Sunday , December 10 2023

Tax office obtains data about 53,200 vendors from e-commerce platforms

The General Department of Taxation has gathered information about 53,200 individuals and 14,875 organizations who sell products on e-commerce platforms like Shopee, Lazada and Sendo to tax them.

It collected the data from 268 e-commerce platforms, and the vendors had carried out transactions worth VND4.5 trillion ($190.8 million) by the end of last year, it said.

The value could be even higher and it is working to improve its data collection by using artificial intelligence, it added.

But it has yet to collect information from major Vietnamese e-commerce platform Tiki.

Starting in November last year e-commerce platforms are required to provide tax authorities with detailed information about their vendors.

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