed tax rate is 0.1% on the transfer price each time".

Regarding the handling of surplus assets after implementing the two-level local government, the representative of the Ministry of Finance also said that currently, more than 14,000 real estate facilities have been handled, but there are still more than 13,700 facilities that need to be further handled.

Regarding tax policy on real estate transfer transactions, the Ministry of Finance said that there has been no change at present. Previously, the Ministry of Finance proposed to levy personal income tax on real estate transfer transactions at 20% of income, i.e. the difference between the purchase price and the selling price. However, after receiving comments, the Ministry of Finance said that there needs to be a suitable roadmap, ensuring synchronization with the process of perfecting other policies related to land and housing. Therefore, for now, the Ministry of Finance will maintain the current method of collecting 2% of the transfer price and study a 5-year roadmap to switch to tax collection based on transaction profits and real estate holding time.

Source: https://vtv.vn/thu-thue-tu-ho-kinh-doanh-tang-25-100251004052718407.htm