We are currently experiencing an issue in accounting for the income obtained from the App Store. As stipulated in the Paid Agreement, the App Store is responsible for collecting and remitting VAT tax to the relevant tax authorities in Vietnam. We seek your assistance in addressing the following concerns:
Do we still need to remit VAT tax for the income deposited into our bank account?
If VAT tax remittance is not required for the income deposited into our bank account, how can we provide documentation to support this in our accounting records?