Only 14.5% of online traders in Hanoi register tax

VCN- According to statistics from the Hanoi Taxation Department, there are 13,422 Facebook account holders in Hanoi having the activities of advertising and selling online. 
only 145 of online traders in hanoi register tax Domestic revenues are low
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only 145 of online traders in hanoi register tax
Illustrative photo.

Accordingly, the Hanoi Taxation Department has collected information on the identity, telephone, and identification of 1,950 individuals who have been registered and granted with a tax identification number (14.5%).

Mr. Vien Viet Hung, the Deputy Director of the Hanoi Taxation Department said: On 21st March 2017, the Hanoi Taxation Department has developed the project management tax for e-commerce business in the area. Through studying the characteristics of e-commerce business, the sellers on Facebook, Youtube, Zalo, etc., can own one or more accounts for advertising or sales which are mainly traded in cash. In addition, some businesses work on the social network as a seasonal job to increase income.

The nature of e-commerce business is the form of business based on information technology infrastructure, so tax authorities also need to use information technology as an effective tool for tax administration on this activity.

Through database system review, Hanoi now has 13,422 Facebook account holders with online advertising and sales activities. Accordingly, the Hanoi Taxation Department has collected information on the identity, telephone, and identification of 1,950 individuals who have been registered and granted with a tax identification number (14.5%).

The Hanoi Taxation Department has sent a message to the system of account holders who have not registered taxes to guide them to access the website of the tax authorities. At this site, there is information on the obligation to register and declare tax, the way to declare information so that individuals doing business online can declare with the tax office.

The Hanoi Taxation Department determines to manage online business types in the near future so that the people understand their responsibilities. Accordingly, the Hanoi Taxation Department will guide, support and encourage businesses to register in accordance with the provisions of the Law on Tax Administration and self-fulfillment of obligations under regulations. The tax office will organize management supervision, for cases of not tax registration, the tax office will implement solutions to collect and verify information for management in accordance with the law.

only 145 of online traders in hanoi register tax HCM City’s Tax Department: Dialogue, advise tax for real estate enterprises.

VCN- HCMC Tax Department held a roundtable dialogue, supporting newly-established enterprises in the field of real estate. ...

The tax administration project for e-commerce business activities is being actively and implemented by the Hanoi Taxation Department in the city. The Hanoi Taxation Department also expects individuals who are doing online business to cooperate, give feedback to tax authorities and actively register for tax declaration, limiting legal risks in the future.

By Hong Van/ Hoang Anh

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