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Enhancements of online tax collection services proposed

by VTV429 April 2018 Last updated at 05:17 AM

VTV.vn - The Ministry of Finance has proposed that money transferring for e-commerce purchases must be made via banking services, or certified payment services.

This proposal aims to improve tax collection operations for e-commerce activities, and is part of a discussions on the amended draft Law on Tax Management. Accordingly, the taxation sector will run electronic tax collection services, such as online tax declarations and e-invoices. This move is expected to help tax payers access online services to keep up with technological advancements. The Ministry of Finance will work with the State Bank of Vietnam to guide commercial banks in collecting taxes from Google, Facebook and Youtube.

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