What are the sanctions for treating "drug resistance"?
(Baonghean) - Tax arrears are increasing. By the end of March 2012, tax arrears in the province reached nearly 1,000 billion VND, involving hundreds of businesses. Notably, the larger the business, the more debt it has; some businesses owe tens of billions of VND, and some have never been in debt. Old debts are not repaid, and new debts are accumulating. The list of debtors shows that construction businesses top the list, followed by real estate businesses and those operating commercial and service centers. Besides the large businesses managed by the Tax Department, many localities have a significant number of businesses owing money to the budget, such as Vinh City, Nghi Loc, and Quy Hop...
Besides many objective difficulties, it can be seen that many businesses owe taxes because they "take advantage" of this money to rotate capital and continue investing in business, as the penalty interest on late tax payments is still lower than bank loan interest rates. This is especially true for many businesses that do not easily obtain loans from banks. Therefore, the penalties for late tax payments need to be reviewed and adjusted appropriately, increasing the fines to deter late payments and ensure fairness in the tax obligations of businesses.
Pearl