Vietnam: Adopted Law on Tax Administration containing digital tax measures
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Description
Adopted Law on Tax Administration containing digital tax measures
The Law on Tax Administration was adopted by the Vietnamese Government. The law delegates the Minister of Finance and the State Bank of Vietnam to establish a mechanism for supervision of cross-border payments in e-commerce, digital trade, and other services with organizations and individuals in Vietnam.
Original sourceScope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
Hide details
2020-10-19
adopted
2021-09-29
in grace period
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
cross-cutting
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
all goods (physical or digital): sale
Regulatory tool
Subordination under sales, use or value-added tax
Registration requirement
Sanctions
Determined by existing law or regulation
Regulated subjects
1