Morning news 13-5: Nearly 61,500 notices of temporary suspension of exit with tax debt of more than 83,000 billion VND

Morning news on May 13: Nearly 61,500 notices of temporary suspension of exit with tax debt of more than 83,000 billion VND - Photo 1.

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Nearly 61,500 notices of temporary suspension of exit with tax debt of more than 83,000 billion VND

According to the Tax Department, the promotion of the temporary suspension of exit for taxpayers who have not fulfilled their tax obligations has initially recorded many positive results.

To date, the tax authority has issued nearly 61,500 notices of temporary suspension of exit with tax arrears of more than VND83,000 billion. Of these, 36,646 taxpayers have abandoned their business addresses with tax arrears of VND13,407 billion.

News - Photo 2.

GOLD PRICE UPDATE

Thereby, the tax authority has collected 4,955 billion VND from 7,300 taxpayers whose exit from the country is temporarily suspended.

However, sending a notice of temporary suspension of exit by traditional administrative methods such as paper documents or express delivery... may be delayed and lack synchronization in data processing, causing unnecessary administrative costs.

The Tax Department and the Immigration Department have just signed a regulation on coordination in exchanging and providing information on temporary exit suspension electronically.

The Tax Department said it will continue to coordinate with the State Treasury and the commercial banking system to transmit and receive tax payment information electronically, in order to shorten the time for confirming completion of tax obligations, promptly remove the temporary exit suspension order, and create favorable conditions for taxpayers.

Fined the company that advanced tens of billions to the general director for financial investment.

The State Securities Commission has just issued a decision to impose administrative sanctions on Vietnam Revival Health Joint Stock Company.

This enterprise was fined a total of 367.5 million VND. Among them, there was a fault due to not publishing information that must be published according to regulations with a series of reports.

In addition, the company was fined VND150 million for disclosing false information in its 2020 governance report.

Specifically, in the 2020 financial report, the company had a transaction with a related party to recover an advance payment of VND 18 billion from the general director, Mr. Luu Quang Thinh, transferred to Ms. Phan Thi Thanh Huyen for a loan.

However, the 2020 management report stated "none".

Vietnam Revival Health Joint Stock Company was also fined VND125 million for making an advance payment to Mr. Luu Quang Thinh to make a financial investment worth VND54.16 billion, accounting for 95.6% of total assets, but not approved by the general meeting of shareholders at the time of the advance payment.

Thu Duc Water Supply Company is being charged billions of dong in back taxes

Thu Duc Water Supply Joint Stock Company (TDW) has just announced that it has received an administrative penalty decision on tax from the Tax Department of Region II, according to the recommendation of the State Audit for the fiscal year 2023.

Specifically, on April 29, TDW was administratively fined nearly VND 210 million for false declaration, leading to a shortage of corporate income tax payable in 2023.

In addition, the company was also charged over VND1.05 billion in corporate income tax and a late tax payment penalty of over VND86 million. The total amount of fines, arrears and late tax payment that TDW must pay is over VND1.3 billion.

Warning about unofficial costs in car transactions

News from the National Competition Commission said it had received feedback related to consumers having to pay additional unofficial fees when buying cars, especially for car models that are scarce on the market.

All of the above expenses are direct transactions between employees and customers, without transaction documents and without legal confirmation from the sales unit, the competition authority stated.

Morning news on May 13: Nearly 61,500 notices of temporary suspension of exit with tax debt of more than 83,000 billion VND - Photo 4.

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In addition to the above phenomenon of paying additional costs, in car buying and selling transactions, there is also a common situation where employees suggest or force customers to buy additional accessories and services (for example, car insurance services) to get priority to buy a car early.

This additional purchase cost is often higher than the market level, the National Competition Commission noted.

The National Competition Commission recommends that consumers carefully research prices before buying a car: proactively look up official listed prices from manufacturers or official information channels; compare prices and incentives between dealers to make appropriate decisions; clearly identify the costs to be paid before signing a contract.

Be cautious and wary of direct transaction offers without documents or invoices from sales staff.

News - Photo 4.