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tax debts

Temporary exit suspension due to tax debts applied for some people

Temporary exit suspension due to tax debts applied for some people

Not all individuals who owe taxes will have their departure delayed, the process only applies to a small number, according to the General Department of Taxation.
Businesses in HCM City face significant tax debts due to financial constraints

Businesses in HCM City face significant tax debts due to financial constraints

A number of businesses in HCM City, particularly those operating in the real estate sector, are facing significant tax debts due to financial constraints and liquidity issues.
Tax authority proposes to erase VND12 trillion irrecoverable debts

Tax authority proposes to erase VND12 trillion irrecoverable debts

The General Department of Taxation (GDT) has proposed to erase VNĐ12 trillion (US$515 million) out of total VNĐ30 trillion irrecoverable tax debts.
Erasing tax arrears must be transparent

Erasing tax arrears must be transparent

Experts said erasing uncollectable tax arrears was necessary but transparency must be ensured throughout the process to prevent losses to the State budget.
Uber pays off tax debts

Uber pays off tax debts

Uber B.V has completed the payment of its remaining tax debts and evasion penalties worth more than VND53 billion (US$2.3 million), five months after the ride hailing company ceased operations in Viet Nam, according to a tax official.
Forgiving tax debts must be done transparently

Forgiving tax debts must be done transparently

A recent proposal by the Ministry of Finance to clear over VND26.5 trillion (US$1.16 billion) of tax arrears, accounting for more than a third of all tax arrears and irrecoverable fines, has raised public concern about the fairness and transparency...
Debt must be collected promptly: GDT

Debt must be collected promptly: GDT

Tax authorities have been told to collect tax debts of enterprises totalling VND23.5 trillion (over US$1 billion), or an 18.8 per cent year-on-year increase, by the end of July , the General Department of Taxation (GDT) reported.
MoF proposes clearing, freezing tax debts

MoF proposes clearing, freezing tax debts

The Ministry of Finance (MoF) has proposed clearing and freezing tax debts of enterprises totalling VND14.7 trillion (approximately US$655 million) as one of the measures to tackle the difficulties they are facing.
Tax arrears to be publicised

Tax arrears to be publicised

More than 600 enterprises owing large tax debts will be made public this month, according to the Ministry of Finance.
Firms get right to defer tax payments

Firms get right to defer tax payments

Enterprises would be allowed to pay their tax debts by installments from the beginning of next month, under a new proviso intended to assist firms in weathering the economic storm.