{"id":226,"date":"2020-01-30T16:40:02","date_gmt":"2020-01-30T07:40:02","guid":{"rendered":"http:\/\/suzuki-global.com\/vietnam-accounting\/?p=226"},"modified":"2021-12-21T13:46:14","modified_gmt":"2021-12-21T04:46:14","slug":"coca-cola-vietnam-has-ordered-for-back-taxes-and-penalties","status":"publish","type":"post","link":"https:\/\/suzuki-global.com\/en\/coca-cola-vietnam-has-ordered-for-back-taxes-and-penalties\/","title":{"rendered":"Coca-Cola pointed out by Vietnam Tax Office as tax evasion (delinquent tax and additional tax)"},"content":{"rendered":"

Coca-Cola ordered late tax and additional tax due to tax evasion from Vietnam tax office<\/span><\/h2>\r\n

Coca-Cola Vietnam<\/span>From 2007 to 2015<\/span>I have been illegally evaded for nine years and have been ordered to evade taxes and to pay overdue and additional taxes of $35.4 million.<\/span><\/p>\r\n

The Deputy Director General of Tax Administration of Vietnam reports that 57.3% of the amount is additional tax and 35.2% is overdue tax. Other fines added, total<\/span>That's a total of 35.4 million USD.<\/span><\/p>\r\n

Under the above circumstances, the Vietnam Taxation Department informs Coca-Cola that the examination can be redone and that legal litigation is possible.<\/span><\/p>\r\n

Coca-Cola partially agrees with the views of the Vietnam Tax Office<\/span><\/h2>\r\n\r\n
\"coca-cola\"<\/a><\/figure>\r\n\r\n

A Coca-Cola spokesman said he partly agreed with the Vietnam Tax Department's views, but said there were some disagreements with the Tax Department's conclusions. However, Coca-Cola has a policy of promoting business operations in compliance with laws and regulations.<\/span><\/p>\r\n

Coca-Cola says it's only $1.6 million, although it has already paid a fine, according to an official from the Ho Chi Minh Tax Department in Vietnam. According to the division, Coca-Cola entered Vietnam in 1994 and continues to grow at double digits. As of 2011, the company reported a cumulative loss of $162.5 million and was exempt from corporate income tax. Among them, the Ho Chi Minh Tax Department cites Coca-Cola as a company that has doubts about transfer pricing.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Coca-Cola was ordered by the Vietnam Tax Office to evade tax due to late tax and additional tax Coca-Cola Vietnam is 200 [\u2026]<\/p>","protected":false},"author":2,"featured_media":99,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7,82],"tags":[27,37,46,66],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/226"}],"collection":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/comments?post=226"}],"version-history":[{"count":5,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/226\/revisions"}],"predecessor-version":[{"id":7816,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/226\/revisions\/7816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media\/99"}],"wp:attachment":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media?parent=226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/categories?post=226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/tags?post=226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}