Because it takes taxpayers too much time to fulfill administrative procedures, some people say they would prefer to lose money than spend time on the procedures to get their refunds.

The General Department of Taxation has mandated a nationwide review of all livestream sellers on platforms such as YouTube, Facebook, and TikTok, as part of an intensified effort to regulate e-commerce and prevent tax evasion.

The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.

In an effort to curb consumption, the Ministry of Finance has suggested a steep increase in taxes on cigarettes and alcohol, detailed in the draft amendment to the Special Consumption Tax Law currently under review.

The Ministry of Finance (MOF) has proposed imposing a higher luxury tax on tobacco, with flat-rate duties to be fixed and raised year after year, from 2026 to 2030. Tobacco prices are predicted to increase proportionally in the next two years.

PM Pham Minh Chinh has requested the Ministry of Finance to urgently study the impact, and to complete and propose to the Government a decree on registration fee collection rates for domestically-produced and assembled cars within this month.

The view that it is necessary to tax gold purchases so that people 'love' gold less, according to experts, needs to be done in a calculated way, not to tax arbitrarily, to avoid a tax on tax.

Although the Ministry of Finance (MOF) has proposed cutting the vehicle registration tax by 50 percent, it is worried about the implementation of international commitments.

The Ministry of Industry and Trade (MoIT) revealed that there were 764 violations in e-commerce with a total fine of VND12 billion (US$ 471,601) in 2023.

Vietnamese authorities will crack down on tax evasion by implementing strict measures to ensure that individuals and businesses fulfill their tax payment obligations.

Minister of Finance Ho Duc Phoc said that the ministry is currently conducting a review and assessment of tax laws, including the Personal Income Tax Law.

Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly 84 trillion VND (3.3 billion USD).

The ministry hopes the move could ease some business challenges and provide more support for business operations.

The Government has proposed extending the 8% value-added tax (VAT) on certain goods and services until the end of 2024.

Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyen Hoang Hai said that paying additional tax will erode Vietnamese beverage makers’ competitive advantages.

Under the current PIT law, wageworkers have to pay PIT if they have monthly income of VND11 million or more. But freelancers with incomes of tens of millions of dong do not pay this tax because their incomes are not identified by taxation agencies.

These business owners are owing hundreds of billions of Vietnamese Dong in taxes, the Tax Department of Binh Phuoc Province said.

Vietnam has one of the highest smoking rates in the world, with 38.9% of males over the age of 15 being smokers.

The booming development along with many new forms of e-commerce in recent years has posed new challenges for tax management authorities.

Tax authorities in Vietnam are considering stringent measures against vendors on e-commerce platforms who have not fulfilled their tax obligations, including the possibility of prohibiting them from leaving the country.