Nearly 3,000 listed companies’ names were on “display” for owing tax debt and applied tax coercion

The State Securities Commission has sent a list of violating organizations to the HSX and HXN for monitoring the reporting and disclosure obligations under their authority.

By implementing the regulation on coordination of information provision between the State Securities Commission and the General Department of Taxation, the General Department of Taxation has sent information on 581 decisions to handle tax law violations and 2,402 decisions on tax debt enforcement.

According to the State Securities Commission, among the companies that were sanctioned for tax violations, there were 130 listed companies on the HSX, 119 listed companies on the HNX, and 240 companies registered for Upcom transactions.

Furthermore, among companies subject to tax debt enforcement, there were 62 companies listed on the HSX, 99 listed companies on the HNX, 165 companies registered for Upcom transactions.

On the "black" list of penalties for tax violations that should be mentioned are: Superdong High-Speed Ship Joint Stock Company - Kien Giang (Hose) which was fined by Phu Quoc District Tax Branch for more than 14 billion VND due to late payment; Taicera Ceramics Industry Joint Stock Company (HOSE) was collected for arrears by the Dong Nai Tax Department with the amount of 10.4 billion VND; Vietnam Electricity and Construction Joint Stock Company was fined by the Hanoi Tax Department for 2.7 billion VND; Van Phu - Invest Investment Joint Stock Company was fined 7 billion VND for late payment by the Hanoi Tax Department; KIDO Group Joint Stock Company was fined by the General Department of Taxation for 2 billion VND due to late payment; Sai Gon Thuong Tin Real Estate Joint Stock Company was fined by the HCM City Tax Department for 2.8 billion VND...

For enterprises subject to tax enforcement, those that must be included are; Khang An Real Estate Investment Joint Stock Company, COTEC Investment and Real Estate Development Joint Stock Company, Tan Tao Industry and Investment Joint Stock Company, Company Shares of Thanh Nam Group, Viet Nhat Medical Equipment Joint Stock Company, HUDI Investment and Construction Joint Stock Company ...

The State Securities Commission has sent a list of violating organizations to the HSX and HXN for monitoring the reporting and disclosure obligations under their authority.