On October 30, 2022, the Government issued Decree 91/2022/ND-CP amending Decree 126/2020/ND-CP guiding the Law on Tax Administration. Decree 91 takes effect from the time of promulgation.
Highlights of the Draft Decree on extension of the time limit for payment of tax, land rents and water surface rents in 2022
In the context of on-going complicated and unpredicable development of the Covid-19 pandemic, which adversely impacts several businesses, the Government is developing a Draft Decree on extension of the time limit to pay value added tax, corporate income tax, personal income tax, land rents and water surface rents in 2022, which will be issued under simplified procedure. Some outstanding provisions of the Draft Decree (2nd Draft) are addressed in this article.
Giảm thuế giá trị gia tăng xuống 8% đối với một số nhóm hàng hóa, dịch vụ
Ngày 28/01/2022 Chính phủ đã ban hành Nghị định 15/2022/NĐ-CP quy định chính sách miễn, giảm thuế theo Nghị quyết 43 về chính sách tài khóa, tiền tệ hỗ trợ Chương trình phục hồi và phát triển kinh tế – xã hội (Nghị định 15). Nghị định 15 có hiệu lực kể từ ngày 01/02/2022. Bài viết phân tích một số nội dung đáng chú ý liên quan đến chính sách giảm thuế giá trị gia tăng.
New regulations on administrative sanctions for tax and invoice-related violations
On November 16, 2021, the Government issued Decree 102/2021/ND-CP amending and supplementing a number of provisions in Decree 125/2020/ND-CP on administrative sanctions for taxes and invoices-related violations. This Decree will take effect from January 01, 2022.
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.