Tags: tax evasion

Tax policies must support firms to boost revenue: official

Tax policies must support firms to boost revenue: official

The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister of Finance Tran Xuan Ha has said.

Vietnam faces increasing tax evasion and avoidance

Vietnam faces increasing tax evasion and avoidance

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.

Legal proceedings against lawyer Tran Vu Hai on tax evasion

Legal proceedings against lawyer Tran Vu Hai on tax evasion

The investigation agency of Khanh Hoa province’s Police has started legal proceedings against Tran Vu Hai, head of the law firm Tran Vu Hai, and his accomplices on a charge of “tax evasion”, the Ministry of Public Security announced on July 2.

New corporate income tax law aims to halt tax evasion

New corporate income tax law aims to halt tax evasion

In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.

MoF probes Grab for possible tax evasion

MoF probes Grab for possible tax evasion

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.

Tax mismanagement cost the State budget

Tax mismanagement cost the State budget

The Government Inspectorate of Vietnam has revealed that mismanagement in tax collection between 2012 and 2014 caused mounting arrears and losses of trillions of dong to the State exchequer.

Deputy PM signs no-cash policy

Deputy PM signs no-cash policy

Deputy Prime Minister Vuong Dinh Hue has signed a policy decision encouraging cash-free transactions in Vietnam in order to reduce the number of cash-based deals, improve overall electronic payment methods and control tax evasion.

Agoda.com accused of tax evasion

Agoda.com accused of tax evasion

The local-based Vntrip.vn has said that it found shortcomings and lack of transparency in competition between domestic and foreign enterprises, especially in online hotel booking.

US claims Vietnam steel evades tax

US claims Vietnam steel evades tax

The Vietnam Steel Association will protect the interests of local firms after Vietnamese steel exporters were accused of tax evasion in the US, said the association’s vice chairman, Nguyen Van Sua.