Vietnamese Tiếng Việt | Monday, May 21, 2018 | Advertise with Us
Text Size

Ha Noi recovers $4.7 million in tax fraud inspections

(0 votes, average 0 out of 5)

Officers from the capital city's taxation office have recovered VND100 billion (US$4.7million) after uncovering a series of tax frauds in the first quarter, announced the Ha Noi taxation office.


During inspections, the office discovered many tax violations implemented by city enterprises. Officers said the addition of stricter and more frequent tax inspections helped avoid hundreds of billion of dong in losses to the State budget.

The office's deputy head Thai Dung Tien said the inspections and checks had been implemented since early this year based on an analysis of tax payers and their business data, adding that there would be more inspections in the coming time.

Most of the violations were found among key enterprises, enterprises with foreign direct investment, and enterprises which reported business failures.

Tax officers also finished tax procedures for enterprises that have ceased operations to ensure a cleaner tax map.


Source: VNN

Maybe You Also Interesting :

» State-owned companies’ outward investments yield few profits

State-owned corporations have spent big money on outward investment projects, but have seen few profits.

» Vietnam’s aviation market welcomes new fleets

By December 2017, Vietnam’s airlines had been operating over 160 airplanes of different kinds. The biggest fleet belongs to Vietnam Airlines with 86...

» HCM City seeks more funds for metro

HCM City authorities have asked the National Assembly (NA) to increase investment for the city’s first two metro lines that start near Ben Thanh Market in...

Popular News Categories:

- Asia & Asian  |  EU & Russia  |  America & US

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet

Culture & Tourism:

-> About Vietnam  |  Things To Do

-> Destinations  |  Events Calendar

-> Visa Online  |  Flights & Transport

-> Accomodation  |  Tours & Cruise

-> Find more go to Travel.VN...