Topic: Tax revenue

The tax authority has already implemented tax collection for cross-border e-commerce platforms from 102 foreign suppliers, including Facebook, Google, etc.

On July, 29, the “Tax on e-commerce and cross-border digital services: International experience and Vietnamese practice” conference was held by the Institute of Financial Strategy and Policy in cooperation with General Department of Taxation. Analysts believe that tax revenue from e-commerce could skyrocket with control over cross-border trading and payment transactions for digital services based on completing a legal corridor and using technology.