Hanoi, July 3 -- The decree sets out specific thresholds for imposing temporary exit bans based on the amount and duration of overdue tax liabilities, while also detailing notification procedures and the conditions for lifting the restrictions.
Under the new regulations, individuals engaged in business activities and heads of household businesses will be subject to a temporary exit ban if they are under tax enforcement measures and owe at least VND50 million (US$2,000) in overdue taxes for more than 120 days.
Meanwhile, legal representatives of enterprises, cooperatives and cooperative unions will face the same restriction if their entities owe VND500 million (US$20,000) or more in overdue taxes beyond the 120-day deadline.
The decree al...