More than 50 companies with tax arrears have stopped using invoices
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Vietstock – More than 50 businesses with tax arrears have stopped using invoices
Overdue taxes amounted to hundreds of millions to tens of billions, and dozens of companies were punished by the tax department Ho Chi Minh City Enforce by stopping use of invoices
Tax Department Commercial Transaction Representative Ho Chi Minh City |
In December 2023, the tax department Ho Chi Minh City An executive decision was announced to stop the use of invoices and declare that invoices from more than 50 businesses in the city are no longer valid. The period for an enterprise to stop using invoices is one year from the date when the execution decision takes effect.
The reason is that these companies owe taxes more than 90 days after the prescribed tax payment deadline expires. The amount of tax owed by each company ranges from hundreds of millions to tens of billions of dong.
Units that were forced to stop using the invoices and were informed that the invoices were no longer valid include: Cregre Co., Ltd., 68 Transportation Construction Joint Stock Company, Saigon Urban Development Investment Consulting Trading Co., Ltd. Housing Investment-Construction and Trading Joint Stock Company, Sutrix Solutions Company Limited, Infrastructure Development Investment Joint Stock Company, Fidal Franceskinj Chazard & Partners Law Company Limited, Campell Company Limited Shillinglaw & Partners (Vietnam), Hai Real Estate Investment and Development Company Limited, Vietnam Petroleum Corporation, Real Estate Joint Stock Company Branch 10 – Architectural Design Enterprises, Petroleum Depot Joint Stock Company Vietnam Airlines, Phat Dat Consulting Co., Ltd….
Stopping the use of invoices is one of many measures to combat corporate tax violations. After the business has paid the tax in full, the tax authorities will notify you to continue using the invoice.
tax bureau Ho Chi Minh City Indicates that the company’s tax deadline is 90 days. After this period, if the business remains unpaid, taxes are owed, and the law allows tax authorities to take enforcement action when the debt persists for more than 90 days.
Photo News: Thy Tho