Create new atmosphere and new motivation for businesses

Vice Chairman of the Provincial People's Committee Ngo Tan Phuong (2nd from the left) and Director of the Provincial Tax Department Ngo Xuan Tong (3rd from the left) attend the conference.

Speaking at the conference, Vice Chairman Ngo Tan Phuong briefed on the bright spots in the province's socio-economic development in 2023, with many indicators among the top in the country. At the same time, he affirmed that achieving those results was made possible by the business community's collaboration, which has always strived to overcome obstacles, be creative and innovative, improve production and business results, thus contributing to the process of the province's economic development.

He stressed that Bac Ninh province is always interested in reforming administrative procedures, including tax procedures to create an increasingly favorable and equal business environment for domestic enterprises and foreign invested enterprises.

Phuong hoped that businesses would promptly reflect difficulties, problems, and inadequacies in tax policies and have recommendations and proposals to the Tax Department and other departments, branches and sectors.

The Vice Chairman requested the tax agency and relevant sectors share, agree, and accompany businesses; create a new atmosphere and new motivation for businesses to develop, increasingly affirming their role and position and making important contributions to the province’s development.

At the conference, more than 1,500 enterprises were informed about the new points of the 2024 tax support policy, the global minimum tax, value-added tax orientation, corporate income tax, and some notes in the 2023 tax finalization regarding tax declaration and payment; receive instructions on changing tax registration information; look up Etax Mobile; standardize personal tax code data...

On that basis, representatives from relevant units answered nearly 150 direct and written questions from businesses related to affiliated transactions; time of invoicing when selling goods and services; submitting a license fee declaration; determining personal income taxable income; tax-deductible expenses when calculating corporate income tax; how to determine the global minimum tax rate.

The conference helps businesses grasp new points of tax policy, perform well in the finalization of personal income tax and corporate income in 2023 as well as find solutions to remove obstacles in production and business.