E-commerce Portal supports 41.5 thousand households and individuals doing business to fulfill their tax obligations
According to information from the Ministry of Finance, in recent times, the Ministry of Finance has stepped up propaganda about legal policies through mass media, sent open letters to taxpayers (Taxpayers), and built a separate section on the Tax Department's website to support individuals doing e-commerce (E-commerce) to fulfill their tax obligations, coordinated with domestic e-commerce platforms and foreign e-commerce platforms to propagate about tax obligations of organizations and individuals doing e-commerce business.
Regarding the formulation of legal policies, the Ministry of Finance has developed and completed the tax law documents: Law No. 56/2024/QH15 of many law amendments (including amendments and supplements to the Law on Tax Administration and the Law on PIT), VAT Law, Decree No. 123/2020/ND-CP in the direction of: Regulating responsibilities of e-commerce floors, digital platforms in deducting and paying taxes for business and paying taxes for business households; Allowing households and individuals to do business on the floor may be authorized to the e -commerce trading floor to set up an e -commerce contract to the buyer; Coordinate with the Ministry of Information and Communications to develop Decree No. 147/2024/ND-CP stipulating that when individuals livestreamed on social networking platforms for sale, they must be authenticated by personal identification numbers, to ensure that only authentication accounts are posted, commented and livestreams.
At the same time, officially operate the "Electronic information portal for households and individuals doing business to register, declare, and pay taxes from e-commerce and business on digital platforms" from December 19, 2024 to support an additional channel to fulfill tax obligations conveniently for households and individuals doing e-commerce business. By February 27, 2025, the E-commerce Portal supported 41.5 thousand households and individuals doing business to register for tax, declare taxes, and pay taxes on the E-commerce Portal for business households with the amount paid to the State budget of more than 258 billion VND.
Review and enrich e-commerce databases. In 2024, the Tax Department worked with 6 major e-commerce platforms (Shopee, Tiki, Lazada, Sendo, TikTok, Grab) to request and support platforms to provide information to ensure accuracy and sufficient compliance with regulations. After 09 periods of providing information from e-commerce trading floors (from Q4/2022 to Q4/2024), information has been collected from 439 information platforms providing information to tax authorities, with a transaction turnover of 40 billion and a total transaction value of 366 trillion VND. In addition, the Tax Department is also implementing the work of collecting information from shipping units and foreign suppliers who are online platform managers in Vietnam to enrich e-commerce databases.
Concentrating on collecting nearly VND1,400 billion after reviewing more than 40 billion e-commerce transactions
In 2024, the tax sector handled 33,003 violations (736 enterprises; 32,267 individuals) with the amount of tax handled for collection and fines being nearly VND 1,400 billion.
The tax authority has also actively coordinated with ministries and branches in connecting and sharing data, and as a result, it has coordinated with the Ministry of Industry and Trade to share data on 929 websites and 284 applications providing e-commerce services. The General Department of Taxation has directed tax authorities to directly manage organizations that are owners of websites/apps providing e-commerce services to conduct comparisons and reviews to determine whether e-commerce platforms are actually operating to request information.
In the coming time, the Ministry of Finance will implement many key solutions as follows:
The Ministry of Finance studies and proposes amendments to the Law on Tax Administration, the Law on E-commerce and guiding documents in the direction of requiring logistics service providers and e-commerce platform managers to provide information on organizations and individuals doing e-commerce business (including organizations and individuals livestreaming sales, marketing related to sales); coordinate with relevant ministries and branches to propose amendments to relevant specialized legal documents in the direction of requiring increased sanctions for e-commerce platforms that violate the law related to the field of e-commerce;
Develop a Decree guiding the Law amending many Laws regulating the responsibilities of managers of e-commerce trading floors and digital platforms (including domestic and foreign organizations) in deducting, paying taxes on behalf of, and declaring the deducted tax amount on behalf of business households and individuals.
Continue to consolidate and enrich e-commerce databases, build risk management models for e-commerce businesses and individuals, thereby applying artificial intelligence (AI) to process big data, issuing warnings for cases of tax risks.
Strengthen the review, inspection and examination of organizations and individuals doing business in the field of e-commerce and digital platform business.
Strengthen coordination with ministries and branches in sharing and connecting data to serve tax management for e-commerce activities.
