PENALTIES IN THE FIELD OF ACCOUNTING TAX
According to the current regulations on penalties for violations in the tax field, the tax penalties are as follows:
A maximum fine of not more than VND 100,000,000 shall be imposed on organizations that commit administrative violations on invoices. A maximum fine of not more than VND 50,000,000 shall be imposed on individuals who commit administrative violations on invoices.
A maximum fine of not more than 200,000,000 VND shall be imposed on taxpayers being organizations that commit violations of tax procedures. A maximum fine of not more than 100,000,000 VND will be imposed on individual taxpayers who violate tax procedures.
A fine of 20% of the insufficient tax amount or the exempted, reduced or refunded tax amount is higher than prescribed for acts of false declaration leading to a lack of payable tax amount or an increase in the exempted, reduced or refunded tax amount.
A fine of 1 to 3 times the evaded tax amount for tax evasion.
Penalties for violations against regulations on declaration of loss, fire or damage of invoices before the issuance notice or purchased invoices from tax authorities but not yet made. Depending on the case, the fine ranges from warning to 10 million VND.
A fine ranging from VND 10,000,000 to VND 20,000,000 shall be imposed for failing to issue invoices when selling goods or providing services to buyers according to regulations.
A fine ranging from VND 4,000,000 to VND 8,000,000 shall be imposed for making invoices out of order from small to large numbers as prescribed.
Penalties for illegal use of invoices, illegal use of invoices: A fine ranging from VND 20,000,000 to VND 50,000,000 shall be imposed for using illegal invoices or using illegal invoices. invoice law.
Organizations and individuals that are late in paying fines for administrative violations of taxes and invoices will be charged a fine for late payment of fines at the rate of 0.05%/day calculated on the late payment fines.