Proposal for e-commerce platforms to pay taxes on behalf of sellers

TRÍ MINH |

The Directorate of Tax Directorate has just given a clear answer about the proposal that e-commerce platforms declare and pay taxes on behalf of sellers.

On October 9, at the 2024 Business and Law Forum, a representative of the Vietnam E-commerce Association commented that e-commerce is currently making a huge contribution to the economy. Tax management revenue in 2023 from this industry reached 3.5 million billion VND, contributing 97,000 billion VND to the state budget through taxes and is on an upward trend.

However, according to this person, the e-commerce business environment is also facing many difficulties and may face "big dangers" in the near future. That is the proposal that e-commerce platforms must declare and pay taxes on behalf of business households and individuals.

"We think this is an impossible task. Because e-commerce platforms cannot have enough information and resources to declare and pay taxes on behalf of hundreds of thousands of individuals and business households on e-commerce platforms" - a representative of the Vietnam E-commerce Association expressed his opinion and asked the authorities to carefully consider this proposal.

Responding right at the forum, Mr. Mai Xuan Thanh - Directorate of Tax Directorate made a comparison about the transfer of tax declaration and payment obligations of individuals and business households to e-commerce platforms.

"If we declare, our business households and individuals have over 156,000, and the floors have over 400. So which social cost solution is better? Currently, in reality, some floors are declaring and paying on our behalf. All the data is available through the floors," said Mr. Mai Xuan Thanh.

Directorate General Mai Xuan Thanh added that some international organizations OECD, IMF, WB all recommend that countries should let exchanges declare and pay on their behalf.

"This is a new issue that needs to be discussed. We agree that there will be two-way opinions when it is raised. But we think that the benefits should be considered carefully," said Mr. Thanh.

Previously, in the draft revised Law on Tax Administration submitted to the National Assembly later this year, the Ministry of Finance proposed that e-commerce platforms would declare and pay taxes on behalf of sellers.

TRÍ MINH
RELATED NEWS

Proposal to support social insurance contributions for street lottery ticket sellers

|

Many opinions proposed to support street lottery ticket sellers to participate in social insurance to ensure long-term social security for self-employed workers with unstable incomes.

Solutions to help children be safe from summer drowning risks

|

In the summer, many parents let their children learn to swim not only to improve their health but also to equip them with drowning prevention skills, helping children know how to protect themselves.

LDG runs out of cash, 2nd shareholders' meeting fails

|

As a real estate business holding a fairly large land fund, LDG's cash balance is almost exhausted when it is only 4.97 billion VND at the end of March 2026.

Relocating more than 1,000 households in the center of Ho Chi Minh City to implement a project worth more than 8,555 billion VND

|

Ho Chi Minh City sets a target to complete the clearance of more than 1,000 households along Van Thanh canal before September 15 to implement the urban embellishment project with a total capital of more than 8,555 billion VND.

Strengthening tax management for business households

TRÍ MINH |

The Tax Department focuses on researching tax management methods to promote the development of business households.

Director of Bac Lieu Tax Department does not answer strange phone numbers

NHẬT HỒ |

Bac Lieu - Deputy Director of the Provincial Tax Department explains the reason why the Director of the Tax Department did not respond to reporters' information.

Second property tax: Should it be applied immediately?

Linh Trang - Vũ Linh |

Experts say that in the context of an incomplete real estate database, taxation can affect the development of the entire market.