“Businesses are urging the government to adopt more stringent measures to expedite value-added tax (VAT) refunds due to prolonged delays in invoice verification and compliance challenges.
Speaking at the Tax Dialogue 2024 held last Friday, Nguyễn Thanh Phương, deputy general director of Fococev Vietnam, said the company has been awaiting a total VAT refund amounting to VNĐ529 billion (US$21.5 million) since 2018, despite having submitted all requisite documentation comprehensively.” – Viet Nam News
Source: Firms Call For Stricter Actions To Speed Up VAT Refunds (vietnamnews.vn)
Firms Call For Stricter Actions To Speed Up VAT Refunds
