Kinh Bac City Development Holding Corporation received the decision of tax inspection by the Taxation Department of Bac Ninh Province dated November 06, 2018 regarding the tax penalty as follows:

1. Value added tax arrears: VND1,586,322,659
2. Corporate income tax arrears: VND2,542,912,690
3. Penalty for false declaration of Value added tax: VND317,264,532
4. Penalty for false declaration of Corporate income tax: VND508,582,538
5. Penalty for violation of invoice: VND15,000,000
6. Late payment of Value added tax: VND376,255,123
7. Late payment of Corporate income tax: VND253,372,303.