Ha Noi publicized businesses have over 150 billion vnd tax debt

Within the first 8 months of 2016, the sum of collected tax debt from the entire Hanoi Tax Department was 9.368 billion vnd. Photo: Thu Hang.

In this list there are 136 tax debt companies, totaling more than 133.3 billion vnd and 9 units of land rent totaling more than 17.1 billion vnd.

Topping the list of tax debts is TSQ Techco Joint Stock Company (Address: Mo Lao urban area, Mo Lao Ward, Ha Dong District, Ha Noi) with debt of more than 20 billion vnd. Additionally, other companies are: Thang Long Real Estate Joint Stock Company (tax debt of more than 9 billion vnd), the Electricity Infrastructure Development and Telecommunications Joint Stock Company (over 8 billion vnd tax debt), Phuc Dien Machinery and Equipment Limited Liability Company (more than 6 billion vnd tax debt) ...

According to the Hanoi Tax Department, the Department defines that debt management is one of their key tasks which contribute to complete the local State budget revenue annually. With the drastic measures implemented in debt collection, in the first 8 months of 2016, total tax debt collected by the Tax service throughout Hanoi was 9,368 billion vnd.

Hanoi continues to identify the list of enterprises that have tax debt

With support from the Tax office, the vast majority of taxpayers comply with tax policy and regulations. However, there are still some companies that have not taken seriously and fully the provisions of the tax law, which leads to prolonged debt. Reportedly, in the first 9 months of 2016, the Hanoi Tax Department has publicly posted 9 rounds of with 1,268 businesses and projects which have tax debt, fees, land use fees with a corresponding tax debt of 2,250 billion vnd. Results after publicity, there have been 629 of 1,268 businesses paid back the corresponding debt of 332.8 billion vnd to the State budget.