Monday , August 8 2022

HCMC collects $7 mln taxes, fines from people with Google incomes

HCMC has collected taxes and fines worth a total of VND169 billion ($7.26 million) from 38 individuals who earned incomes through Google in the first half of the year.

They failed to file their tax returns in time, deputy head of the city tax department, Thai Minh Giao, said.

One of them had to pay VND31 billion in taxes and fines, he said.

Three companies were also defaulters and were ordered to pay VND327 million in taxes and fines, he said.

Tax authorities have also found that many Vietnamese organizations and individuals who provided online services to foreign organizations did not submit their tax, he added.

Vietnamese tax authorities have been intensifying efforts to collect taxes on income from online transactions following the recent boom in e-commerce and Internet use.

Cross-borders platforms like Facebook and Google paid VND5.1 trillion ($220 million) in taxes for the period between 2018 and 2021, Minister of Finance Ho Duc Phoc said last month.

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