Vietnam woman pays record personal income tax of $181,000
06/08/2010 - 100 Lượt xem
| Vietnamese woman working for an Indian drug company in Ho Chi Minh City paid nearly VND2.9 billion (US$181,250) in personal income tax last year, thought to be the highest ever in the country. | |
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Le Thi Minh Hoa of Alcon Pharmaceuticals Ltd’s representative office paid over seven times more tax than the next entrant on the city tax department’s list of 10 highest income tax payers in the city. She is followed by Vu The Du, an employee in the representative office of GFK Asia Pte Ltd, a German-headquartered firm providing Asian retail and technology market data. The 10, all working for foreign companies, paid a total of VND5.2 billion. People earning over VND5 million ($312.5) a month are liable for income tax subject to a progressive rate of 10 to 40 percent. Nguyen Thai Son, head of the HCMC tax department’s personal income tax section, attributed the record payment paid to rising awareness of tax obligations prompted by WTO accession. Vietnam joined the global trade bloc earlier this year. He admitted that a current ordinance on personal income tax obligations was inadequate as a result of which many people working for foreign representative offices in Vietnam under-declared their incomes. There are around 2,500 such offices in the city alone. The top 10 personal income tax payers in Ho Chi Minh City for 2006 (US$1 = VND16,000): 1. Lê Thị Minh Hòa: VND2.87 billion (Alcon Pharmaceuticals Ltd) 2. Vũ Thế Dự: VND383.1 million (GFK Asia Pte Ltd) 3. Nguyễn Anh Tuyền: VND373.7 million (Urgo Heal Thcare Products Co) 4. Lê Việt Hùng: VND347.3 million (Goodyear International Co) 5. Lê Công Tuấn Kiệt: VND244.3 million (Citelum S. A) 6. Trần Đăng Hải: VND243.1 million (EAC Industrial Ingredients Pte) 7. Nguyễn Thị Mỹ Nga: VND209 million (Mayekawa MFG Co., Ltd) 8. Phạm Thị Thu Hà: VND206.1 million (Casco Adhesives (ASEA) Pte Ltd) 9. Nguyễn Trường Sơn: VND191.1 million (Bristol Myers Squibb - (Sing) 10. Võ Thị Phượng: VND179.7 million (Sanofi Pasteur S. A) Source: Nguoi Lao Dong | |
