E-commerce platforms may have to pay taxes on behalf of business owners

The Ministry of Finance believes that e-commerce trading floors with online ordering functions fully grasp information about buyers; information about successful sales transactions; information about revenue and expenses through the floors of organizations and individuals providing goods and services.

Therefore, e-commerce platforms can declare and pay taxes on behalf of individuals providing goods and services through the platform. The Ministry of Finance believes that this solution contributes to reforming administrative procedures and reducing the number of tax declaration points.

At the same time, in general, this will reduce administrative procedure compliance costs for the whole society because instead of tens of thousands of individuals directly declaring taxes with tax authorities, there is only one contact point, the e-commerce trading floor, to declare and pay taxes on their behalf.

The General Department of Taxation will continue to study this solution to ensure feasibility, efficiency and conformity with international practices.

The Ministry said that the tax sector has proposed many solutions to strengthen tax management for e-commerce business activities.

Among them, there is a proposed solution to amend and supplement regulations in the direction of requiring organizations that are owners of e-commerce trading floors with online ordering functions to be responsible for declaring and paying taxes on behalf of individuals doing business on e-commerce trading floors.

The Ministry of Finance informed that the General Department of Taxation will continue to study this solution to ensure feasibility, efficiency and conformity with international practices.

Previously, at the National Assembly meeting on May 23, Minister Ho Duc Phoc said that this year the Ministry will focus on collecting taxes from domestic e-commerce platforms and online trading.

Therefore, the Ministry has connected the tax authority's database to the population database of the Ministry of Public Security and coordinated with the State Bank to control payments on e-commerce.

The Ministry of Finance also proposed that the State Bank increase non-cash payments. Through this, taxes will be collected in this field. The Minister informed that in the past two quarters, nearly 50,000 billion VND has been collected from these amounts .

Source: https://www.nguoiduatin.vn/san-thuong-mai-dien-tu-co-the-phai-nop-thue-thay-nguoi-kinh-doanh-a666539.html