Vietnam authorities indict individuals for illegal VAT invoice trading

illegal invoice trading tax fraud investigation Phu Tho province An Giang province VAT invoice crimes

Authorities in Vietnam have launched several investigations into the illegal sale and purchase of VAT invoices.

In An Giang province, police have indicted Hoàng Văn Dương for purchasing 11 fraudulent invoices from Ngọc Hùng Dũng AG Co., Ltd. between July and October 2023. Dương reportedly sought these invoices to cover costs for repair work at a local shop where small-scale purchases lacked proper documentation. The total value of the transactions involved was approximately 165 million VND.

In Phú Thọ province, an expanded investigation has led to the indictment of five individuals, including Phùng Văn Tuấn, Director of Tuấn Linh 89 Co., Ltd., and his accountant, Nguyễn Thị Thu Hà. The group is accused of illegally trading 25 VAT invoices with a total payment value of nearly 1.94 billion VND. The investigation revealed that the invoices originated from two different businesses, Hiếu Diệp Trading Co., Ltd. and An Bình Group.

These legal actions follow previous rulings in An Giang, where a company director had already received a two-year prison sentence for similar offenses.