Seven out of 16 taxation collections exceed yearly estimation

Update: 19:42 | 24/09/2021

(BGO) – According to the Taxation Department in Bac Giang province, amid the impact of Covid-19 pandemic this year, seven out of 16 taxation collections exceeded the assigned yearly estimation.

They included land use fee, personal income tax, environmental protection tax, collection of granting rights for mineral exploitation, non-agricultural land use tax, fixed collection at commune, collection of dividends and profit after tax.

Seven out of 16, taxation collections, exceed yearly estimation, Bac Giang province,  Covid-19 pandemic, key collections,   proper amounts, sufficient taxation

The production line of Suntech Company in Thanh Van commune (Hiep Hoa district).

Some key collections surpassed the yearly estimation from 8.2 to nealy 18 percent, typically land use fee (5,150 billionVND), personal income tax (703 billion VND), environmental protection tax (380 billion VND). Besides, the remaining nine collections gained 70 to 80 percent of yearly estimation.

Particularly, four of out 10 districts and city in the province have so far exceeded the budget collection, including Lang Giang (exceeding nearly 140 percent), Luc Ngan district (exceeding 100 percent), Tan Yen (exceeding over 67 percent) and Hiep Hoa district (exceeding nearly 26 percent).

The above result was achieved thanks to the synchronous and drastic implementation of various solutions from the Taxation sector and localities to ensure collect proper amounts, sufficient taxation and timely support businesses and taxpayers amid the pandemic.

In September this year, total domestic collection in the province hit 9,035 billion VND, 53.5 percent year on year increase, exceeding 4.1 percent of the estimation.

Minh Linh
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