Ho Chi Minh City: Nearly a hundred businesses owe billions in taxes

	Ha Noi Tax Department collected VND 825.4 billion through publicly naming businesses having tax debts
	Ho Chi Minh City: Focus on handling outstanding debts and preventing budget revenue losses
	The Ho Chi Minh City: Tax debts of real estate companies rise

Enterprises with projects owing a hundred billion tax debts have paid taxes after being named in November 2018.

335 businesses owing tax debts, named

According to the list of tax debts in 12/2018, newly announced by Ho Chi Minh City Department of Taxation, 335 enterprises owe tax with a total debt of 1,962.4 billion. In which nearly 100 businesses owe tax from 1 billion or more; 40 businesses owe tax from over 10 billion dong.

Notably, some businesses have tax debts of over VND 100 billion, such as Viet Hai Shipping and Real Estate Joint Stock Company owes more than VND 177.8 billion, Tan An Housing Construction and Trading Joint Stock Company Debt of 162.7 billion dong, Thai Thinh Capital Joint Stock Company owes 119.4 billion dong, branch of Binh Duong Construction Stone Company Limited in Ho Chi Minh City owes 118.3 billion dong, Investment and Construction Joint Stock Company No. 8 owes 112.5 billion...

In addition, a number of large enterprises owe tens of billions of tax, such as: Aloe Trading Co., Ltd., owes 96 billion dong; Thai Son Corporation Limited owes 86 billion dong, CP of construction investment and transport construction 584 debt 72 billion, Diep Bach Duong Company owes 35.5 billion dong, Lasta multimedia communication joint stock company owes 34.5 billion dong, the first joint stock company and Southern Green Land service owes 34.3 billion dong, Thao Dien Investment Joint Stock Company owes 30.5 billion dong, Ngoc Suong Joint Stock Company owes 26.8 billion dong ...

For the above mentioned tax debts, the Tax Department of HCM City has applied tax debt enforcement measures to enterprises, such as: Blocking bank transaction accounts to extract tax payments; Preventing the use of invoices by notifying the use of invoices ... However, many cases are still difficult to recover. For example, if the tax debt is over VND 119 billion, such as that of Thai Thinh Capital Joint Stock Company, according to the reporter's information, this company has been licensed to operate since 2004, and at the end of 2013 closed the tax code.

Notably, among businesses that owe billions of taxes, many real estate enterprises owe taxes from a few dozen to several hundred billion dong, but do not pay to the state budget as mentioned above, causing the tax debt from houses and land in Ho Chi Minh City to soar, with an increase of more than 57%..

Resolutely reduce tax debt

According to Ho Chi Minh City Tax Department, as of the beginning of December 2018, the total tax debt at Ho Chi Minh City Department of Taxation was VND 10,236 billion, up 35% compared to the end of 2017. Of which, taxes and fees were VND 5,104 billion, up compared to December 31, 2017, by more than VND 1,422 billion, equivalent to an increase of 38.64%;

Debts relating to land were VND 1,826 billion, an increase of VND 663 billion compared to December 31, 2017, equivalent to an increase of 57.01%; Debts from fines and late payment are VND 3,221 billion, an increase of VND 526 billion compared to December 31, 2017, equivalent to 19.52%.

Concerning tax debts at the Tax Department of Ho Chi Minh City, at the meeting with Ho Chi Minh City People's Committee in the middle of December 2018 on the work of budget collection, anti-smuggling and trade fraud in 2018, Minister of Finance Dinh Tien Dung said that the goal of the taxation industry is to bring outstanding debts to below 5%, but the amount of tax arrears of less than 90 days that can be collected at the Tax Department of HCM City in 2018 has increased again, What are the causes? The answer must be given to immediately handle the increased tax debt.

At the same time, the Minister requested the HCM City Department of Taxation to immediately handle tax arrears in accordance with the conclusions of the State Audit; the amount of outstanding tax must be reduced, or at least equal to the amount of debt owed at the end of 2017, not to raise tax debt.

Previously, Ho Chi Minh City People's Committee also requested the tax authorities to perform tax debt management and tax debt enforcement well to recover tax debts and reduce tax debt; enhance discipline, political awareness and ideology in tax administration and tax debt management; resolutely fight, prevent and timely handle acts of causing troubles and harassment in the performance of official duties; promptly praise and reward those units and individuals that have good achievements in tax administration, tax debt recovery and tax debt enforcement.

In addition, the People's Committees of districts should strengthen the coordination with tax authorities to handle and urge tax arrears for businesses and business households, especially the market areas with large concentration of business households; to definitely handle enterprises with land rent and land use levy; propose a debt recovery plan for projects that do not fulfill tax payment obligations.

As known, in 2018, the tax department of Ho Chi Minh City has implemented many solutions to collect tax debts, in which publicizing information of taxpayers not paying taxes on the mass media with 5,500 taxpayers' turns, with a total tax debt of over VND 8,500 billion.

The "secret" to control tax debts of Dong Nai Customs Department VCN - With the effective implementation of measures to reform procedures and raise revenues, the state budget ...

With synchronous solutions, the Department of Ho Chi Minh City has handled and recovered VND 5,760 billion of 2017 tax debts transferred to 2018. In which collection by debt management measures was VND 3,341 billion, collected by debt enforcement measures is VND 2,419 billion.