Meta, Google, Apple pay taxes in Vietnam on the first working day after Tet

VCN – The General Department of Taxation has taken measures to collect tax for foreign providers. Therefore, the Tax authority collected VND1,800 billion via the Portal for foreign providers.
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Meta, Tiktok pay hundreds of billions dong of taxes in Vietnam Meta, Tiktok pay hundreds of billions dong of taxes in Vietnam
Energy costs of many industries account for more than 60% of product costs Energy costs of many industries account for more than 60% of product costs
Meta, Google, Apple pay taxes in Vietnam on the first working day after Tet
Portal for foreign providers.

The General Department of Taxation said that following the direction of the Prime Minister, the General Department of Taxation has directed tax departments to comply with Directive No. 03/CT-TTg.

Foreign providers have declared and paid taxes via the Portal such as Meta at 34.5 million Euro, Google at US$28.8 million, and Apple at VND174 billion.

According to the General Department of Taxation, this is a positive sign in the coordination of tax declaration and collection between the Vietnamese tax authorities and the foreign providers from the beginning of the new year. This shows the trust, prestige and compliance with the tax law by the foreign providers in e-commerce and digital-based business activities in Vietnam.

In 2022, the successful implementation of the Portal for foreign providers marked a step forward for Vietnam's tax sector in tax administration in line with international trends. After more than eight months of implementation (from March 21, 2022), 45 foreign providers have registered, declared and paid taxes via the Portal.

By Thuy Linh/Ngoc Loan

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