Gold shop in An Giang evaded taxes 90 billion VND

This is new information provided by the Ministry of Finance regarding the private enterprise case Gold shop Phuoc Nguyen in Long Xuyen city (An Giang province) was determined by the An Giang province police investigation agency to not issue invoices and not declare and pay taxes with an amount of over VND 10,000 billion.

Specifically, the Ministry of Finance said that Phuoc Nguyen gold shop has a legal representative, Mr. Nguyen Thanh Binh. In particular, this gold shop does not have a foreign currency business license.

According to the investigative documents of the Investigation Police Agency of An Giang Province, from 2015 to 2020, through payment transactions, this gold shop has sold gold and foreign currency in contravention of the law. the law. In which, the revenue from this gold sale business reached over VND 6,362 billion.

However, the revenue from gold selling business that Phuoc Nguyen gold shop private enterprise declares to Long Xuyen City Tax Department in the period 2015 to 2020 is only 339 billion VND.

Thus, the difference in revenue from selling gold through the investigation results of the Investigation Police Agency in the period 2015-2020 is VND 6,023 billion.

Police searched and seized foreign currencies related to gold buying and selling transactions of Phuoc Nguyen Gold Shop Private Enterprise.

According to documents of the investigating police agency, to serve tax evasion, Mr. Nguyen Thanh Binh hired a number of employees and his wife – Ms. Nguyen Thi My Dung – in the name of the account holder opened at the bank, but do not declare to the tax authorities.

When there is a gold trading transaction, the buyer will transfer money to this account to pay for the purpose of hiding revenue to not paying taxes.

The Ministry of Finance said that because gold has a large transaction, according to statistics, the difference between the buying and selling prices fluctuates about 1-2% of the sales revenue, the amount of money this gold shop evades tax is estimated at about 90 billion VND. during this period.

The Ministry of Finance also said that the tax agency is still coordinating with the Police Department to investigate, and at the same time, directs the tax authorities to strengthen inspection and supervision of gold, silver and gemstone trading enterprises in their respective areas. .

Earlier, at the beginning of March, the Investigation Police Agency of An Giang Province, had additionally prosecuted a criminal case and investigated the crime of tax evasion that occurred at the private enterprise of Phuoc Nguyen gold shop in Long Xuyen city. .

The investigative agency also prosecuted the accused and detained Nguyen Thanh Binh and 5 other people for smuggling.

During the investigation of the smuggling of gold from Cambodia into An Giang, the police asked for a tax expert, and discovered that this gold shop did not issue invoices and did not declare and pay taxes over 10,000 billion VND.

In addition to the crime of smuggling that has been prosecuted, the police have grounds to determine that this gold shop is tax evasion, so they decided to additionally prosecute the case for investigation.

According to Zing