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Sunday, September 25, 2022

Hanoi City suggests travel ban on tax debtors

The Saigon Times

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HCMC – Authorities in the capital city of Hanoi said they would coordinate with the Vietnam Immigration Department, under the Ministry of Public Security, to ban legal representatives of enterprises that owe taxes from exiting Vietnam.

The move came after an interdisciplinary delegation in the city worked with 26 businesses and projects that remain delayed to pay land-related debts yesterday, September 16.

The interdisciplinary delegation included representatives of taxation, construction, planning and investment, planning and architecture, police, and natural resources and environment authorities in the city.

Aside from the travel bans, the delegation suggested the municipal government not give the green light to new projects or administrative requests from investors that owe taxes.

For projects that remain on paper or stalled but still owe debts, the delegation will list these projects and report it to the city’s government, seeking a nod to withdraw the land and projects in line with the Land Law.

According to data from the Hanoi Taxation Department, the competent agencies had reviewed and addressed tax debts linked to 40 projects lagging behind schedule in the city, with total tax debts of VND3,867 billion.

As of mid-September this year, the forces had collected VND757 billion in taxes from 23 projects and are actively working to collect the remaining amount of over VND3,100 billion.

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