Cross-border transactions are in the crosshairs as Decree 126/2020/ND-CP - the latest regulations on tax administration - is to come into effects on December 5, said senior tax officials in a press conference on Tuesday.
The 1,000 biggest tax payers in Viet Nam in 2017 contributed more than VND110 trillion (US$4.72 billion) to the State budget, increasing 8.45 per cent from the previous year, and accounting for 63 per cent of total tax contributions.