Recently, the Ho Chi Minh City Tax Department has announced the public disclosure of information on taxpayers with tax debts for the second period of 2023. According to the Ho Chi Minh City Tax Department, in this tax debt period, there were 198 enterprises with tax debts with a total amount of tax, fines and late payment fees of more than VND 8,080 billion.
Notably, this list includes a series of well-known businesses in the entertainment industry such as Giai Phong Film Joint Stock Company, Dien Quan Group Joint Stock Company, ABC Decoration & Advertising Service Trading Company Limited, Fyou II Karaoke Company Limited... owing billions of dong in taxes.
Specifically, as of the end of October 2023, Liberation Film Joint Stock Company (Liberation Film Studio) owed more than 53 billion VND in taxes.
Liberation Film Studio is a Vietnamese film production company, established in 1962 with a part of state capital. This film company is known for a series of blockbusters such as Season of the Chuong Wind (produced in 1987), Wild Field (1979), Vortex (1982), Far and Near (1983), Flip Card Game (1981-1987), Dancing Girl (2003), Get a Wife in Saigon, When the Bell Rings, Shoot...
Regarding business performance, at the end of 2022, the company's revenue reached nearly 17 billion VND, down 80% compared to the same period in 2021. Of which, the main film production revenue was approximately 6 billion VND, and service revenue was 11 billion VND. At the same time, this enterprise reported a loss after tax of more than 23 billion VND, in 2021 this enterprise also lost nearly 23 billion VND.
Similarly, Dien Quan Group Joint Stock Company (Dien Quan Group) of businessman Do Van Buu Dien (born in 1969) also owes more than 25.7 billion VND in taxes.
Dien Quan Group, formerly Dien Quan Media and Entertainment Company Limited, was established in April 2006. Updated in June 2015, the company's charter capital reached 9 billion VND, of which Mr. Do Van Buu Dien contributed 90% and Mr. Nguyen Quoc Toan contributed 10%.
By August 2021, this enterprise changed its name to Dien Quan Group Joint Stock Company. Ms. Huynh Thanh Thanh (born in 1991) was updated to hold the title of Director and General Director of the company.
Last updated in March 2023, Mr. Do Van Buu Dien assumed the role of Chairman of the Board of Directors and legal representative of the company.
Dien Quan Group is the unit behind a series of famous TV game shows such as Comedy Challenge, Voice of the Voice, Comedy Arena, Food Paradise, etc.
Another entertainment company on the list of tax arrears is Karaoke Fyou II Company Limited, with a tax arrears of VND13.3 billion. This company was established in 2011, and its main business line is Other entertainment activities not elsewhere classified (detail: Karaoke Services).
In addition to the entertainment and real estate industry, many businesses also owe hundreds, even thousands, of billions of dong in taxes.
Notably, Golden Hill Investment Joint Stock Company owes 1,289 billion VND in taxes, Hung Thinh Land Joint Stock Company owes more than 548 billion VND in taxes, Housing Business Joint Stock Company owes 445 billion VND in taxes, Hung Thinh Group Joint Stock Company owes 222 billion VND in taxes, Dat Xanh Group Joint Stock Company owes 205 billion VND in taxes, Danh Khoi Group Joint Stock Company owes 99 billion VND in taxes...
Topping the list of tax debts announced by the Ho Chi Minh City Tax Department is Xuyen Viet Oil Trading, Transport and Tourism Company Limited, which owes more than 1,500 billion VND in taxes.
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