State budget collection gained over VND 6.691 trillion in 2020' s 8 months

In particular, collection of taxes and fees reached VND 4.179.8 trillion, fulfilling 62.41% of the year’s estimate, falling 21.28% in comparison with the corresponding period of 2019; a collection of land use fees realized VND 905.1 billion, accounting for 94.97% of the year’s estimate (a reduction of 11.31%); revenue from crude oil performed VND 752.7 billion, gaining 57.9% of the year’s estimate and falling by 39.96%; a collection of export-import taxes realized VND 853.6 billion, accounting for 47.42% of the year, a reduction of 46.25%.

Among 15 collection terms, 3 terms posted increased revenues (fees, rental fees for land and water surface, lottery).
The provincial department of Taxation is reviewing and dealing with problems arising during the implementation of Decree No.41/2020/NĐ-CP dated April 8, 2020, on tax and land rent deferral for enterprises, organizations, households, and individuals affected by the Covid-19 pandemic. The unit will also provide support for people facing difficulties due to Covid-19.

Translated by Phuong Lan (Source: Binh Thuan Newspaper)