Some new stipulations in tax sector
With the aim of creating favorable condition for enterprises, organizations, etc. to improve technological infrastructure in accordance with the regulations on electronic invoices, the Government has promulgated Decree 123/2020/ND-CP to replace Decree 119/2018/ND-CP providing stipulations on electronic invoices in goods transaction and services provision. Simultaneously, in order to enhance efficiency in tax administration management, the Government promulgated Decree 125/2020/ND-CP providing regulations on sanction for administrative violations of taxes and invoices.
