Skip to content
General

More global digital platforms pay taxes in Vietnam

By Sarah ChenVietnam
1 min read
Google App
Google App
In this article (5)

Seven four cross-border digital platforms, including Meta, Google, Netflix, and TikTok, have paid taxes of VND8.02 trillion (US$334.1 million) this year, more than double the amount last year.

The General Department of Taxation said as of June some 57 had paid taxes, and urged others who had yet to declare and pay taxes to do so.

Since March 2022, when the department’s electronic information portal for foreign service providers to pay taxes online easily was set up, a total of VND11.5 trillion has been paid.

Also, 375 e-commerce platforms have provided tax authorities with information about organizations and individuals that did business through them.

Questions & Answers

Q.

How much tax have cross-border digital platforms paid in total since the online portal was established?

A.

Since the online portal for foreign service providers was set up in March 2022, a total of VND11.5 trillion has been paid. This includes taxes from platforms like Meta, Google, Netflix, and TikTok.

Q.

How many cross-border digital platforms have paid taxes in Vietnam this year?

A.

This year, 74 cross-border digital platforms have paid taxes in Vietnam. As of June, the General Department of Taxation reported that 57 had made payments.

Q.

What is the total tax amount paid by global digital platforms this year, and how does it compare to last year?

A.

This year, global digital platforms have paid VND8.02 trillion (US$334.1 million) in taxes. This figure is more than double the amount paid in the previous year.

Q.

Have e-commerce platforms also cooperated with tax authorities?

A.

Yes, 375 e-commerce platforms have provided tax authorities with information about organisations and individuals conducting business through their services. This aids in tax collection efforts.

Reader pulse

Will this tax drive continue?

22,152 votes so far

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready