link ae888

E-commerce platforms do not have to pay taxes on behalf of sellers

E-commerce platforms do not have to pay taxes on behalf of sellers, and are only responsible for providing information to the authorities.
E-commerce platforms do not have to pay taxes on behalf of sellers ảnh 1Vietnam currently has 139 e-commerce trading floor owners, with 41 sales floors and 98 service floors. (Photo: VNA)
Hanoi (VNA) - E-commerce platforms do not have to paytaxes on behalf of sellers, and are only responsible for providing informationto the authorities.

Decree 91/2022/ND-CPamending and supplementing a number of articles of Decree 126 detailing the Lawon Tax Administration has just been promulgated by the Government, effectivefrom October 30.

Specifically, the new decree stipulates that the organisation that is the owner of an e-commercefloor is responsible for providing fully, accurately and on time to the taxagency information of traders, organisations or individuals that have conductedpart or the whole process of buying and selling goods and services on thee-commerce trading floor.

This informationincludes the seller's name; tax identification number, personal identificationnumber, identity card, citizen identification, passport, address; phone number;and sales through the floor's online ordering function.

The provision of informationis carried out on a quarterly basis, no later than the last day of the firstmonth of the following quarter.

E-commerce floors willprovide required information through the Portal of the General Department ofTaxation in the data format published by this agency.

Before that, thee-commerce floor was expected to pay taxes on behalf of sellers.

The recently releasedVietnam E-commerce White Paper 2022 has forecast that the size of theVietnamese retail e-commerce (B2C) market will reach 16.4 billion USD thisyear, up 20% over the previous year.

According to theGeneral Department of Taxation, Vietnam currently has 139 e-commerce tradingfloor owners, in which, 41 sales floors, 98 service floors, and three partnercompanies of foreign suppliers are allowed to pay tax for organisations andindividuals on behalf of foreign suppliers.

The average number ofcustomers accessing the trading floors is estimated at 3.5 million times perday./.
VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

💎 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

ꦦ Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🎃 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

ꦗ Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|