BIDGroup accounts for over 50% of total tax debt at the Tax Department of Thai Binh City - Vu Thu
Recently, the Thai Binh Provincial Tax Department publicly announced the list of 269 people who owe taxes and other state budget revenues with a total amount of over 838 billion VND.
These 269 cases of taxpayers owing taxes are managed by the Thai Binh City - Vu Thu Regional Tax Department (under the Thai Binh Provincial Tax Department).
Previously, on November 29, the Tax Department of Thai Binh City - Vu Thu area issued Notice No. 16880/TB-CCTKV regarding the disclosure of information on taxpayers owing tax and other revenues to the State budget.
According to this announcement, as of October 31, 2024, at the Tax Department of Thai Binh City - Vu Thu area, there are still 269 taxpayers owing taxes and other revenues to the State budget, the total debt of these 269 cases is 838,454,743,129 VND.
The reason the tax authority made the public announcement was because these 269 taxpayers "violated the provisions of Point a, Clause 1, Article 100 of the Tax Administration Law No. 38/2019/QH14 and Point g, Clause 1, Article 29 of Decree 126/2020/ND-CP dated October 19, 2020 of the Government".
According to the publicly announced list, among the 269 taxpayers who owe more than 838 billion VND in taxes, BIDGroup Joint Stock Company alone owes more than 445 billion VND, or over 50%.
The General Director of BIDGroup Joint Stock Company is being temporarily suspended from leaving the country.
On October 25, the Tax Department of Thai Binh City - Vu Thu area issued Decision No. 1956/QD-CCTKV on enforcing administrative decisions on tax management by withdrawing money from the accounts of the subjects of enforcement at the State Treasury and credit institutions.
The content of the decision states: Enforcement by means of withdrawing deposits from the account of BIDGroup Joint Stock Company (tax code: 0101956602; address: D2, lot C, D11, Cau Giay new urban area, Dich Vong Hau ward, Cau Giay district, Hanoi) opened at Vietnam Joint Stock Commercial Bank for Industry and Trade to execute the tax debt notice No. 1493/TB-CCTKV dated October 11 of the Tax Department of Thai Binh City - Vu Thu area.
The reason for enforcement is that the taxpayer has tax arrears over 90 days from the deadline for payment as prescribed, the amount of enforcement is 445,035,193,266 VND.
Vietnam Joint Stock Commercial Bank for Industry and Trade is responsible for deducting money from the account for the above amount to deposit into account number 7111-1054795 opened at the Thai Binh State Treasury Office.
In case the amount in BIDGroup Joint Stock Company's account is less than the above amount, the bank must still deduct the remaining amount after deducting the minimum balance to maintain the account and continue to monitor and deduct the amount arising in the taxpayer's account during the effective period of the decision. On the day of payment to the state budget, the bank shall notify the tax authority (debt management department).
Previously, based on Official Dispatch No. 14498/CCTKV-KTr2 dated September 26, 2024 of the Tax Department of Thai Binh City - Vu Thu area regarding the request for coordination in applying temporary exit suspension measures, on October 11, the Hanoi Tax Department issued Notice No. 55523/TB-CTHN-QLN to the Immigration Department - Ministry of Public Security regarding temporary exit suspension for Mr. Tran Anh Duc (born in 1981, residing at Duc Phuong multi-purpose building - The Gardenhill at 99 Tran Binh, residential group 8, My Dinh 2 ward, Nam Tu Liem district, Hanoi) - General Director of BIDGroup Joint Stock Company.
The reason is that Mr. Tran Anh Duc is the legal representative of BIDGroup Joint Stock Company, a business that is being forced to execute administrative decisions on tax management and has not fulfilled its tax payment obligations. The temporary suspension of exit from the country is from October 11, 2024 until BIDGroup Joint Stock Company fulfills its tax payment obligations.
Currently, in Thai Binh province, BIDGroup Joint Stock Company has been and is the investor implementing 2 projects including the project to build a 15-storey mixed-use building, part of the investment project to build and renovate a 4-5 storey apartment complex (Le Hong Phong ward, Thai Binh city) under the form of a BT contract signed between Thai Binh province and the enterprise and the Le Hong Phong - Eden Garden Commercial Housing Project.
