General Department of Taxation's to request review and process of illegal invoices in Vietnam

General Department of Taxation's to request review and process of illegal invoices in Vietnam

According to the content of Official Dispatch 3385/TCT-TTKT in 2024, the General Department of Taxation off Vietnam received Judgment 115/2023/HS-ST from the People's Court of Phu Tho Province regarding the first-instance trial of the illegal invoice trading case that occurred in Phu Tho Province and several other provinces and cities nationwide. The court determined that between December 2020 and October 2022, Nguyen Minh Tu directly or through intermediaries used 637 companies acquired by Nguyen Minh Tu to illegally sell 1,025,712 value-added tax invoices to 88,053 entities and established 06 financial companies to legalize payments through banks.

To continue addressing tax violations related to illegal invoice trading, the General Department of Taxation requests Tax Departments in Vietnam to:

- Utilize electronic invoice data, collect paper invoices (if any) from the aforementioned 113 companies to apply tax management measures as regulated. If taxpayers under the management of the tax authority are found to use invoices from these 113 companies to declare taxes, review and process taxes and invoices according to regulations and the guidelines provided in Official Dispatch 1798/TCT-TTKT in 2023.

- Request Tax Departments to review and compile a general report on the tax and invoice processing results for taxpayers who have used invoices from the 637 companies (including 524 companies attached in Official Dispatch 1798/TCT-TTKT in 2023, 113 companies as per the list attached in Official Dispatch 3385/TCT-TTKT in 2024). Send the hard copy to the General Department of Taxation (Department of Inspection) before December 31, 2024 (soft copy to pttha@gdt.gov.vn).

More details can be found in Official Dispatch 3385/TCT-TTKT issued on August 01, 2024.

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