The government reduces revenue, people and businesses face difficulties

The government reduces revenue, people and businesses face difficulties

TT - Corporate income tax, value added tax, registration fees for cars with less than 10 seats, land rent... are the taxes and fees expected to be extended or reduced. This is a notable content in the Government's draft resolution.

This draft was just presented at the Government's online conference with localities on December 25.Taking place over two days (December 25 and 26), the Government's online conference with localities implemented the National Assembly's resolution on socio-economic development tasks and state budget estimates for 2013. Focus on reviewing and discussing two draft resolutions of the Government on main solutions to direct and execute the implementation of the socio-economic development plan and state budget estimates for 2013, and a number of solutions. remove difficulties for production and business, support the market, and resolve bad debts (thematic resolution).

The focus is on removing difficulties and promoting production and business development

Speaking at the conference, Prime Minister Nguyen Tan Dung said that in addition to the general goal, the Government has set major targets for 2013, including an increase in gross domestic product (GDP) of about 5. 5%, consumer price index (CPI) below 6.81%, and nine main solution groups are expected to direct management. "Of the nine solution groups, the solution group focusing on removing difficulties and promoting production and business development is the emerging focus of the economy" - the Prime Minister stated.

Presenting the draft thematic resolution mentioned above, Deputy Prime Minister Hoang Trung Hai said there are two main groups of solutions: the first is to resolve inventory, remove difficulties for businesses, and promote production and business. business development; The second is about resolving bad debts. Notably, the Deputy Prime Minister said that tax policy solutions are expected to support more resources for businesses and the market on the basis of extending the deadline for paying corporate income tax, value added tax and tax history. Land use is about 31,000 billion VND, land rent reduction is about 3,000 billion VND.

The draft resolution also has content on not promulgating a policy to implement limited toll collection for personal road vehicles per vehicle; Reduce registration fees for passenger cars with less than 10 seats in the following direction: for cars registered for the first time, the general fee is 10%, localities are adjusted to increase no more than 50% of the general regulation level; For cars registered for the second time onwards: the general fee is 2% and is implemented uniformly nationwide.

20,000 - 40,000 billion VND for real estate loans

 Regarding credit capital, Deputy Prime Minister Hoang Trung Hai said that credit interest rates will continue to be lowered in line with the decrease in inflation. Extending the term of short-term loans in foreign currency from credit institutions and foreign bank branches for exporting enterprises until December 31, 2013.

 The draft resolution assigns the State Bank (SBV) to direct the State's commercial banks to set aside a reasonable amount of capital to lend to low-income subjects, civil servants, public employees, and the armed forces. to buy, rent-purchase social houses and commercial houses with an area of less than 70m2, selling price less than 15 million VND/m2; Lending to businesses building social housing, businesses converting the functions of investment projects to serve social housing with reasonable interest rates and repayment terms consistent with the term of the capital source and ability customer's ability to repay debt. In the first quarter of 2013, coordinate with the Ministry of Construction to promulgate and guide lending regulations for the above subjects to ensure effective and correct use of support credits. Along with that, the State Bank spends from 20,000-40,000 billion VND through refinancing with reasonable interest rates and a maximum term of 10 years depending on the loan users to support state-owned commercial banks to recover. lending services to these subjects.

 Besides, according to Deputy Prime Minister Hoang Trung Hai, it is necessary to "research to soon form new financial institutions such as: housing savings funds, real estate investment funds, housing re-mortgage agencies, creating Medium and long-term capital mobilization channel for the real estate market.

 Regarding bad debt settlement, the State Bank of Vietnam urgently received comments from Government members, completed and submitted to the Government for consideration and promulgation of a decree on the organization and operation of Vietnam Asset Management Company in January 2013.

 Bring solutions to life early

 At the conference, leaders of the People's Committees of the provinces and cities all expressed high agreement with the content of the two draft resolutions developed by the Government. Chairman of Ho Chi Minh City People's Committee Le Hoang Quan requested that the Government, after issuing the resolution, immediately have ministries and branches concretize documents so that important solutions can soon come to life, for example, solutions for The real estate market will take effect right from the dry season in early 2013, creating favorable momentum for other markets. Mr. Quan also mentioned that CPI in the last months of the year is usually high, but this fourth quarter low CPI shows that market purchasing power is showing signs of decline, this is an issue that the Government needs to pay attention to in macro direction.

 Chairman of Khanh Hoa Provincial People's Committee Nguyen Chien Thang requested the Government to review and adjust the Government's working regulations to avoid the case of things proposed by the locality that will only have results a year later. "The current mechanism puts too many tasks on the Prime Minister. For example, a locality organizing a fireworks display must also ask for the Prime Minister's opinion" - Mr. Thang said.

 This morning, the conference will hear leaders of ministries and branches speak about related issues, then Prime Minister Nguyen Tan Dung will conclude the conference.

 VO VAN THANH

 Expected tax solutions to support businesses

 - Extend the corporate income tax (CIT) payment deadline for six months for the CIT amount payable in the first quarter and three months for the CIT payment deadline for the CIT amount payable in the second quarter and third quarter of 2013; Extend the deadline for paying value-added tax (VAT) for six months for the VAT payable in January, February, and March 2013 for businesses that are paying VAT using the deduction method. Policy beneficiaries are: small and medium-sized enterprises, labor-intensive enterprises (employing over 300 employees), housing investment and business enterprises...

 - Report to the National Assembly for consideration and decision: apply the corporate income tax rate of 20% from July 1, 2013 for small and medium-sized enterprises, apply the corporate income tax rate of 10% from July 1, 2013. 2013 for income from investment - business (sale, lease, lease purchase) of social housing, reduce 50% of output VAT from July 1, 2013 to June 30, 2014 for social housing investment and business activities, reduce 30% of output VAT from July 1, 2013 to June 30, 2014 for housing investment and business activities that are apartments with large area. Floor area under 70m2 and selling price under 15 million VND/m2...

 - 50% reduction in land rent in 2013 and 2014 for economic organizations, households, and individuals leased land by the State whose land rent amount must be paid according to the provisions of Decree No. 121 increased more than twice compared to the level paid in 2010.

 (Source: Draft resolution of the Government)

 Posted by caothangtech, at 5:20 PM, December 25, 2012