Vietnam: Adopted revisions to Tax Management Law concerning e-commerce platforms

On 29 November 2024, the National Assembly adopted revisions to the Tax Management Law that require e-commerce platforms to provide information and cooperate with tax authorities to ensure taxes are paid in accordance with regulations. The revisions establish that domestic and foreign e-commerce platforms shall be in charge of handling the tax obligations of individuals and businesses that sell goods and services through their platforms. The law goes into effect on 1 April 2024.