Decree 129/2013/ND-CP, which is effective from 15 December 2013, revises the tax administrative rules on penalties for administrative violations. The key amendments are summarized below. Statute of limitations (SOL)
The SOLs for procedural offences and for underpayment of tax remain unchanged at 2 years and 5 years respectively. Decree 129, however, clarifies that the SOL runs from the date the of…