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travel bans

Update news travel bans

Vietnam urged to drop travel bans on tax-debt executives
Vietnamnet global

Vietnam urged to drop travel bans on tax-debt executives

Tax travel bans have blocked thousands of executives, yet recover only a fraction of unpaid taxes.

Vietnam imposes travel bans on individuals with overdue tax debts of $2,000+
Vietnamnet global

Vietnam imposes travel bans on individuals with overdue tax debts of $2,000+

Vietnam’s new Decree 49 enforces exit bans on individuals and business owners with overdue tax debts of at least 50 million VND ($2,000) for over 120 days. Legal representatives of companies owing over 500 million VND ($20,000) are also affected.