Since the portal for tax payment of cross border activities was launched on March 21 this year, 36 foreign service providers have registered, declared and paid taxes through it, heard a webinar held by the Government Portal on September 29.
There are still non-resident traders and service providers who are yet to register, file and pay taxes for doing business on digital platforms in Vietnam, according to the General Department of Taxation (GDT)’s Large Taxpayers Department.
The General Department of Taxation plans to debut its e-tax application for mobile devices, Etax-mobile, in August to facilitate taxpayers particularly amid the complicated developments of COVID-19.
The General Department of Taxation (GDT) reported on August 18 that it has completed the integration of additional 27 administrative procedures into the national public service portal, lifting the total number of online public services provided through the portal to 120.
The Ministry of Finance estimated that the reduction and exemption of the corporate income tax may lead to a decline of some 9.2 trillion VND (395.29 million USD) in the State budget revenue annually.
Border residents will be exempted from import tariffs and other taxes when buying, selling and exchanging goods valued at the maximum of 2 million VND per capita a day for four days a month.
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