Company in Hoa Binh has frozen tax debt of VND1.8 billion

	Urgently handle irrecoverable tax debts
	Guidance on procedures for tax debt handling
	Procedures for cancellation of decision on debt freezing and remission

The tax debt freezing and write-off are being seriously implemented by tax departments. Photo TL.

According to the decision by HoaBinh Tax Department, 28 taxpayers subject to tax debt freezing have owed VND1.93 billion from July 1, 2020.

They are all taxpayers who no longer do business at the addresses registered with the business registration office. The tax agency has worked with the People's Committees of communes, wards or towns where the taxpayers registered business addresses or contact addresses to check and verify the above information (as prescribed in Clause 4, Article 4 of Resolution No. 94/2019 / QH14).

Notably, Hung HoaBinh Investment One Member Limited Company had frozen tax debt of over VND1.81 billion, including: natural resource consumption tax was over VND930 million; value added tax over VND624 million; corporate income tax VND41.8 million; environmental protection fee for the mineral exploitation VND162 million; level 1 license tax VND9 million; administrative fines by the tax agency VND50.5 million.

In addition, other companies subject to tax debt freezing included Bao Ngoc One Member Limited Company (VND17 million); Thai Thu One Member Company Limited (VND16.8 million); and Minh Trung Financial Consulting Co., Ltd (VND10 million).

According to HoaBinh Tax Department, Head of Debt Management and Enforcement Division will be responsible for the accuracy of the data and information of applications for debt freezing.

Based on the frozen tax debt amount, HoaBinh Tax Department will adjust the tax debt of taxpayers.

Previously, the tax branches of HoaBinh Tax Department also issued many decisions on tax debt freezing for business households in the province. For example, the Tax Branch of Mai Chau district has frozen debt for business households including Mr. Phan Doan Hai (Chieng Chau commune, Mai Chau); Mr. Nguyen Quang Thai (Chieng Chau commune, Mai Chau); and Ms. Ha Thi Hue (Mai Chau town, Mai Chau district).

Process of tax debt remission for individuals and business households

For these cases, the Leader of the tax administration team will be responsible for the accuracy of the data and information of applications for freezing.