Unbeknownst to Them, Individuals Face Tax Debts Due to Business Name Lending in Vietnam
Economy

Unbeknownst to Them, Individuals Face Tax Debts Due to Business Name Lending in Vietnam

A growing number of individuals in Vietnam are facing unexpected tax liabilities after lending their names to relatives for business registration. Despite these businesses having no actual operations, individuals are being billed tens of millions of dong in taxes and penalties, causing significant hardship. Authorities are expediting measures to address this issue.

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