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How much tax do e-commerce platforms pay?

Báo Quốc TếBáo Quốc Tế04/11/2023

According to information from the General Department of Taxation, by the end of October 2023, 74 foreign suppliers had registered to declare and pay taxes through the General Department of Taxation's Electronic Information Portal for foreign suppliers.
Các sàn thương mại điện tử đóng thuế bao nhiêu? (Nguồn: vneconomy)
In the coming time, the General Department of Taxation said it will continue to effectively manage taxes for foreign suppliers - Illustrative photo. (Source: vneconomy)

The total tax declared and paid by foreign suppliers is 11,498 billion VND, of which 3,478 billion VND in 2022 and 8,020 billion VND in 2023. Some of the largest tax-paying suppliers are Meta (Facebook), Google, Apple, Microsoft...

Also according to the General Department of Taxation, as of October 18, 2023, 375 e-commerce trading floors have provided information.

In the coming time, the General Department of Taxation said it will continue to effectively organize tax management for foreign suppliers, review and urge foreign suppliers who have not yet registered for tax, declared tax, and paid tax on the General Department of Taxation's electronic information portal. Coordinate with relevant units to review and complete the contents of upgrading the electronic information portal for foreign suppliers to ensure convenience in the implementation process.

Also according to the report of the General Department of Taxation, regarding budget revenue, the total state budget revenue in October 2023 managed by the Tax authority is estimated at 151,000 billion VND. Accumulated in 10 months, the total state budget revenue managed by the Tax authority is estimated at more than 1.2 million billion VND, equal to 87.5% of the ordinance estimate, equal to 93.1% over the same period. Of which, revenue from crude oil is estimated at 51,366 billion VND; domestic revenue is estimated at 1.15 million billion VND.

Regarding support for people and businesses, in the first 10 months of the year, the total amount of tax and land rent that was extended, exempted, or reduced was about 158,145 billion VND. Of which, the amount of tax and land rent that was extended was about 106,476 billion VND; the amount of tax and land rent that was exempted or reduced was about 51,669 billion VND.



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