According to the General Department of Taxation, the situation of individuals and organizations doing e-commerce business on social networking platforms using many ways to evade taxes such as not declaring, hiding revenue, etc. is becoming more and more complicated. Typically, sellers on social networks instruct customers when transferring payment not to write content related to goods, but to write "loan", "debt repayment", "gift", etc., making it very difficult for management agencies to control.

Tax authorities are actively coordinating with e-commerce trading floors and relevant state management agencies to clean up the large database of taxpayers doing e-commerce business.

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The General Department of Taxation will coordinate with ministries and branches to share and connect data to serve tax management for e-commerce activities. Photo: Minh Thu

In the coming time, the General Department of Taxation will apply AI to process big data and issue warnings in cases of tax risks.

Coordinate with commercial banks to collect information including: Cash flow data through accounts of domestic organizations and individuals with foreign online service providers (such as: Google, Facebook, Youtube, Netflix,...); personal information, content and transaction amount of personal accounts showing signs of e-commerce business activities.

Coordinate with ministries and branches to share and connect data to serve tax management for e-commerce activities according to the assigned tasks in Directive No. 18 of the Prime Minister on promoting connection and sharing of data to serve e-commerce development, prevent tax loss, and ensure monetary security.

In particular, the Ministry of Public Security reviews and unifies the national population database with the tax code database; the Ministry of Industry and Trade connects data on e-commerce trading floors; the Ministry of Information and Communications shares data on organizations and individuals operating in the fields of telecommunications, advertising, radio and television; the State Bank provides information on payment accounts and cash flow.