Legal Counselling

Vietnam: Enforcing the administrative decisions on taxation by invalidating invoices

17:25, 19/12/2013

The Amending Law on Tax Administration 2012 of Vietnam was promulgated on November 20, 2012 which amends and supplements a number of articles of the Law on Tax administration 2006. A featured content of the amending Law is the newly supplemented regulation on enforcing the administrative decisions on taxation by invalidating invoices.

Specifically, according to Clause 27 Article 1 of the Amending Law on Tax Administration 2012 of Vietnam supplementing Clause 98a to Article 98 of the Law on Tax administration 2006, enforcing by invalidating invoices is prescribed as follows:

- The invoices are invalidated when the tax authority fails to take the enforcing measures, or fails to completely recover the tax debt, late payment interest, or fines after taking the enforcing measures prescribed in Point a, b, and c Clause 1 Article 93 of the Law on Tax administration 2006 of Vietnam.

- The director of the tax authority must notify the enforced subject within 03 working days before announcing the invalidation of invoices.

- After taking the enforcing measures prescribed in this Article, the tax authority must announce it to the mass media.

View more details at the Amending Law on Tax Administration 2012 of Vietnam effective from July 01, 2013 amending and supplementing a number of articles of the Law on Tax administration 2006 of Vietnam.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

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