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The Gia Lai Provincial Tax Office has issued notices to enforce administrative tax management decisions by requiring the freezing of bank accounts of the entities under enforcement at the State Treasury and credit institutions. Under the decisions, the amount to be frozen corresponds to the outstanding tax debt in each case.
The account-freezing measure will remain in effect for 30 days from the date of the decision. The Tax Authority also asks relevant credit institutions to strictly implement the freezes in line with the enforcement decision, while the listed companies are required to comply with the decision in accordance with the law.
The Tax Office said the bank account freezes are one of the coercive measures used to address late payments and prolonged tax arrears, supporting tax administration and revenue collection.
The notices include a list of enterprises subject to the coercive measure in the form of bank account freezes at banks and credit institutions due to overdue tax debt as prescribed by regulations. Source: Gia Lai Provincial Tax Department.
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