Uber BV completely pays off tax arrearsWednesday, September 12,2018
AsemconnectVietnam - The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of VND53 billion (US$2.26 million), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
According to the deputy general director of the department, his agency in early September 2017 issued a decision on the punishment of administrative violations on tax and collection of over VND66.68 billion of arrears for Uber BV.
However, Uber BV paid only VND13.3 billion (US$568,761) and refused to pay the remaining VND53 billion, which included the value added tax and personal income tax payable by its drivers. It made a complaint to the Ministry of Finance and sued the tax department to the Ho Chi Minh City People’s Court.
In late March 2018, Uber BV stopped operations and closed all offices in Vietnam by merging with Grab, causing difficulty for the municipal tax department in collecting tax arrears from the firm.
However, on July 26, Uber BV withdrew its petition against the department. The municipal People’s Court decided to suspend Uber’s administrative law suit against the department.
The Department said the firm was fined for wrongful declaration, resulting in a shortage of tax of nearly VND10.3 billion (US$440,469), and payable tax arrears of nearly VND51.48 billion (over US$2.2 million).
In addition, the company also has to pay a late payment of VND4.9 billion (US$209,494) as of August 31, 2017.
Brand building key for agri firms
Viettel Global to list 2.24 billion plus shares
Saigontourist opens two new four-star hotels
CJ Group opens animal feed plant in Binh Dinh
Vietjet opens new route between Nha Trang and Danang
Vietcombank to cut stake in Eximbank
Number of firms in Viet Nam surges by over 50%
Work starts on first low-iron quartz powder plant in Viet Nam
Long Hau to develop first factory cluster for lease in Danang
Vietjet offers millions of promotional tickets
Korean brand CUCKOO hits Vietnamese shelves
Vietnam Airlines, Hong Kong group teams up to boost in-flight sales
Vinafood 2 to supply rice for Philippine firm
Vietnam one of PepsiCo’s 20 priority markets