Continuing from part 02 of the frequently asked questions about tax obligations on Shopee, today we will proceed with part 03, addressing queries related to actions that are deemed tax violations, the subjects that are penalized, and the specific penalties for breaching tax obligations.
1. Who are subject to penalties for violating tax obligations?
When doing business on Shopee, understanding tax regulations is crucial. So, who will be penalized for violating tax obligations?
- Individuals: Penalized according to the specific violation.
- Business households: Subject to the same penalties as individuals.
- Organizations: Penalized at twice the rate of individuals (except in cases of misreporting leading to tax evasion and tax deficits).
2. What are the specific penalties for tax violations?
Penalties for tax violations are clearly defined, depending on the severity of the violation.
- Late tax registration: Fines range from 500,000 VND to 5 million VND.
- Incorrect declaration not leading to tax deficits: Fines range from 250,000 VND to 4 million VND.
- Late tax declaration: Fines range from 1 million VND to 12.5 million VND.
- Incorrect declaration leading to tax deficits: Fine of 20% of the deficient tax amount.
- Tax evasion: Fines range from 1 to 3 times the evaded tax amount.
3. How is tax evasion determined?
To avoid legal issues regarding tax, sellers on Shopee need to understand the actions considered as tax evasion.
- Failure to register for tax within 90 days from the mandatory registration date.
- Failure to issue invoices when selling goods or services as required.
- Using illegal invoices to reduce the payable tax amount.
4. What measures can tax authorities apply to subjects violating tax obligations?
Upon detecting tax obligation violations, tax authorities have the right to apply the following measures:
- Require full payment of the tax deficit.
- Require completion of tax registration, declaration, and information provision.
- Require issuance of invoices according to regulations.
5. What is the interest rate for late tax payment?
In addition to fines, sellers will also incur interest on the late tax payment amount.
- Late payment interest rate: 0.03% per day on the unpaid tax amount.
Note: Strictly adhering to tax regulations is crucial to avoid legal and financial risks.
Facing difficulties in fulfilling tax obligations when selling on Shopee? Contact Lameco for free consultation!
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