05.27.22
Launch the tax portal for cross-border businesses
Vietnam’s General Department of Taxation (GDT) has launched a web portal for foreign suppliers involved in cross-border business activities in Vietnam. The web portal allows cross-border businesses to register, declare, and pay tax without submitting any physical paperwork to the Vietnamese tax authorities.
Through this new portal, foreign cross-border businesses will be able to pay their taxes directly instead of relying upon a third party. The Vietnamese government also seeks to address the shortfall in tax collection, particularly from foreign businesses on Vietnam-sourced income.
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