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Update news Tax fraud
Nguy Thi Khanh, director of Vietnam’s Green Innovation and Development Centre (GreenID), has been arrested for tax evasion.
All fuel pumps at petrol stations in HCM City will be sealed from September 2017 to prevent tampering of their meters by the stations and ensure they fully pay taxes.
The heir to the Nina Ricci perfume and fashion fortune has been convicted of tax fraud by a Paris court after hiding millions in an offshore HSBC account.
VietNamNet Bridge - Tax obligations often significantly burden businesses operating in Vietnam. To maximize profit, companies often seek out ways to avoid mandatory tax payments.
VietNamNet Bridge – Deputy general director of the Department of Taxation Cao Anh Tuan told Kinh te Dau tu (Economics and Investment) newspaper the Government is going to tighten control of bill printing by companies.