Hanoi tax office. Photo: Ngoc Thang
With its recent name-and-shame policy proving to be successful, Hanoi's tax office has released the names of another 89 businesses whose back taxes have amounted to nearly VND311.7 billion (US$13.78 million).
Real estate company Quang Thai topped the list, recently published on the agency's website, with over VND10.5 billion ($464,000) in unpaid taxes.
Two of the defaulters failed to pay land fees totaling over VND17.7 billion ($783,000) for their property projects.
The agency said in a statement that it will continue taking tough measures against tax defaulters, especially those who keep delaying payment and refusing to collaborate with tax officers.
It also reported that since it first published the names of 200 top tax defaulters in July, it has collected more than VND6.92 trillion ($306.11 million) in back taxes.
Hanoi's businesses accounted for one third of the country's 600 top tax defaulters whose names were released by the Ministry of Finance that same month, with unpaid taxes estimated at over VND12.65 trillion ($559.6 million) by June 30.
The ministry recently reported that it has collected nearly 20 percent of the taxes so far.