CAV: Decision on tax penalties

Vietnam Electric Cable Corporation announces the conclusion of tax inspection dated October 05, 2017 as follows:

-          Penalty for false declaration: VND143,497,429.

-          Tax arrears: VND717,487,144. Of which:

• Value added tax arrears: VND83,020,011
• Corporate income tax arrears: VND52,893,988 (in 2015: VND6,960,523; in 2016: VND45,933,465). 
• Value added tax arrears of foreign contractor: VND455,276,288
• Corporate income tax arrears of foreign contractor: VND126,296,857.

-        Amount of late payment: VND126,047,872. Of which:

• Late payment of value added tax: VND91,829,177
• Late payment of corporate income tax: VND34,218,695. 

HOSE

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