Online hotel booking sites must pay taxesThe Ministry of Finance has confirmed the tax obligation of overseas-based online hotel booking service providers with Vietnam-sourced income. Mai’s confirmation came in response to VIR’s enquiry over a petition accusing overseas online hotel booking service providers of committing tax fraud on Vietnam-sourced income. Vietnamese online hotel booking service provider Vntrip.vn, for instance, recently sent a petition to the Government Office, claiming that overseas-based firm Agoda is showing “signals of tax fraud in Vietnam”. Following Vntrip.vn’s petition, on January 18, 2017, the Ministry of Finance issued Document 848 detailing the country’s tax policies and tax management regarding overseas online hotel booking service providers with Vietnam-sourced income. It requires tax agencies to review online hotel booking services and take a closer watch [for firms’ tax obligations],” Mai told VIR.

Source: VietNamNet News February 14, 2017 02:03 UTC