This is a notable content of Decree 125/2020/ND-CP on administrative penalties for tax or invoice-related violations in Vietnam. This Decree has made changes to the penalties for tax evasion acts compared to previous regulations.
To prevent the prevalent acts of price transfer and tax evasion, the Law on Tax Administration 2019 has explicitly defined the prohibited acts in tax administration activities. Notably, it strictly tightens the management of tax transfer pricing and tax evasion activities.
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