On November 12th, 2020, The General Department of Taxation issued Official Letter No. 4818/TCT-CS summarizing some contents of Decree No. 125/202/ND-CP, in which some new regulations are specified by their contents. Some mentioned points in the Official Letter are as follows:
- In term of general regulations, 11 points are mentioned such as: Scope, penalized entities in tax or invoices, records related administrative violations. Interpreting some terms that are used in administrative penalties for tax or invoice-related violations; Rules for penalizing organizations, individuals at the same time for committing many acts of tax or invoice-related administrative violations; Aggravating, mitigating factors; Time limit for administrative penalties for tax or invoice-related violations; Rules for determining fine levels when applying aggravating, mitigating factors; additional penalties; Remedies measures; Reversal period of back taxes; Exceptions to tax or invoice-related administrative penalties.
- In term of administrative penalties on tax violations, 10 points are mentioned such as: Violations on tax registration time limits, notification of temporary business suspension; notification of premature business continuation; Violations against regulations on time limits for notification of changes in tax registration information; Acts of making the false or incomplete declaration of information contained in tax dossiers that do not lead to any deficiency in payable taxes; Act of later submission for tax returns than the prescribed time limit; Violations on providing information for the determination of tax obligations; Violations against regulations on compliance with decisions on tax inspection and examination, enforcement of tax-related administrative decisions; acts of making false declaration tax dossiers that lead to any deficiency in taxes payable or any increase in amounts of tax exemption, reduction or refund….
- In term of administrative penalties on invoice violations, 12 points are mentioned such as: Violations on internally print out invoices and creating e-invoices; violation on externally printed invoices; violations on printing of externally ordered invoices; Act of giving and selling invoices; Act of invoice issuance…..
In term of the authority, procedures for imposition of penalties for administrative tax or invoice-related violations, 6 points are mentioned such as: The authority impose penalties; The procedures for imposition of penalties; Penalties execution; Fine exemption; Applying transitional documents and provisions; Forms for administrative penalties for tax or invoice-related violations
