banks required to disclose taxpayers account info to tax agencies

Banks required to disclose taxpayers account info to tax agencies

From December 5, 2020, commercial banks in Vietnam are obligated to provide information on taxpayers' bank accounts and transactions to the tax department.
vietnams digital economy to reach 14 billion usd this year

Vietnam’s digital economy to reach 14 billion USD this year

Vietnam’s digital economy is expected to reach 14 billion USD in 2020, a year-on-year increase of 16 percent, and will likely reach 52 billion USD in 2025, re-accelerating to nearly 29 percent in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.
tax from e commerce activities increases

Tax from e-commerce activities increases

Tax declared from e-commerce activities had been increasing, reported the General Department of Taxation.
facebook google extend political ad ban amid misinformation rise

Facebook, Google extend political ad ban amid misinformation rise

Facebook and Google have extended their bans on political ads in the United States amid misinformation circulated aimed at bolstering claims by President Donald Trump of fraud in his loss to Joe Biden.
vietnams internet e conomy reaches 14 billion

Vietnam's internet e-conomy reaches $14 billion

Vietnam’s internet economy reaches a total value of $14 billion in 2020, which is one of the fastest growth rates in Southeast Asia, according to a Google report.
google expansion stimulates vietnamese digital transformation

Google expansion stimulates Vietnamese digital transformation

Google expansion in most aspects has motivated the digital transformation in Vietnam, inspiring developers and regulators alike to take a slice from the huge funds flowing out of the country and into the wallet of the tech giant.
indonesian government obligates global tech titans to obey tax duty

Indonesian government obligates global tech titans to obey tax duty

Tech titans across the globe can no longer ignore their tax obligations in every market where they earn profit as more and more governments are taking a firmer grip, with Indonesia being the latest joining the tax collection.
google nears copyright deal with french newspapers

Google nears copyright deal with French newspapers

Google said on Wednesday it was close to a digital copyright deal with French newspapers, which would be the first under EU rules aimed at ensuring news publishers are paid for content displayed in search results.
google maps shows covid 19 hot spots

Google Maps shows Covid-19 hot spots

Google is updating its free mapping service this week with color-coding that maps out areas infected with Covid-19 cases, the search giant said in a blog post Thursday.
vingroup issues e commerce app for groceries

Vingroup issues e-commerce app for groceries

Vingroup issued the VinShop e-commerce app on Google Play Store and AppStore to help owners of groceries to place wholesale order with suppliers and producers.
south korean government to look into google and apple app stores

South Korean government to look into Google and Apple app stores

Apple and Google are in the sight of the South Korean government as their fee-charging policies have been too heavy a burden for app developers for many years.
vietnam tax duty to be obligatory for google facebook soon

Vietnam: Tax duty to be obligatory for Google, Facebook soon

Google and Facebook will have to perform their tax duty and take responsibility for content verification of cross-border advertising services in Vietnam, as new rules will come out soon.
google slams australia law forcing tech giants to pay for news

Google slams Australia law forcing tech giants to pay for news

US technology giant Google went on the offensive Monday against an Australian plan forcing digital giants to pay for news content, telling users their personal data would be "at risk".
indonesia imposes 10 percent vat on foreign high tech groups

Indonesia imposes 10-percent VAT on foreign high-tech groups

Indonesia began to impose a 10-percent value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on July 7 in the context of the COVID-19 pandemic affecting the country’s state finances.
bank accounts of local advertisers to be drained for facebook and google tax arrears

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears

Dozens of thousands of local advertisers of Facebook and Google are on edge since the Law on Tax Administration has come into force on July 1.