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Friday, October 22, 2021

Hanoian girl pays over VND23 billion in income taxes on app development

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HCMC – A 28-year-old girl from Hanoi last year paid VND23.4 billion (over US$1 million) in income taxes from her app development job, according to the Hanoi Tax Department.

Mai Son, head of the department, said that the resident of Hanoi’s Cau Giay District earned VND330 billion last year from writing software published on the Google Play and App Store.

In the same year, another young Hanoian had paid over VND18 billion in taxes on her app development income worth VND260 billion.

Aside from these two cases, the municipal Tax Department collected more than VND7 billion worth of income taxes from an individual who was running online businesses on the YouTube and Google platforms.

Overall, the city’s taxman in 2020 collected VND123 billion in income taxes from ecommerce activities on popular online platforms including Google, Facebook and YouTube, up fivefold compared to the 2019 figure. Most of the ecommerce taxpayers were individuals, Son said.

This year, the Tax Department will continue to review, analyze inspection data and examine a number of organizations and individuals that run ecommerce businesses in the capital city. The department, in coordination with commercial banks and trading platforms will collect data and instruct ecommerce operators to fulfil their tax obligations.

The department will also inspect and tackle those who make slow tax payments or intentionally fail to register, declare and pay taxes on their ecommerce businesses.

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