VMG Media Joint Stock Company received a rule ordering it to compensate VND 55 billion to GPS/UTC regarding additional tax obligations of EPAY

Share this on: Hanoi, Feb 25 2025 - 02:55 PM

VMG Media Joint Stock Company received a rule ordering it to compensate VND 55 billion to GPS/UTC regarding additional tax obligations of EPAY. The dispute originated in 2017 when the company transferred shares to two South Korean investment funds, leading to conflicts over EPAY’s financial status. Previously, the company was ordered to pay VND 626 billion, but the Hanoi High Court later ruled against recognizing the decision. After 2022, the company lost 2 major shareholders, and the current dispute focuses solely on tax-related compensation


VMG Media Joint Stock Company received a rule ordering it to compensate VND 55 billion to GPS/UTC regarding additional tax obligations of EPAY. The dispute originated in 2017 when the company transferred shares to two South Korean investment funds, leading to conflicts over EPAY’s financial status. Previously, the company was ordered to pay VND 626 billion, but the Hanoi High Court later ruled against recognizing the decision. After 2022, the company lost 2 major shareholders, and the current dispute focuses solely on tax-related compensation



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