Ha Tinh collects $246,000 tax arrears from Taiwanese firm

The Customs Department in the north central province of Ha Tinh has issued a decision to collect nearly VND5.49 billion (US$245,610) in tax arrears from Hung Nghiep Formosa Ha Tinh Company (FHS).

The amount includes VND4.99 billion import taxes and VND499 million value added tax. In addition, the company has to pay a penalty for late tax payment and administrative violations.

Under a recently post customs clearance inspection, the department inspected all documents related to export import activities of the company for the last five years of 2010-2015, conducted field surveys at the construction site of its steel mill plant and spotted the tax arrears.

By Duong Quang – Translated by Hai Mien

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