The Ministry of Finance has asked digital-based businesses and delivery service companies to provide information about e-commerce sellers using their platforms and services.
A draft regulation that would require banks to provide details of customers’ accounts to tax authorities which has caused controversy has been removed from the latest version of the draft Law on Tax Management.
Le Ha of Ha Noi, an online sellers who are conducting trade via Facebook, feels anxiety as she has received a message from tax authorities inviting her to come and declare tax.
Tax authorities have been told to collect tax debts of
enterprises totalling VND23.5 trillion (over US$1 billion), or an 18.8
per cent year-on-year increase, by the end of July , the General
Department of Taxation (GDT) reported.
Tax authorities anticipate collecting at least VND680 billion (US$30.4
million) in the remaining ten months of 2016, a 19 per cent increase
over the same period last year and seen as a sign that the Vietnamese
economy was continuing to recover.
From February 5, enterprises can negotiate and reach agreements with
tax authorities over the taxable prices of their goods or services,
according to a newly-released circular by the Finance Ministry on the
implementation of the Advance Pricing Agreement.