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Overseas tech titans facing hurdles in digital taxation

Businesses are still hoping for further specifications on the regulations on digital and cross-border commerce by Vietnam’s tax authorities to prevent tax losses.

Ecuador , Germany , Vietnam , Republic-of , Paraguay , Argentina , Hoang-van-cuong , Kieu-nga , Minh-huyen , Pham-minh-chinh , Google , Digital-economy-agency

Fixes aim to clear up e-commerce tax

With the fast development of digital commerce in the past few years, an adjusted decree from the Ministry of Finance and a new e-commerce tax portal are expected to facilitate better tax management for e-commerce platforms.

Vietnam , Republic-of , Le-xuan-truong , Sendo , Department-of-taxation , Ministry-of-finance-mo , Academy-of-finance-ao , Vietnam-association , Tax-administration-for , Nguyen-thi-lan-anh , Tax-administration , Medium-sized-enterprises

Fixes aim to clear up e-commerce tax

With the fast development of digital commerce in the past few years, an adjusted decree from the Ministry of Finance and a new e-commerce tax portal are expected to facilitate better tax management for e-commerce platforms.

Vietnam , Republic-of , Le-xuan-truong , Sendo , Department-of-taxation , Ministry-of-finance-mo , Academy-of-finance-ao , Vietnam-association , Tax-administration-for , Nguyen-thi-lan-anh , Tax-administration , Medium-sized-enterprises

Biden 2023 Green Book Part 3: Trust and Estate Administration

Will required annual reporting on trust assets actually come to pass?

United-states , Treasury-department , Tax-administration-for , Explanations-of-the-administration-fiscal-year , General-explanations , Fiscal-year , Build-back-better , Green-book , Tax-administration , Decedent-estates , Sensible-taxation

U.S. Department of the Treasury Releases Greenbook, Outlining Tax Proposals Will Help Build a Better America

U.S. Department of the Treasury Releases Greenbook, Outlining Tax Proposals Will Help Build a Better America
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United-states , Washington , Americans , America , American , Janetl-yellen , Joe-biden , Partnership-audit-regime-proceedings , Oil-spill-liability-trust-fund-financing , Us-department-of-the-treasury , Chapters , Tax-administration-for

General Department of Taxation accelerates collection from cross-border platforms

General Department of Taxation accelerates collection from cross-border platforms
20:38 | 18/01/2021
Dozen thousands of online businesses have yet to fulfil their tax obligation
As of the end of 2020, about 15,000 YouTube channels in Vietnam have earned advertising revenue. However, only 30 per cent of them (about 5,000 units) have been paying tax, following the latest data published by the Ministry of Information and Communications (MIC).
Hanoi Department of Taxation said that for the cases which have purposefully delayed registering and declaring tax, the authority will issue sanctions as per the stipulated regulations, and even prosecute them.
While tax inspections haveÂ been ongoing for years, little has been reported in terms of results.Â According to Ta Thi Phuong Lan, deputy head of Tax Administration for Small- and Medium-sized Enterprises and Individuals under the GDT, the collected sum hasÂ grown over the years but remains small compared to the actual number of these individuals.

Hanoi , Han-i , Vietnam , Republic-of , Phuong-lan , Vietnam-general , Google , Tax-administration-for , Youtube , Department-of-taxation , Ministry-of-information