Nghe An Tax Department verifies the case of buying and selling mutated orchids for 1.65 billion VND

"Mysterious" transaction

After appearing on social mediaVideo clip about the sale of the mutant orchid Hong Bong Laiworth more than 1.6 billion VND in Ma Thanh commune, Yen Thanh district, Nghe An Tax Department has directed the Bac Nghe II Regional Tax Branch to investigate and determine

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Accordingly, the above "deal" took place at the house of Mr. Tran Dinh Luat, owner of an orchid garden in Dong Bau hamlet, Ma Thanh commune, Yen Thanh district.

The transaction of buying and selling mutated orchids for 1.6 billion VND in Nghe An?

(Baonghean.vn) - After receiving information about this deal, the tax authority went to the house to grasp the situation.

Mr. Luat explained that his family had an orchid garden. During the care process, he discovered a mutant orchid called Hong Bong Lai, so he tried to propagate it. After that, he sold the orchid to a customer on March 7, 2021.

According to Mr. Luat, the customer who bought the orchid tree was named Kien, introduced himself as being from Hoa Binh province, his last name and specific address were unknown. This transaction was posted on social networks by people with a value of 1.65 billion VND.

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According to Mr. Bach Hung Dai, Head of DepartmentBac Nghe II Tax Department, the above transaction (if real) is not subject to tax because the agricultural and livestock products produced and sold by people themselves are not subject to tax according to Clause 1, Article 1 of the Law on Value Added Tax.

People need to be vigilant

Recently, in Nghe An and the whole country, there have been continuous transactions of buying and selling mutated orchids with amounts up to billions of VND. The truth of these transactions is still unclear. Some people think that this is a trick of orchid traders and causes unpredictable consequences for society. Therefore, people need to be extremely vigilant.

Speaking to the press, Mr. Nguyen Huu Van, Chairman of the Vietnam Ornamental Plants Association, said: "In general, in terms of ornamental plant transactions, I have never witnessed such a large transaction, the amount of money is up to billions, tens of billions of VND." The Chairman of the Ornamental Plants Association also said that it is currently unclear whether these transactions are real or not because they have not been verified by the police and tax authorities. Orchids are beautiful and rare, but they are only valuable in terms of ornamental plants and "just for viewing", so it is hard to believe that many people, no matter how passionate they are about flowers, would not easily spend billions, tens, or even hundreds of billions of VND like in Quang Ninh recently to buy mutated orchids.

The Department of Competition and Consumer Protection also recommends that people be careful when participating in mutant orchid transactions to avoid major financial losses.