Budget revenues go up 18.5% in H1

The agency's main focus was business houses, individuals, and companies making money from online sales. In addition, the department also worked with e-commerce platforms, commercial banks, and logistics providers to build a comprehensive database.

Based on the results of the government's Project 06 on the standardization of the tax code, the department identified 418 businesses that own e-commerce platforms, 668 companies that deal with digital products and content, and 54 firms that provide accommodation services, and consolidated the identification database of over 366,000 online shops, their declared income and the tax paid.

Vu Manh Cuong, Director of the Ha Noi Department of Taxation, said that the department has worked with the Hoan Kiem District People's Committee to pilot e-commerce tax management in the district, and has helped individuals and businesses declare and pay taxes according to the law. This pilot program has allowed the tax authorities to better understand the e-commerce sector and strengthen their management capabilities.

"We will continue to expand this model to other districts to enhance tax compliance and revenue collection from Ha Noi's fast-growing e-commerce industry," he stressed.

Cuong also said that the agency has developed a website to allow simple, fast, and accurate access to a database, which has helped improve the efficiency of tax management for e-commerce activities.

Tax revenue from e-commerce activities in Ha Noi in the first half of 2024 reached approximately VND10 trillion, of which VND2.5 trillion (US$98.8 million) came from e-commerce platforms, VND6.7 trillion (US$264.7 million) from enterprises, and VND700 billion (US$27.6 million) from individual businesses.

The tax authorities will continue to engage in dialogue with businesses, offer assistance in solving their problems, and create the optimal environment for citizens and businesses to comply with tax laws and policies.

The Ha Noi Department of Taxation continues to streamline personal tax identification data under the government's Project 06 and is exploring ways to further digitize and automate processes to better serve citizens and businesses, and improve the quality of e-filing, payment, and refund services.

The department will expedite the VAT refund process and implement risk-based management in classifying refund cases to ensure refunds are issued to the proper recipients.

Especially, the Ha Noi Taxation Department collected tax worth VND10 trillion ($393 million) from e-commerce activities in the first six months of the year.

Of which, collection from e-commerce platforms reached VND2.5 trillion ($98.2 million), according to the department.

During the six-month period, the department conducted 6,678 inspections to prevent tax invasion.

In 2024, the city is assigned to collect over VND408 trillion (US$16.1 billion) in taxes, of which nearly VND378 trillion (US$14.9 billion) is from domestic revenue sources, the highest in the country.

In 2023, the city's total state budget revenue reached VND405.2 trillion (US$16 billion), achieving 114.8 percent of the target and increasing by 23.8 percent year-on-year.

Digitization, service improvements, and effective revenue management have enabled the city to remain a top contributor to the state budget in recent years./.