FDI enterprises in massive tax arrears
Sunday, June 9,2019
AsemconnectVietnam - The HCM City Depatment of Customs has listed 1,000 businesses that have not paid tax worth trillions of dong, including foreign direct investment (FDI) firms.
Some of the companies were well in arrears, such as NIVL Joint Stock Company that owed VND150 billion (US$6.45 million), excluding penalties for late tax payments over a number of years, the department said. The FDI firm received its investment licence in 1998, but the owner had left the country, leaving huge tax debts behind.
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