New thresholds for exit bans due to tax debt proposed
The Ministry of Finance suggests imposing exit bans on individuals and business households with tax debts of VND50 million (around $2,000) or more.
Topic: Tax debt
Tax debts showing signs of escalating
According to the General Department of Taxation, the total amount of taxes owed as of the end of July was estimated at VND133.639 trillion ($5.71 billion), an increase of 16.2 per cent compared to the end of 2021 and 17 per cent year-on-year.