THE NEW TREND OF TAX AUTHORITIES IN DISCLOSING TAX INSPECTION RESULTS OF THE ENTERPRISES TO THE PUBLIC

Grant Thornton Vietnam

Tuesday, 02 Jun 2015

In recent tax inspections, the Vietnamese tax authorities gradually tend to disclose the tax inspection results of the Enterprise on a wide scale to mass media. This public disclosure carries a positive impact on the transparency of information derived from tax inspections. However, from taxpayers’ perspective, the disclosure of tax inspection results might bring unexpected impacts on the production and business operations of their companies.

In this Newsletter, Grant Thornton Vietnam would like to provide the legal basis on publishing tax inspection results disclosed by the General Department of Taxation/ Ministry of Finance and our corresponding recommendations.

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