E-commerce trading floor owners would have to declare and pay taxes on behalf of individuals selling goods and services via their floors (both in the country and abroad), according to a draft decree prepared by the MOF to revise Decrees 126 and 123 issued in 2020.
These above regulation would apply in case of selling goods or services via online ordering. In other cases, floor owners would declare and pay taxes on behalf of individual sellers on the basis of the authorization between floor owners and sellers under the civil law.
In addition, the draft also requires e-commerce trading floor owners to provide tax authorities with information on traders, organizations and individuals that carry out part or the whole of the goods and service selling process on e-commerce trading floors. For each seller, to-be-provided information includes: seller’s name, tax identification number or personal identification number or ID/passport number, address, phone number, and sales revenue, in case floor owners do not to declare and pay tax on behalf of sellers.
Information would be provided on a quarterly basis by electronic means if technical infrastructure conditions permit.- (VLLF)