Vietnam moving to tax cross-border service providers

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December 1, 2017

HO CHI MINH CITY – Vietnam has released ois first draft submission for the amendment of tax laws which may significantly impact the operation of cross-border IT service providers who have users in Vietnam, according to the global law firm Baker McKenzie.

It a research report, BM says Vietnam’s Ministry of Finance has stated that e-commerce activities and transactions are growing rapidly in Vietnam, but the current tax administration regime is unable to manage this type of business adequately and accurately for the following reasons: