Saigon Beer, a product of Sabeco. HCM City’s tax authority decided to suspend its decision to collect Sabeco’s tax bill of VNĐ3.14 trillion ($315 million). — Photo cafef.vnViet Nam News HÀ NỘI — The Tax Department of HCM City has decided to suspend its decision to collect VNĐ3.14 trillion (US$134.8 million) from Sài Gòn Beer-Alcohol-Beverage Corporation (Sabeco) for the company’s special sales tax violations. The suspension was made following the Government Office’s official letter, dated January 2, in which Prime Minister Nguyễn Xuân Phúc requested the Ministry of Finance and the People’s Committee of HCM City to direct the City’s Tax Department to suspend enforcement in the case. On December 24, the HCM City Tax Department announced payment of VNĐ3.14 trillion was due for Sabeco’s overdue payments and monetary penalties for special sales tax in the period from 2007-15, … [Read more...] about HCM City’s tax authority suspends enforcement decision against Sabeco
Penalties for not paying taxes
Used Grab and Uber helmets are seen at a used-helmet shop in Jakarta, Indonesia, April 2, 2018. Photo by Reuters/Beawiharta Ride-hailing firm Grab Vietnam on Thursday said it would not be paying any back taxes rival Uber might still owe in Vietnam despite its deal to acquire the latter's operations in Southeast Asia. "This matter is Uber's responsibility. Grab did not buy Uber's legal status in Vietnam, which is the unit bearing all legal responsibilities for settling tax-related issues with the tax department," a Grab representative told VnExpress, adding that all questions related to the issue should instead be sent to Uber. An official from Ho Chi Minh City's tax department said that the department is still waiting for Grab to submit an official report on the acquisition deal before deciding on how to handle the issue. Commenting on Grab's announcement, lawyer Doan Van Hau, chairman of the Vietnam Lawyers' Commercial Arbitration Center, said Grab's refusal is in violation of … [Read more...] about Grab says it will not pay any back taxes owed by Uber in Vietnam
VietNamNet Bridge - More countries want to collect taxes from multinational technology groups like Google and Facebook, but the problem they face is how to do it. The global and local media has reported that the Indonesian government decided to collect tax arrears for the past 5 years from Google, estimated at over $400 million for 2015 alone. Indonesia is the first Southeast Asian nation that will collect tax arrears from Google. Earlier this year, Google's head office in Paris was inspected by the local government, with the request of paying $1.76 billion in tax arrears. In 2013, the UK accused Google of tax evasion. In recent years, the question whether Google and Facebook has dodged or evaded taxes and how to collect taxes from these groups has been repeatedly raised. In Vietnam, advertising on Google and Facebook is done via two methods: through agents and online transactions. For the first method, only a few firms have registered and paid taxes for the services. For the … [Read more...] about Google faces tax penalties in Indonesia – does it pay tax in Vietnam?
Seafood exporters and processors have expressed their objections towards a draft decree that aims to remove the grace period on import duty payments for raw materials and accessory imports. The draft was open for feedback at a meeting held by the Vietnam Association of Seafood Exporters and Processors (VASEP) on Monday, where it was strongly criticized as unreasonable by delegates who said they were surprised to learn of the new policy. … [Read more...] about Draft to remove grace period on import tax blasted
According to the Department of Export-Import Tax at the General Department of Customs, it has got a report from the Tan Son Nhat International Airport Customs under the HCMC Customs Department that four companies with overdue tax debts have been stopped clearing their goods from the airport. These four enterprises did not respond to the notice about tax debts and penalties for delayed tax payments. According to the Tan Son Nhat International Airport Customs decisions, the businesses should be prevented from customs clearance nationwide until they pay off their tax debts and fines. Earlier, the Customs Department of An Giang issued similar decisions on six corporate taxpayers who owe a total of VND2.35 billion, with one of them alone owing a hefty VND1.88 billion. Similarly, on May 14, the Quang Ninh Customs Department disallowed an import shipment of a Hanoi-based company to go through the customs since the firm has yet to pay the Mong Cai border gate customs VND194 million in … [Read more...] about Tax debtors denied customs clearance