On November 15, 2021, the Ministry of Finance of Vietnam issued Circular 100/2021/TT-BTC amending to Circular 40/2021/TT-BTC on guidelines for value-added tax personal income tax and tax administration of household businesses and individual businesses
Accordingly, the provisions of Point dd Clause 1 Article 8 of Circular 40/2021/TT-BTC are amended as follows:
Organizations, including the owner of an e-commerce platform, shall declare and pay tax on behalf of other individuals on the basis of authorization in accordance with the provisions of civil law.
Currently, Point dd, Clause 1, Article 8 of Circular 40/2021/TT-BTC stipulates:
Organizations that are owners of an e-commerce platform shall ddeclare and pay tax on behalf of other individuals according to the schedule of the tax authority. During the time when it is not possible to declare tax on behalf of other individuals, Organizations that are owners of an e-commerce platform must provide information related to the individual's business activities through the platform at the request of the tax authorities in accordance with the law...
Thus, according to the new regulations, the e-commerce platform will not have to declare tax on behalf of other individuals or pay tax on behalf of other individuals if the seller does not authorize it.
Circular 100/2021/TT-BTC takes effect from January 1, 2022.
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