New proposal requires e-commerce platforms to pay taxes of sellers

New proposal requires e-commerce platforms to pay taxes of sellers

A proposed revision to the tax law would obligate e-commerce platforms to declare and pay taxes on behalf of sellers.
Phased tax hikes crucial for sustaining business operations

Phased tax hikes crucial for sustaining business operations

Proposed tax increases on some beverages have raised concerns, particularly given the ongoing challenges faced by the beverage industry in particular.
Nearly 43,000 online sellers under tax review

Nearly 43,000 online sellers under tax review

Vietnam's General Department of Taxation is reviewing over 42,000 businesses and individuals that sell good online.
Real estate giants the focus of specialised audits

Real estate giants the focus of specialised audits

Real estate firms SonKim, Hai Phat Invest, Van Phuc, and Bitexco, are among 42 companies listed for specialised audits this year, according to the GDT.
Foreign tech giants contribute $166 million in taxes in H1

Foreign tech giants contribute $166 million in taxes in H1

The General Department of Taxation (GDT) in Vietnam has reported that prominent foreign tech companies, including Google, Apple, Facebook, Netflix, TikTok, made substantial tax contributions, amounting to around $166 million during the first half of 2023.
Vietnam sets October for move towards global minimum tax adoption

Vietnam sets October for move towards global minimum tax adoption

The Vietnamese government is slated to table the proposed legislation regarding global minimum tax before the National Assembly in October.
Timeline extended for e-commerce taxation

Timeline extended for e-commerce taxation

Tax authorities will give five more months for e-commerce platforms to set up data connectivity and begin sharing online sellers' information from January 2022.