On October 20, the Hanoi People’s Procuracy finalized the indictment against defendants Hoang Tung (34, residing in Tu Liem Ward, Director of Tung Dinning Restaurant LLC) and Nguyen Do Nguyet Anh (born in 1992, residing in Phuc Loi Ward), both charged with “Tax Evasion.”
Case records reveal that in March 2024, the Hanoi Tax Department conducted an audit and uncovered evidence of tax evasion by Tung’s company. The company was found to have sold goods without issuing invoices, omitted revenue from accounting records, and failed to declare taxes as required by law. The case was subsequently referred to law enforcement authorities.
Investigations determined that Tung, as the Director and legal representative of Tung Dinning Restaurant LLC, was directly responsible for overseeing all business operations.
Illustrative image.
Nguyet Anh was responsible for the company’s marketing and advertising, served as a manager at the restaurant, and oversaw personnel and financial accounts, including profit distribution to shareholders.
Both Tung and Anh were directly involved in tracking revenue, expenses, and accounting records for Tung Dinning Restaurant. They also distributed profits to shareholders. Other shareholders were not involved in detailed accounting or tax declaration and payment processes.
Prosecutors allege that Tung declared taxable revenue from 2018 to 2023 as follows: no revenue in 2018; over VND 3.9 billion in 2019 and VND 5 billion in 2020; and over VND 3.7 billion, VND 8.8 billion, and VND 10.6 billion in 2021, 2022, and 2023, respectively.
For business transactions and financial management, the company used two accounts at Agribank. However, due to significant revenue, Tung and Anh conspired to use personal accounts to receive payments without issuing invoices or declaring taxes, thereby evading tax obligations.
Prosecutors claim that Tung Dinning Restaurant’s actual revenue from 2019 to 2023 exceeded VND 53 billion, but only VND 29.4 billion was declared for tax purposes, leaving over VND 23.5 billion undeclared.
The undeclared funds were used to pay dividends to investors totaling over VND 6.7 billion and to purchase materials and cover operational expenses amounting to VND 16.8 billion.
On March 19, 2024, the Hanoi Tax Department’s audit uncovered that Tung Dinning Restaurant had evaded taxes totaling over VND 2.4 billion, including VND 2.1 billion in VAT and VND 335 million in personal income tax.
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