April 19, 2025 | 08:00

Foreign social networking service providers pay over $109 mln taxes in three months

Phạm Long

The Tax Department reported that in the first quarter of 2025, tax revenue from e-commerce activities reached $1.3 billion.

Foreign social networking service providers pay over $109 mln taxes in three months
Illustrative Photo

Since the beginning of the year, 148 foreign social networking service providers, including Google, Meta, Microsoft, TikTok, etc., have registered, declared, and paid taxes via E-Portals, with a cumulative amount paid totalling VND2.832 trillion ($109.3 million).

Regarding tax management of e-commerce business, the Tax Department reported that in the first quarter of 2025, tax revenue from e-commerce business reached VND34.5 trillion ($1.3 billion), an increase of 19% compared to the same period last year.

Currently, 66,000 business households and individuals have registered for tax, declared, and paid taxes via the E-commerce Portal for business households, contributing nearly VND548 billion ($21.1 million) to the State budget.

 

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate