Circular No. 100/2021/TT-BTC on amendment to some articles of Circular No. 40/2021/TT-BTC on guiding on VAT, PIT and tax management for business and individuals households

Amending and supplementing Circular No. 40/2021/TT-BTC on value-added tax (VAT), personal income tax (PIT), and tax administration for business households and individual businesses.

1. Additional subjects not governed by Circular 40/2021/TT-BTC

• Individuals who authorize e-commerce platforms to declare and pay taxes on their behalf are not required to declare and pay taxes themselves.

• Clarifies that individuals leasing out property via digital platforms (e.g., Airbnb, Grab, Shopee) are subject to separate provisions and may declare tax via intermediaries.

2. Additional responsibilities for e-commerce platforms

• E-commerce platforms must periodically provide information on individual sellers to tax authorities.

• If an e-commerce platform has ordering and payment functionality, it is required to withhold, declare, and pay taxes on behalf of individual sellers.

3. Clarifies tax declaration for individuals leasing property

• Individuals leasing property (e.g., houses, vehicles) may choose to declare and pay tax annually or per transaction, depending on total revenue and payment method.

• Allows individuals to authorize the leasing intermediary to declare and pay tax on their behalf.

4. Adjustments on authorization, presumptive tax, and revenue determination

• Clarifies how to calculate “taxable revenue” for new business models, especially those operating via digital platforms.

• Updates the method for determining the VND 100 million/year revenue threshold for tax liability.