Director committing tax fraud arrested

The director of a private company in the central province of Ha Tinh was arrested for committing tax fraud.

The director who commits tax evasion is escorted by police officers (Photo: SGGP)

The director who commits tax evasion is escorted by police officers (Photo: SGGP)

The Department of Economic Crime Investigation Police in Ha Tinh today announced that 43 year old Dang Tien Duc in Ha Tinh Town was charged with tax evasion. 

Being the director of the  private company Duc Thuy in Ha Huy Tap Ward, Tien evaded tax in two years 2014 and 2015. The company is engaged in under declaration of value of supply of its goods during the two years with the tax amount up to VND2 billion.

Further investigation is still carried out.

A few months ago, Duc Thuy Company filed charge against the Province’s Department of Tax asking the department to give back the tax and fine of over VND1.6 billion.

According to the conclusion of the Department on September 19, 2016, inspectors discovered that Duc Thuy company is engaged in under declaration of value of supply of its goods from 2013 to 2015.
Consequently, the Department of Tax collected the tax arrears and issued administrative fines totally of VND1.6 billion; yet Duc Thuy disagreed with the conclusion saying that it has supplied enough document.

Duc Thuy said it and its partners measured granite by meter square not by kilogram like inspectors’ calculation leading to conclusion that the company dodged tax.

By staff writers - Translated by UYEN PHUONG

Other news