Honda Vietnam at odds with ministry over almost $10mn tax arrears
Tuesday, April 28, 2015, 16:08 GMT+7
The Vietnamese unit of motor maker Honda and the Ministry of Finance still fail to reach an agreement on a preferential tax treatment the company is supposed to enjoy, thanks to which it refuses to pay nearly US$10 million in tax arrears.
Honda Vietnam Co. Ltd. has been asked to pay VND182 billion ($8.48 million) in tax arrears and fines, Deputy Minister of Finance Do Hoang Anh Tuan said at a government meeting on Saturday.
While the company has followed the order, it still owes “a large sum of money” to the state budget, Tuan added without elaborating the violations of the motor manufacturer.
