Draft Circular on tax administration Specific guidance on cross-border e-commerce and digital business
04 March, 2021
The draft Circular provides detailed guidance on the Law on Tax Administration on various matters. However, this Newsbrief will only focus on the tax filing mechanism for foreign suppliers doing e-commerce and digital business in Vietnam.
By giving only a short timeline for public consultation, the Ministry of Finance (“MoF”) indicates its intention to promptly finalise this Circular. Therefore, we recommend businesses who are affected by the new guidance to study and assess the potential impact thereof and prepare for the compliance process.
