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Hanoi collects taxes from online businesses

by VTV414 July 2017 Last updated at 15:23 PM

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Hanoi collects taxes from online businesses
VTV.vn - Around 13,000 businesses operating on social media platforms such as Facebook and Zalo have received tax notifications from the Hanoi tax authorities in recent weeks.

Many of them queried about the tax regime for online businesses. The Tax Department issued an official statement to address them. Over 1000 of the businesses have fallen in line and begun the tax declaration process. Tax payees can do this simply by clicking on a link sent in their online notification or by visiting tax offices. The tax rates will be determined based on either revenues or fixed numbers. Businesses with revenues of less than 5000 USD are not subject to tax.