Vietnamplus

E-commerce platforms do not have to pay taxes on behalf of sellers, and are only responsible for providing information to the authorities.

Tax revenues grew on a yearly basis but were falling month-by-month, according to Deputy Director of the General Department of Taxation (GDT) Dang Ngoc Minh.

The Ministry of Finance (MoF) has proposed the Government continue extending the deadline for excise tax payment for domestically-manufactured and assembled cars.

Cross-border transactions are in the crosshairs as Decree 126/2020/ND-CP - the latest regulation on tax administration - is to come into effect on December 5, said senior tax officials in a recent press conference.

The Ministry of Finance has submitted to the Government solutions to remove difficulties for production and business activities and support the market amidst the complicated developments of the COVID-19 outbreak.

Tax chiefs from 17 Asia-Pacific countries and territories, including Vietnam, began their annual talks in Indonesia to discuss a digital tax and how to tackle the issue of base erosion and profit shifting (BEPS).

The General Department of Taxation (GDT) has proposed to erase 12 trillion VND (516 million USD) out of total 30 trillion VND irrecoverable tax debts.

Tax evasion, tax avoidance and transfer pricing are getting more complicated, particularly through affiliated transactions, due to incomplete and impractical policies, said Deputy Minister of Finance Tran Xuan Ha on July 15.

The fifth working day of the 14th National Assembly’s seventh session took place in Hanoi on May 24 under the chair of NA Chairwoman Nguyen Thi Kim Ngan.

The state audit sector plays an important role in tax administration, helping strengthen the national financial system, heard a workshop held by the State Audit Office (SAV) and the UK-based Association of Chartered Certified Accountants (ACCA) in Hanoi on May 9.

The Vietnam Institute for Economic and Policy Research (VEPR) under the University of Economics and Business - Vietnam National University, Hanoi, on May 25 announced Vietnam’s tax equity report 2017.

Casino establishments in Vietnam must soon equip their venues with features like a working camera system to aid the Ministry of Finance in supervising the casinos’ operation.