MQB: Administrative Penalties for Tax Violations

The article discusses regulations and forms of administrative penalties related to tax obligations. According to current law, individuals or organizations that fail to fulfill their tax obligations correctly will be penalized with varying levels depending on the nature of the violation. Specifically, offenses such as incorrect tax declarations, late tax payments, or failure to pay taxes can incur penalties ranging from warnings to monetary fines, which can amount to millions of dong depending on the severity of the violation. Moreover, in serious cases, violators may also face criminal liability. Tax authorities have the right to inspect, audit, and handle violations to ensure that state budget collection is conducted fully and fairly.