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Hanoi improves tax payment procedures

Hanoi aims to further improve the local taxation procedure in a bid to fufill budget collection targets of this year.
Hanoi aims to further improve the local taxation procedure in a bid to fufill budget collection targets of this year.

During a working session with the Hanoi Taxation Department on July 1,Deputy Minister of Finance Do Hoang Anh Tuan urged the Department toboost the application of information technology and online procedures tofacilitate the tax payment process.

He alsostressed the need for a data base on taxpayers connecting all taxbureaus to facilitate the monitoring of tax collection.

The deputy minister put particular emphasis on reformingadministrative procedures relating to taxation, saying that itcontributes to improve the local business climate and enhance thecompetitiveness of the capital city.

According toDeputy Director of the Department Thai Phuc Tien, total tax collectionin Hanoi is estimated at 66.24 trillion VND (3.1 billion USD) in thefirst half of this year, up 13.4 percent from the same period last year.

The Department aims to surpass this year’s targetby 6 trillion VND (280.37 million USD) to make up for the shortage in2013 and to fulfill the five-year target between 2010-2015.-VNA

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