WILL GRAB TAXI AND HUBER IN VIETNAM MEET A TAX PROBLEM IN A VERY NEAR FUTURE?

 

 

Who does not know Grab Taxi or Huber in Vietnam? Everybody is using them. Quick, cheap and convenient, they become today one of the best ways to move in HCMC. But recently, the General Department of Taxation send a request to HCMC Department of Taxation to collect data to inspect their tax payment…Indeed, traditional taxi firms, claim being subjecting to a variety of taxes while Uber and Grab were only subjected to a tax of 4 to 5% on their revenue. Based on VnExpress reports,  the 30 000 taxis in Ha Noi and HCMC traditional taxi firms paid around VND 2 trillion ($91.7 million) annually taxes while Uber and Grab only paid VND 20 billion…

Nguyen Thi Hanh, director of the department of personal income tax management, said that it is necessary to introduce a proper fiscal policy for foreign enterprises doing business in Viet Nam without legal entity and accounting books to fulfill tax obligations.

The Director of Grab Viet Nam, as an answer that Grab is a technology company and does not own any means of transport. Instead, they co-operate with transportation service providers to exploit their registered idle cars.

The ministry of transport should work soon in collaboration with the Ministry of Finance to establish tax management options more equal in tax collection concerning traditional Taxis and Uber and Grab taxis.

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