Hanoi names Lung Lo 5 Company, owes nearly 345 billion VND in tax

The Hanoi Tax Department has just disclosed for the first time tax debts for 809 taxpayers, with the total amount of bad debts and collection potential of more than VND 792 billion in the public posting period in May 2022.

Accordingly, by the closing period March 31, 2022, there were 528 taxpayers who owed taxes and fees for the first time with the amount of nearly 144 billion VND.

Notably, 34 units have not fulfilled their land-related obligations with a “huge” amount of nearly 461 billion VND.

Topping the list is Lung Lo 5 Company (tax code 0102333618 ) with nearly 345 billion VND in debt, accounting for 75% of land-related debt. In which, this enterprise owes nearly 239 billion VND in land use money, the rest is late payment debt.

Company Lung Lo 5 famous for a series of scandalous projects such as: Ao Sao urban functional area project in Thinh Liet ward, Hoang Mai district; New Urban Area Project South Road 32 (commercial name is Westpoint South 32) Hoai Duc district…

In addition, there is Thanh Tri truck station management board with a debt of over VND 37 billion; Bat Trang Porcelain Joint Stock Company owes nearly 26 billion VND; Construction Engineering Corporation owes about 12.6 billion VND; Dao Sen Trading and Service Joint Stock Company owes land rent of nearly 12 billion VND…

In addition, the Hanoi Tax Department also “unnamed” 247 taxpayers with bad debts with an amount of nearly 188 billion VND. For example, Traffic Engineering Joint Stock Company 118 – Momota (tax code: 0101286002) owes more than 57 billion VND, of which, owes more than 20 billion VND in VAT on domestic production and business, and late payment of other items. 100% of the central budget in accordance with the law, managed by the tax sector more than 19 billion.

Licogi Corporation – Licogi Branch Joint Stock Company No. 1 (tax code: 0100106440-009) owes nearly 33 billion VND, in which, VAT debt on domestically produced and business goods is more than 13 billion VND, late payment of tax Domestic VAT is nearly 9 billion dong.

The Hanoi Tax Department said that debt management in recent years has been implemented very drastically in accordance with regulations on the basis of classifying taxpayers to apply appropriate measures to urge and manage debt. …

“In order to ensure the interests of taxpayers, and at the same time ensure fairness in the performance of tax obligations to the State, and prevent loss of state budget revenue, the Hanoi Tax Department warns project owners. Enterprises will soon be able to arrange financial resources to pay tax debts to the state budget in accordance with regulations before the tax authorities apply more drastic measures,” emphasized the Hanoi Tax Department.

Details of the list see HERE:

Conveniently style

Rich people buy real estate to save their faces because of taxesIn many countries, owning a second and third home also means having to “burden” an additional property tax each year. Even if you sell immediately after buying for a year, you will still have to pay a very high sales tax.