Multi-million dollar tax arrears catch up to luxury car importersA number of luxury car importers in Vietnam have been hit with tax arrears collection notices. At the end of December 2016, Mercedes-Benz Vietnam (MBV) paid VND101.65 billion ($4.46 million) in tax arrears. The department then imposed arrears of VND101.65 billion ($4.46 million) on the firm. In December 26, 2016, MBV has paid the whole VND101.65 billion ($4.46 million) and continued to import goods under customs procedures. However, on December 30, 2016, MBV submitted a letter of complaint about the initial tax assessment.

Source: VietNamNet News February 16, 2017 05:15 UTC