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Tax agency vows action after study finds procedures arduous (03/08)
06/08/2010 - 82 Lượt xem
The Central Institute for Economic Management (CIEM) made public Tuesday a report saying businesses spent around 1,900 hours, or 245 working days, per year on tax procedures.
Nguyen Van Ninh, head of the General Department of Taxation (GDT), told a press briefing Thursday he was “surprised and stunned” to learn about this finding, saying he had instructed agencies concerned to make a careful check of all procedures and the time they took.
However, he questioned the accuracy of the study, saying the GDT reckoned the formalities would take businesses 30 days at most.
But he promised a fresh appraisal in the next few days.
Dr. Nguyen Dinh Cung of the CIEM assured Thursday the study findings were accurate.
The study found that of 360 businesses polled, 64 percent had to depute up to two employees just for registering their tax codes.
Ten percent had to send four employees for a task which is apparently more burdensome than changing the name, location, or mode of business.
Value-added tax was another bugbear with the businesses spending 1,732 hours a year struggling with it.
The tax assessment also lasted long and wasted much time.
A research by the World Bank found that Vietnamese businesses spent 1,050 hours a year over value-added tax, corporate tax, and social insurance.
The Hanoi Industry and Commerce Association told Thanh Nien Wednesday it was planning to launch its own study on the issue.
The Central Institute for Economic Management (CIEM) made public Tuesday a report saying businesses spent around 1,900 hours, or 245 working days, per year on tax procedures.
Nguyen Van Ninh, head of the General Department of Taxation (GDT), told a press briefing Thursday he was “surprised and stunned” to learn about this finding, saying he had instructed agencies concerned to make a careful check of all procedures and the time they took.
However, he questioned the accuracy of the study, saying the GDT reckoned the formalities would take businesses 30 days at most.
But he promised a fresh appraisal in the next few days.
Dr. Nguyen Dinh Cung of the CIEM assured Thursday the study findings were accurate.
The study found that of 360 businesses polled, 64 percent had to depute up to two employees just for registering their tax codes.
Ten percent had to send four employees for a task which is apparently more burdensome than changing the name, location, or mode of business.
Value-added tax was another bugbear with the businesses spending 1,732 hours a year struggling with it.
The tax assessment also lasted long and wasted much time.
A research by the World Bank found that Vietnamese businesses spent 1,050 hours a year over value-added tax, corporate tax, and social insurance.
The Hanoi Industry and Commerce Association told Thanh Nien Wednesday it was planning to launch its own study on the issue.
Source: Thanh nien.
