Tax legislation for e-commerce business: Facts and solutions

Abstract:

Along with the development of the digital economy, doing business on e-commerce activities has become more and more popular, posing new challenges in state management, including tax administration. The amount of tax paid to the state budget from the field of e-commerce business is not commensurate with the development potential, causing loss of state budget revenue. To manage e-commerce business activities, the National Assembly and the Government have issued many legal documents. Tax authorities at all levels soon took the initiative to step in and coordinate with relevant sectors to combat tax loss in this business with many unified and synchronous solutions.