The Ministry of Finance and the General Department of Taxation are in the process of finalizing draft guidance regarding tax obligations of taxpayers with e-commerce and digital business operations and transactions.
The proposed approach is to administer the rules through certain entities—including Vietnamese partners of overseas digital platform providers not having a permanent establishment in Vietnam and other withholding agents.
The draft circular would stipulate the obligations of the relevant entities in coordinating and providing information of persons engaged in e-commerce business (involving for instance commercial banks as well as the Ministry of Trade and Industry and the Ministry of Information and Communication).
Source KPMG
Latest Posts in "Vietnam"
- Decree 310: Tiered Penalties for Incorrect or Missing Invoices Based on Violation Scope
- Vietnam Confirms VAT Exemption, Proposes 0.1% Transfer Tax on Cryptoassets in New Draft Rules
- Key Changes to Vietnam VAT Law 2026: Higher Exemption Thresholds, New Deductions, Refund Rules
- Vietnam Amends VAT Law: Higher Exemption Threshold, Easier Refunds, and Support for Agriculture
- Vietnam’s 2026 Tax Reforms: Key Changes to VAT, PIT, and Tax Administration Laws
