Saigon Machinery Spare Parts Joint Stock Company fined over VND 12 billion for tax violations

Saigon Machinery Spare Parts Joint Stock Company (SMA) recently received a tax penalty and back tax assessment from the Regional Tax Department II. The company was fined nearly VND 1.6 billion for incorrect tax declarations, leading to an underpayment of corporate income tax. SMA also faced an additional payment of over VND 7.95 billion in corporate income tax and VND 2.63 billion in late payment fees, bringing the total amount due to over VND 12 billion.

Saigon Machinery Spare Parts Joint Stock Company (SMA) recently received a tax penalty and back tax assessment from the Regional Tax Department II. The company was fined nearly VND 1.6 billion for incorrect tax declarations, leading to an underpayment of corporate income tax. SMA also faced an additional payment of over VND 7.95 billion in corporate income tax and VND 2.63 billion in late payment fees, bringing the total amount due to over VND 12 billion.

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