La Vie mineral water fined, over 66 billion VND in tax arrears

ANTD.VN - La Vie Company Limited was charged 66.6 billion VND after a tax inspection, including corporate income tax, resource tax, and environmental protection fees.

The Long An Provincial Tax Department has just issued the Conclusion of a tax inspection at La Vie Company Limited (La Vie). Accordingly, La Vie was found to have committed violations in tax law compliance.

La Vie was charged and fined for tax violations

Specifically, regarding corporate income tax (CIT), Long An Tax Department said that La Vie has not adjusted the expenses for inventory price reduction provisions in accordance with the guidance of the Ministry of Finance . With this violation, La Vie will be charged CIT of nearly 3.4 billion VND for the years from 2016 to 2020.

Regarding resource tax, the Tax Authority said that La Vie's determination of resource tax incentives was not in accordance with the provisions of the Law on Resource Tax. In addition, the company also declared the taxable resource output not in accordance with the guidance of the Ministry of Finance.

With this violation, the Tax Authority determined that the amount of resource tax that La Vie was required to pay was over 61.5 billion VND for the period from 2016 to 2020.

In addition, regarding environmental protection fees, La Vie determined that the fee level and the resource output for which the fee was calculated were incorrect. Therefore, this enterprise was charged an additional 1.7 billion VND after the inspection.

Thus, after the inspection, the total amount of tax and fees collected from La Vie is 66.6 billion VND. Along with that, the Tax Department requested La Vie to adjust the amount of corporate income tax payable in 2017 down by 485 million VND.

Regarding administrative sanctions, according to the inspection conclusion, some of La Vie's violations in the tax periods of 2016 and 2017 have expired.

For tax periods from 2018 to 2020, the statute of limitations for penalties is recalculated from the date of signing the inspection report. The reason, the Tax Authority said, is that La Vie has repeatedly delayed the time to sign the inspection report. Accordingly, the inspection team has contacted the company many times, but the company reported that it needed to consult with the competent authorities, so it requested an extension of the time to sign the report. The Tax Authority has applied fines according to current regulations.

La Vie Company Limited was established and operated since September 1992, its actual business line is the production of natural mineral water and bottled drinking water.

Currently, this company has its headquarters in Tan An city, Long An province and 3 branches in Ho Chi Minh City, Hanoi , Hung Yen province.

Source: https://www.anninhthudo.vn/nuoc-khoang-la-vie-bi-phat-truy-thu-hon-66-ty-dong-tien-thue-post601117.antd