Vietnam’s E-commerce Tax Revenue Reaches US$146.28 Billion in 2023
Jayson 29 Apr 2024 06:43
Data from the Vietnam General Administration of Taxation shows that e-commerce tax management revenue increased from 310 trillion dong in 2022 to 350 trillion dong (approximately US$146.28 billion) in 2023, and taxes paid was 97 trillion dong.
This means that Vietnam has achieved remarkable results in strengthening the country's overall management of e-commerce activities, especially tax management. Mai Son, deputy director of the Vietnam General Administration of Taxation, said that the tax industry has recently adopted measures to manage e-commerce activities based on eight platform groups.
At the same time, the tax industry will also divide taxpayers participating in e-commerce activities into two major categories for management:
The first is the provision of domestic goods and services, including: platform owners who carry out e-commerce activities, organizations and individuals that provide domestic goods and services through e-commerce trading floors, social network associations and other platforms;
The second is cross-border provision of goods and services, including: no permanent establishment in Vietnam, e-commerce and digital business with organizations and individuals in Vietnam.
This means that Vietnam has achieved remarkable results in strengthening the country's overall management of e-commerce activities, especially tax management. Mai Son, deputy director of the Vietnam General Administration of Taxation, said that the tax industry has recently adopted measures to manage e-commerce activities based on eight platform groups.
At the same time, the tax industry will also divide taxpayers participating in e-commerce activities into two major categories for management:
The first is the provision of domestic goods and services, including: platform owners who carry out e-commerce activities, organizations and individuals that provide domestic goods and services through e-commerce trading floors, social network associations and other platforms;
The second is cross-border provision of goods and services, including: no permanent establishment in Vietnam, e-commerce and digital business with organizations and individuals in Vietnam.
