Ba Ria – Vung Tau: Coercion, recovery of 1,000 billion VND in taxes and land rent from Paradise
On April 26, news from the Tax Department of Vung Tau – Con Dao (Ba Ria – Vung Tau province) said that Mr. Doan Van Dang, Director of the Department, had just signed 4 enforcement decisions against Vung Tau Joint Venture Company. Paradise (No. 1 Thuy Van Street, Vung Tau City).
The amount that this joint venture owes for land rent and taxes amounts to more than 1,000 billion VND.
Forced unit. Photo: V.Minh
Thus, the tax industry will coerce Vung Tau Paradise Joint Venture Company by deducting money from the company’s accounts at 4 banks and requesting to freeze the accounts of this joint venture at the State Treasury and other organizations. Credit.
The amount this company owes is more than 1,000 billion VND, of which more than 800 billion VND is the rent of 220 hectares of land from June 2018 until now and 200 billion VND is the money for taxes.
Previously, in March, the Tax Department of Vung Tau – Con Dao area and the Tax Department of Ba Ria – Vung Tau province blocked the accounts of Vung Tau Paradise joint venture. The reason is that this joint venture still owes land rent and taxes in the amount of more than 1,000 billion VND.
After the blockade, this joint venture has not yet paid the above amount, so the tax authority enforces it. These tax enforcement decisions are effective for 30 days, from today – April 26.
This business owes land rent and overdue taxes. Photo: V.Minh
Vung Tau Paradise Joint Venture Company was established in April 1991, is a joint venture between Vung Tau International Tourism Company (Vietnam) and Paradise Development and Investment Company (Taiwan).
The establishment license was issued by the State Committee for Cooperation and Investment (now the Ministry of Planning and Investment).
The Vietnamese company was assigned a land plot in a prime location of Vung Tau city with an area of 220 hectares in Back Beach to contribute capital with foreign investors and invest in the project “Vung Tau Paradise tourist area”.
The goal of the project is to build a cultural, sports and tourism area in the areas of Hang Duong, Thuy Van, and Back Beach of Vung Tau city.
The project includes a 1,500-room hotel and associated service works; water sports area, swimming pool, windsurfing, sailing, skydiving, diving, fishing; amusement park including Vietnamese ethnic minority village, Vietnam Ethnic Music and Dance Center, children’s play garden, water dance; a 27-hole golf course of international standards; water park…
Total project investment amounted to more than 97 million USD, of which legal capital was nearly 62 million USD. The Vietnamese side contributed nearly 15.5 million USD with the value of the right to use 220ha of coastal land for 25 years.
According to a representative of the Tax Department, this unit must make a coercive decision against Vung Tau Paradise Joint Venture Company because the company above owes land rent for too long, in addition to being overdue for tax debt. Therefore, the unit must recover the above amounts.
at Blogtuan.info – Source: danviet.vn – Read the original article here
