Vietnam's General Department of Taxation has issued a release announcing that Dutch-based Uber International Holding BV must pay taxes as a foreign establishment on its revenue from Vietnam. The car service app company will be taxed using the direct method at rates of 3% for value added tax (VAT) and 2% for corporate income tax on revenue. At the same time, Uber drivers will be taxed at rates of 3% for VAT and 1.5% for individual income tax. The organization that is authorized to declare and pay tax for Uber will also represent the drivers for declaration and payment.
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