On October 19, 2020, the Government issued Decree 125/2020/ND-CP (“Decree 125/2020/ND-CP“) on sanctioning of administrative violations of taxs and invoices. Here are some noteworthy contents of Decree 125/2020/ND-CP on: The statute of limitations for sanctioning administrative violations of tax and invoices.
Clause 1, Clause 2 Article 8 of Decree 125/2020/ND-CP prescribes The statute of limitations for sanctioning administrative violations of tax and invoices as follows:
| Violation | Statute of limitations | The time for calculating the statute of limitations for sanction |
| About the invoices | 01 year | For acts of administrative violations that are being carried out, the statute of limitations is counted from the date the persons competent to perform the public duties detect the violations.
For an administrative violation has ended, the statute of limitations is counted from the date the violation ends. |
| About Tax Procedures | 02 years | From the date of violation. |
| Tax evasion (not to the point of criminal prosecution, false declaration leading to lack of tax payable or increase in exempt, reduced, or refunded tax amounts), | 05 years | From the date of violation. |
Decree 125/2020/ND-CP takes effect from December 5, 2020.
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