Hanoi Tax Department responds about tax management of My Dinh National Sport Complex

VCN – Hanoi Tax Department informed about tax management of My Dinh National Sport Complex in recent times.
My Dinh National Sports Complex did not fullfil or did not fully nor promptly implement the provisions of the law.
My Dinh National Sports Complex did not fullfil or did not fully nor promptly implement the provisions of the law. Source: Internet

According to the Hanoi Tax Department, My Dinh National Sports Complex is a self-financed non-business unit. During its operation, it has run joint venture projects, linked with units for a limited time in some greenfield areas and signed short-term space lease contracts at planned construction land areas which have not been deployed.

According to law, My Dinh National Sports Complex must use the land in accordance with the provisions of the Law on Land and its guiding documents. When arising business activities and land use which do not comply with the land allocation decisions or land lease contracts issued by competent State authorities, they must report and comply with the legal order and procedures on land.

After approved by competent State authority in charge of land, the unit is responsible for declaring and paying financial obligations in accordance with the Law on Tax Administration.

However, according to the Hanoi Tax Department, for various reasons, My Dinh National Sports Complex did not fulfill or did not fully nor promptly implement the provisions of the law.

In the process of tax administration, Hanoi Tax Department asked My Dinh National Sports Complex to explain and provide its joint venture, association and lease contracts. On the basis of documents provided by the unit, Hanoi Tax Department has worked with the departments and branches of the city to guide, urge and request the unit to comply with provisions of law.

The tax authority has also issued notices of land rent collection and collecting land rental arrears for the unit. At the same time, when My Dinh National Sports Complex did not comply with payment, from 2018 to now, tax authorities have repeatedly applied coercive decisions in accordance with the provisions of the law on tax administration.

On April 23, 2019, the Government Inspectorate issued Decision No. 288/QD - TTCP on the comprehensive inspection of the observance of law provisions on the management and the use of land and public property in My Dinh National Sports Complex. As soon as an inspection conclusion is available, Hanoi Tax Department has issued a document to advise the Hanoi People's Committee to direct departments and branches to continue to coordinate with the tax authority in urging My Dinh National Sports Complex to pay land rent arrears following the payment notices of tax authority. At the same time, it issued a document on directing the units under Hanoi Tax Department to implement contents as proposed by the inspection agency.

By Thùy Linh/Thanh Thuy

Related News

Removing difficulties in implementation of e-invoices generated from cash registers

Removing difficulties in implementation of e-invoices generated from cash registers

VCN - The Tax sector will develop many technical solutions to help taxpayers easily make and receive electronic invoices generated from cash registers for some direct-to-consumer business sectors
Hanoi: Determine to launch effectively e-invoice initialized from cash register

Hanoi: Determine to launch effectively e-invoice initialized from cash register

VCN - Hanoi Tax Department strengthens guidance and supports and urges taxpayers in the group to deploy electronic invoices (e-invoice) created from cash registers connected to tax authorities.
10 outstanding events of the tax sector in 2022

10 outstanding events of the tax sector in 2022

VCN - The General Department of Taxation has just announced 10 outstanding events in tax of 2022 - the key year for implementing the Tax System Reform Plan under the Tax System Reform and Modernization Strategy to 2030.
How to locate the place to submit the tax settlement dossier of personal income tax?

How to locate the place to submit the tax settlement dossier of personal income tax?

VCN – The tax authority has issued specific guidance about the place for submitting the tax settlement dossier of personal income tax (PIT).

Latest News

Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion, equaling 30.9% of the estimate, up 5.3% over the same period in 2022.
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

More News

In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Consider raising the level of penalties to ensure fairness and transparency in the stock market

Consider raising the level of penalties to ensure fairness and transparency in the stock market

VCN - Mr Pham Hong Son, Vice Chairman of the State Securities Commission, discussed solutions to improve the capacity, improve fairness and transparency of the stock market.
Central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Solutions to attract FDI when implementing the global minimum CIT

Solutions to attract FDI when implementing the global minimum CIT

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in attracting foreign investment (FDI) in Ho Chi Minh City.
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

VCN – The promulgation of Vietnam's Decree on Vietnam's special preferential import tariff to implement the Vietnam-Cuba Trade Agreement for 2022-2027 creates a stable and open legal framework, facilitates import and export activities, brings expected great benefits to the business community of the two sides, promote two-way trade turnover and develop Vietnam-Cuba trade relations.
Being many "hot" issues at the general meeting of shareholders of banks

Being many "hot" issues at the general meeting of shareholders of banks

VCN - International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Mobile Version