Tax authorities conduct 38,800 site inspections in 8M
$415mln retrieved from inspections so far this year.
Tax department to simplify 20% of business-related regulations
All administrative procedures are to eventually be conducted online.
42 foreign cross-border service providers paying taxes via portal
A web portal for foreign providers without permanent establishments in Vietnam represents an advanced tax management tool to help improve compliance.
Cross-border e-commerce portal boosts tax collections
The General Department of Taxation has said that five months after introducing an e-portal for foreign e-commerce providers, 30 major players such as Microsoft, Facebook, Google, Netflix, TikTok, and eBay have registered and paid taxes totaling $22.2 million.
Tax debts showing signs of escalating
According to the General Department of Taxation, the total amount of taxes owed as of the end of July was estimated at VND133.639 trillion ($5.71 billion), an increase of 16.2 per cent compared to the end of 2021 and 17 per cent year-on-year.
Banks introducing eTax Mobile
According to the General Department of Taxation, six banks now provide accounts for users to make online tax payments via the eTax Mobile application. The Department is continuing to carry out authentication with a number of other banks to accelerate the deployment of eTax Mobile, contributing to the implementation of the “Project for developing non-cash payments in Vietnam”.