Implementing tax management policies through intermediaries like e-commerce platforms is a reasonable and necessary choice, aligning with international practices. However, some issues require thorough consideration, said Nguyen Ngoc Tinh, vice president of the HCMC Tax Advisory and Agent Association, and CEO of TPM Tax Advisory and Agent Joint Stock Company, in an interview with The Saigon Times. Why e-commerce platforms? The Saigon Times: The draft of the amended Law on Tax Management introduces a measure for tax management in e-commerce. This mandates that organizations managing online e-commerce platforms (both domestic and foreign) or other organizations will be responsible for declaring and paying taxes on behalf of individual businesses. What is your opinion on this revision? Is this approach aligned with international practices and the future development of e-commerce in Vietnam? Nguyen Ngoc Tinh: In Vietnam, e-commerce is rapidly growing and becoming an essential choice for businesses across all sectors that either use technology or can sell products online. The e-commerce supply chain includes: 1) manufacturers and distributors, 2) e-commerce platforms, 3) logistics services, 4) intermediary payment services such as e-wallets, cash collection services, and commercial banks, and 5) customers as end-users of goods and services. In principle, businesses and distributors […]
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