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Travel ban for businesspeople owing back taxes

Authorities in the central province of Quang Ngai have imposed travel restrictions on business owners due to their outstanding tax arrears.

Authorities in the central province of Quang Ngai have imposed travel restrictions on business owners due to their outstanding tax arrears.

The Quang Ngai Department of Taxation has informed the Immigration Department about the overseas travel ban for dozens of people who are directors or legal representatives of local enterprises that have failed to pay tax arrears.

According to the Quang Ngai Taxation Department, by the end of February 2024, as many as 47 enterprises had failed to pay tax arrears totalling over VND482 billion (USD19.47 million).

Tan Mai Mien Trung Company in Binh Son District currently owes the biggest tax debt of over VND220 billion, followed by Technip Complex in Quang Ngai City with over VND160 billion in tax arrears.

Other firms that have failed to pay taxes include Homeland Real Estate Investment and Development Company, Uni-Tech Construction Company, Phuc Thinh MTV Trade and Construction Company, and Duc Thinh Construction Company.

Quang Ngai Taxation Department has issued overseas travel bans against the directors or legal representatives of these enterprises from April 4 to ensure the outstanding tax payments are made.

Content link: https://dtinews.dantri.com.vn/vietnam-today/travel-ban-for-businesspeople-owing-back-taxes-20240410210035007.htm