Tax Alert - Strengthening the tax administration on e-commerce taxation for domestic and overseas suppliers
On 14 November 2022, the General Department of Taxation (“GDT”) issued Official Letter No. 4205/TCT-DNNCN guiding owners of e-commerce trading platforms to provide information as prescribed under Decree 91/2022/ND-CP dated 30 October 2022. Failure to the reporting obligations may lead to administrative penalty ranging from VND2million to VND16million as regulated under Decree 125/2020/ND-CP.
Explore further to learn more about how KPMG can help: