DECREE 291/2026/NĐ-CP AMENDING AND SUPPLEMENTING THE REGULATIONS ON ADMINISTRATIVE PENALTIES FOR TAX AND INVOICE VIOLATIONS

On 21 July 2026, the Government issued Decree 291/2026/NĐ-CP amending and supplementing a number of articles of Decree 125/2020/NĐ-CP on administrative penalties for tax and invoice violations, as amended and supplemented by Decree 102/2021/NĐ-CP and Decree 310/2025/NĐ-CP. The Decree takes effect from its date of issuance.

A notable new point is that the Decree adds penalties for failing to provide, providing incomplete, or providing untimely information serving international tax information exchange as requested by the tax authority. Accordingly, enterprises may be fined from VND 10 million to VND 100 million depending on the severity of the violation, and are required to provide complete and accurate information as prescribed.

The new provisions emphasize taxpayers’ responsibility to manage, store and provide information in a timely manner to meet tax administration requirements in the context of strengthened cross-border information exchange.