Survey e-commerce platforms for tax declaration and payment of business households
The General Department of Taxation works with the Ministry of Industry and Trade to survey some e-commerce platforms. Photo: Internet. |
To implement Circular 40 of the Ministry of Finance and support tax payers and e-commerce platforms, the General Department of Taxation expects to deploy four steps.
Step 1 (in August 2021), the General Department of Taxation will work with the Ministry of Industry and Trade to conduct survey on some e-commerce platforms to develop data standards and draft data standards.
The department will send data files via its portal or connect with major e-commerce platforms. This proposal will be asked by the Vietnam- Ecommerce Association before conducting surveys at platforms.
It expects the data on sellers on the platforms will be sent monthly, including store name, store owner name/tax code/identity card/address/email/telephone number/revenue. Basically, this data is available at platforms.
Step 2 (from August 1 to October 1), the department will summarise feedback, complete and submit authorities to issue official guidelines on: data standards providing information; connectivity solutions; the process of providing information and exploiting the tax authority's database to serve the tax administration.
Step 3 (from October 1, 2021 to before January 1, 2022), the General Department of Taxation and e-commerce platforms must upgrade the application to provide information according to the standard format.
Steps 4 (from January 1, 2022), e-commerce platforms will provide information with the tax man under data standards.
The General Department of Taxation has proposed the Vietnam-Ecommerce Association to give opinions from e-commerce floors.
Related News
GDVC assigns minimum targets for overdue tax debt collection and settlement in 2024 to customs departments
08:02 | 03/04/2024 Customs
Global export opportunities for wood and furniture products through e-commerce
14:13 | 30/03/2024 Import-Export
Lang Son Finance, Tax and Customs agencies needs to proactively capture information to develop the border gate economy
15:59 | 21/03/2024 Customs
Why not reduce export tax on fertilizer products to 0%?
09:37 | 21/03/2024 Regulations
Latest News
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Forum discusses support for women-owned firms to join supply chains
17:41 | 18/04/2024 Finance
Ensure savings and prevent losses in disbursement of public investment
10:24 | 18/04/2024 Finance
More News
Implementing unprecedented fiscal policies to actively support people and businesses
16:25 | 17/04/2024 Finance
Foreign investors net sell in Vietnamese market, banking sector attracts interest
16:13 | 17/04/2024 Finance
Banks record positive business indicators in Q1 2024
14:20 | 16/04/2024 Finance
The finance sector focuses on perfecting institutions, ensuring financial discipline, and budgetary rigor
10:00 | 16/04/2024 Finance
IASB recommends Vietnam prepare infrastructure to apply IFRS
09:57 | 16/04/2024 Finance
Strong decentralization for ministries, branches and localities to manage and use electricity projects
10:50 | 15/04/2024 Finance
The Tax sector’s revenue collection reached 33% of current appropriation
10:50 | 15/04/2024 Finance
Savings interest rates begin rising amid slowing bank deposits
17:58 | 14/04/2024 Finance
Ministry of Finance conducts general verification of public assets
17:07 | 14/04/2024 Finance
Your care
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Forum discusses support for women-owned firms to join supply chains
17:41 | 18/04/2024 Finance
Ensure savings and prevent losses in disbursement of public investment
10:24 | 18/04/2024 Finance
Implementing unprecedented fiscal policies to actively support people and businesses
16:25 | 17/04/2024 Finance