tax evasion

Latest News about tax evasion

Steam, Netflix do business in Vietnam without paying taxesicon

Steam, Netflix do business in Vietnam without paying taxes

Territories are subject to different tax rates by Steam, but Vietnam is not included, although this platform has subsidized Vietnamese users since 2017.

 
Tax inspectors detect 72 enterprises with suspected transfer pricingicon

Tax inspectors detect 72 enterprises with suspected transfer pricing

BUSINESS
10/07/2020

The General Department of Taxation inspected 72 enterprises suspected of indulging in transfer pricing, collecting taxes and imposing fines of VND212 billion, 

Bank accounts of local advertisers to be drained for Facebook and Google tax arrearsicon

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears

BUSINESS
08/07/2020

Dozens of thousands of local advertisers of Facebook and Google are on edge since the Law on Tax Administration has come into force on July 1.

Transfer pricing among FDI firms in Vietnam at alarming rate: State Auditicon

Transfer pricing among FDI firms in Vietnam at alarming rate: State Audit

BUSINESS
10/06/2020

While FDI firms continue to report losses, they keep expanding operations in the country.

Vietnam faces increasing tax evasion and avoidanceicon

Vietnam faces increasing tax evasion and avoidance

BUSINESS
08/05/2020

Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.

Vietnam to talk with the US on Minh Phu tax evasion caseicon

Vietnam to talk with the US on Minh Phu tax evasion case

BUSINESS
09/02/2020

The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phu seafood firm, which was accused of tax evasion in the US.

Minh Phu Seafood shares fall on investigation of tax evasionicon

Minh Phu Seafood shares fall on investigation of tax evasion

BUSINESS
22/01/2020

Minh Phu Seafood Corp shares fell for a second day after the company confirmed it would co-operate with the US investigation into whether the Vietnamese firm had evaded anti-dumping taxes or not.

Customs agency takes strong measures to fight fraudicon

Customs agency takes strong measures to fight fraud

SOCIETY
22/12/2019

Nguyen Nhat Kha, acting director of Risk Management Division under the General Department of Vietnam Customs speaks about measures to manage risks, prevent tax evasion and commercial fraud.

Vietnam steps up tax scrutiny of foreign invested enterprisesicon

Vietnam steps up tax scrutiny of foreign invested enterprises

BUSINESS
18/12/2019

Local authorities are trialing ways to prevent multinationals from structuring affairs in order to divert profits to low tax jurisdictions.

Vietnam is urged to tighten origin rules to avoid investigationsicon

Vietnam is urged to tighten origin rules to avoid investigations

BUSINESS
17/09/2019

Some Vietnamese exports have been investigated for origin fraud and tax evasion, which requires tougher action from the Vietnamese Government to settle the problem and keep its exports growing.

Vietnamese government to crack down on trade fraudicon

Vietnamese government to crack down on trade fraud

BUSINESS
12/06/2019

The Government will adopt stricter penalties to prevent foreign goods being exported to the other markets under Vietnamese labels to avoid tariffs.

HCM City shames customs tax evadersicon

HCM City shames customs tax evaders

BUSINESS
09/06/2019

As of May 15, the total tax debt at the HCM City Customs Department reached VND2.4trn (USD102.2m), of which over VND1.4trn were bad debts.