Inform tax debt to each enterprise owing the amount of debt over 5 million VND

HCM City and Hanoi were 2 leading provinces with the amount of debt were 9,890 billion VND and 13,530 billion VND respectively. Photo: TL

Accordingly, the list would include enterprises owing tax debt of over 5 million VND or more in the management area at the point of 31/8/2018. The amount of tax debt which would be urged or coerced from an enterprise does not include: the amount of tax debts already paid to the State budget but is pending for adjustment, tax debt waiting for settlement, bad debts, and debt complaints.

Among 16 provinces, there are more than 77,000 enterprises with a tax debt of over 5 million VND with total debt of 33.7 thousand billion VND. In that, 70,000 enterprises have owed debt over 90 days.

Ho Chi Minh City and Hanoi are the two leading provinces with the debt of 9,890 billion VND and 13,530 billion VND respectively.

Basing on the debt collection situation, the General Department of Taxation requested the Director of tax departments to closely monitor, supervise and inspect the progress of implementation of coercive measures and the process of daily debt collection in order to ensure the task of debt collection and not to generate new debt.

For tax debts of from 1 to 30 days, the General Department of Taxation required each tax department to make a telephone call, send a text message and send an email to the enterprises or legal representative of the taxpayer for informing the amount of tax debt.

For the tax debts of 31 days and over, the tax authorities should issue tax notices, fines and the amount of late payment to each taxpayer for requesting of making payment of tax debts into the state budget.

For debt payment from 91-120 days, the enforcement decision must be issued by applying measure of deducting money from the account, freezing the account of the enterprise.

For the tax debts of 121 days or more and already issued coercive decisions on deduction of money from accounts or blockade of accounts, but the coercive decisions have expired (more than 30 days) and the enterprises have not made payment or have not fully paid the amount of tax debt - Tax authorities would issue coercive decision by informing the invoices are no longer valid

The General Department of Taxation requested tax departments to publicize information on taxpayers who intentionally delay to pay tax debt, which are not due on time, in order to strongly condemn and resolutely handle acts of tax evasion, tax fraud and not fulfilling tax obligations.