2025

The Ministry of Finance is developing and collecting comments on the Draft Decree regulating tax management for business activities on e-commerce platforms and digital platforms of business households and individuals (as of February 28, 2025). The Draft Decree specifies the responsibility of organizations managing e-commerce trading floors, digital platforms with payment functions, and organizations with other digital economic activities to deduct and pay taxes on behalf of business households and individuals.

Several contents of the Draft Decree guidelines on tax deduction and payment obligations of organizations managing e-commerce trading floors and digital platforms are presented by Dang Huyen Thu.

On November 26, 2024, the National Assembly enacted the Law on Value-Added Tax 2024 (Law on VAT 2024), replacing the Law on Value-Added Tax 2008 and its amendments and supplements. The Law on Value-Added Tax 2024 is developed and promulgated with the aim of refining value-added tax policies to enhance and broaden revenue sources, stabilize the state budget revenues, address the recent issues in implementing the Law on Value-Added Tax, as well as reform administrative procedures to facilitate and protect the rights of taxpayers. The Law on Value-Added Tax 2024 will take effect from July 1, 2025.

Notable contents of Law on Valued-Added Tax 2024 are presented by Tu Thi Phuong Uyen.