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Tag
asset declaration
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Lawmakers divided over heavy tax on misdeclared income in Vietnam's anti-corruption bill
The bill would see a 45 percent personal income tax being levied on officials with misdeclared or unexplained assets and incomes.
Anti-corruption officials want to tighten noose on cash transactions
Asset declarations for all high-ranking officials are intended to put an end to corruption, but there is a lack of transparency in the system that requires these officials to be honest, said Pham Trong Dat, head of the Anti-Corruption Department under the Government Inspectorate.
