Category

Reviewing nearly 165.000 online sales accounts, collecting more than 747 billion VND in taxes

Reading time: 3 min

Updated: September 26, 06

Regarding e-commerce business, in the first 5 months of the year, the tax authority reviewed 164,661 taxpayers; collected 747 billion VND.

According to information from the Ministry of Finance at noon on June 04, in the first 06 months of the year, tax collection from organizations and individuals doing business in e-commerce and other digital economy activities was 5 billion VND, an increase of 74,400% over the same period in 55.

In the first 5 months of the year, tax revenue from e-commerce and other digital economic activities reached 74.400 billion VND - Photo: NGOC THANG

Of which, 158 foreign suppliers have registered for tax, declared and paid taxes via the electronic portal with the amount of tax declaration and payment being VND 5,700 billion, an increase of 41% over the same period in 2024.

100,000 business households and individuals have registered for tax, declared tax, and paid tax on the Electronic Information Portal for Business Households and Individuals, with the tax amount paid being nearly 1,100 billion VND...

Notably, regarding tax handling for e-commerce business activities, the tax authority has reviewed 164,661 taxpayers. Of which, it has collected over VND416 billion from businesses; and over VND25,201 billion from individuals and business households in 331 cases.

Previously, in an open letter dated May 12, the Tax Department (Ministry of Finance) recommended that business owners, legal representatives of enterprises; representatives of business households, individuals doing e-commerce business, and business on digital platforms proactively approach and learn about tax laws and comply with tax registration, tax declaration, and tax payment as prescribed.

Individuals who have been doing e-commerce business or doing business on digital platforms but have not yet registered for tax need to urgently register, declare and pay taxes fully, on time and promptly to the tax authorities.

Customers write transfer content to avoid tax: Beware of being fined!

In case of not receiving cooperation from taxpayers, the tax sector will inspect and strictly handle business activities that do not perform or do not fully perform tax obligations as prescribed.

In cases of intentional non-compliance, the tax authority will consolidate the records and transfer them to the competent authority to investigate and handle tax evasion in accordance with the provisions of law.

According to the Tax Department, recently, a number of enterprises, business households, and business individuals have not registered for business or tax, have under-declared revenue, and have not fully fulfilled tax obligations from business activities on e-commerce and digital platforms.

This causes loss of revenue to the budget, violates the law and unfair competition.

Article source: Thanh Nien Magazine

Tag #
OUTSTANDING SERVICE
Services for business households and individual businesses
🚀 Expertis's business consulting service helps you solve the following needs:
  • Tax declaration, accounting support, full package of invoices and documents
  • Consulting on optimal tax solutions, avoiding errors & reducing violations
  • Consulting on correcting declaration errors, supplementing missing or incorrect documents
  • Instructions on how to work with tax authorities
  • Comprehensive consulting on conversion from sole proprietorship, sole proprietorship to enterprise
Accounting and tax services package

Over 22 years of experience with outstanding service quality, helping you manage your business's financial system effectively, saving time and costs, complying with the law and avoiding tax risks.

Salary Service and Social Insurance
Make your payroll management and social security compliance easier with the help of our experienced labor and payroll experts
  • Consulting on building salary system
  • Salary calculation according to regulations
  • Handling social insurance, health insurance, unemployment insurance
  • Personal income tax report
  • Support for resolving labor disputes
Reviewing nearly 165.000 online sales accounts, collecting more than 747 billion VND in taxes
Sign up
CONSULTATION NOW

We will help you understand correctly and propose a detailed solution that best suits your needs and goals.