City tax department publicizes list of enterprises with tax arrears

The Tax Department of Ho Chi Minh City has recently released the list of 969 enterprises owing tax debts with total amount of above VND2.24 trillion.
Noticeably, there are three enterprises owing a huge amount of tax, consisting of Saigon Garment – Match Joint Stock Company with tax arrears of VND263 billion, Thanh Ngan Real Estate Company with nearly VND160 billion and No.8 Construction and Investment Joint Stock Company with nearly VND117 billion.

Many other large enterprises have also been publicized in the list, such as Transport Engineering Construction and Business Investment Stock Company 584 with more than VND75 billion in tax arrears, Bach Khoa Viet Trading – Consultancy – Investment – Construction Joint Stock Company with nearly VND75 billion, Son Thuan Investment Joint Stock Company with nearly VND62 billion and Era E&C Joint Stock Company with VND50 billion. The rest owed tax debts of VND200 million upwards.

According to the Ho Chi Minh City Tax Department, total domestic tax arrears in the city by the end of July rose by nearly 50 percent in comparison with that at the beginning of this year to around VND13.25 trillion. Of which, tax and fees were nearly VND5.49 trillion, debts relating to land were VND3.82 trillion and fines and late payments were VND3.93 trillion.

By Han Ni – Translated by Thuy Doan

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