March 11 2018
Some members of Vietnam’s legislative National Assembly have expressed concerns about a proposal to slap a heavy tax on officials with unexplained incomes or assets, saying it could be used to launder money.
Under an amendment to the Anti-Corruption Law drafted by the Government Inspectorate, if authorities confirmed that a civil servant’s assets or incomes were greater than the values they declared, or they failed to provide valid explanations where they came from, they would face a 45 percent personal income tax bill.
