Bắc giang
Tax revenue from e-commerce surges
According to the department, 130 foreign suppliers, including Google and Facebook, have registered, declared, and paid taxes through the electronic tax portal for foreign providers, contributing a total of 2.91 trillion VND (114 million USD).
The Department of Taxation under the Ministry of Finance has reported a sharp rise in tax revenue from e-commerce in the first months of 2025.
 |
|
A shopper buys goods online. |
According to the department, 130 foreign suppliers, including Google and Facebook, have registered, declared, and paid taxes through the electronic tax portal for foreign providers, contributing a total of 2.91 trillion VND (114 million USD).
Additionally, over 33,000 individual and household businesses have registered and declared taxes, amounting to 1.6 trillion VND (62.6 million USD).
In 2025, tax authorities plan to work with five major e-commerce platforms - Shopee, Tiki, Lazada, Sendo, TikTok, and Grab - on the provision of personal information of business households.
The department is also gathering data from delivery and online payment service providers to track sellers and enforce tax collection measures.
With e-commerce experiencing rapid growth, ensuring tax compliance is crucial to preventing revenue losses.
A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than VND8.68 trillion (US$340.6 million) through the General Department of Taxation’s e-portal this year.
The National Assembly (NA) Standing Committee has issued a resolution on Vietnam’s environmental protection tax rates for petrol, oil, and lubricants in 2025, keeping in effect a tax cut introduced to support the economy post pandemic.
BAC GIANG- Launching e-invoices generated from cash registers with tax codes of tax authorities is a breakthrough in budget revenue management. This is one of the effective solutions for tax authorities to properly control transactions of retail businesses.
E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being business households and individuals from April 1, 2025.
National Assembly deputies have been debating whether a 5% VAT tax on fertilisers should be reintroduced.
BAC GIANG - To improve the effectiveness of state tax management for business households, implementing the direction of the Ministry of Finance and the General Department of Taxation, this year, the Tax sector of Bac Giang province focuses on applying digital map of business households in the whole province.
Reader's comments (0)