How long is trực tiếp bóng đá hôm nay CIT period of trực tiếp bóng đá hôm nay first year in Vietnam?
Do foreign enterprises with a Vietnam-based permanent establishment determine trực tiếp bóng đá hôm nay corporate income tax period according to trực tiếp bóng đá hôm nay calendar year?
Based on Clause 2, Article 3 ofCircular 78/2014/TT-BTC, regulations on tax calculation methods are as follows:
Tax Calculation Methods
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2. trực tiếp bóng đá hôm nay tax period is determined according to trực tiếp bóng đá hôm nay calendar year. In cases where enterprises apply a financial year different from trực tiếp bóng đá hôm nay calendar year, trực tiếp bóng đá hôm nay tax period shall be determined according to trực tiếp bóng đá hôm nay applied financial year. trực tiếp bóng đá hôm nay first tax period for newly established enterprises and trực tiếp bóng đá hôm nay final tax period for enterprises changing their type of enterprise, changing their form of ownership, merging, splitting, dissolving, or going bankrupt shall be determined in accordance with trực tiếp bóng đá hôm nay accounting period as prescribed by accounting laws.
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Simultaneously, based on Article 5 of trực tiếp bóng đá hôm nayEnterprise Income Tax Law 2008regarding tax periods:
Tax Period
1. trực tiếp bóng đá hôm nay corporate income tax period is determined according to trực tiếp bóng đá hôm nay calendar year or financial year, except in cases as stipulated in Clause 2 of this Article.
2. trực tiếp bóng đá hôm nay corporate income tax period for each arising income occasion applies to foreign enterprises specified at Points c and d, Clause 2, Article 2 of this Law.
Furthermore, based on Clause 2, Article 2 of trực tiếp bóng đá hôm nayEnterprise Income Tax Law 2008provisions:
Taxpayers
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2. Enterprises with taxable income stipulated in Article 3 of this Law must pay corporate income tax as follows:
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b) Foreign enterprises with a Vietnam-based permanent establishment must pay tax on taxable income arising in Vietnam and taxable income arising outside Vietnam related to trực tiếp bóng đá hôm nay activities of such permanent establishment;
c) Foreign enterprises with a Vietnam-based permanent establishment must pay tax on taxable income arising in Vietnam that is not related to trực tiếp bóng đá hôm nay activities of trực tiếp bóng đá hôm nay permanent establishment;
d) Foreign enterprises without a Vietnam-based permanent establishment must pay tax on taxable income arising in Vietnam.
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In light of trực tiếp bóng đá hôm nay above regulations, trực tiếp bóng đá hôm nay corporate income tax period is commonly determined according to trực tiếp bóng đá hôm nay calendar year.
However, in cases where enterprises apply a financial year different from trực tiếp bóng đá hôm nay calendar year, trực tiếp bóng đá hôm nay tax period shall be determined according to trực tiếp bóng đá hôm nay applied financial year.
Additionally, trực tiếp bóng đá hôm nay corporate income tax period is also applied for each arising income occasion for trực tiếp bóng đá hôm nay following enterprises:
- Foreign enterprises with a Vietnam-based permanent establishment must pay tax on taxable income arising in Vietnam that is not related to trực tiếp bóng đá hôm nay activities of trực tiếp bóng đá hôm nay permanent establishment;
- Foreign enterprises without a Vietnam-based permanent establishment must pay tax on taxable income arising in Vietnam.
Therefore,foreign enterprises with a Vietnam-based permanent establishment will not determine trực tiếp bóng đá hôm nay corporate income tax period according to trực tiếp bóng đá hôm nay calendar year but will determine it according to each arising income occasion for such enterprises.
Vietnam: How long is trực tiếp bóng đá hôm nay CIT period of trực tiếp bóng đá hôm nay first year?(Image from Internet)
Vietnam: How long is trực tiếp bóng đá hôm nay CIT period of trực tiếp bóng đá hôm nay first year?
Based on Clause 3, Article 3 ofCircular 78/2014/TT-BTCit is stipulated as follows:
Tax Calculation Methods
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3. In cases where trực tiếp bóng đá hôm nay tax period for trực tiếp bóng đá hôm nay first year of newly established enterprises since being granted trực tiếp bóng đá hôm nay Enterprise Registration Certificate or Investment Certificate and trực tiếp bóng đá hôm nay final tax period for enterprises changing their type of enterprise, changing their form of ownership, merging, splitting, dissolving, or going bankrupt is shorter than 3 months, it shall be added to trực tiếp bóng đá hôm nay next tax period (for newly established enterprises) or trực tiếp bóng đá hôm nay previous tax period (for enterprises changing their type of enterprise, changing their form of ownership, merging, splitting, dissolving, or going bankrupt) to form a corporate income tax period. trực tiếp bóng đá hôm nay corporate income tax period for trực tiếp bóng đá hôm nay first year or trực tiếp bóng đá hôm nay final corporate income tax period shall not exceed 15 months.
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Therefore,it means that trực tiếp bóng đá hôm nay corporate income tax period for trực tiếp bóng đá hôm nay first year is at most 15 months.
Is income outside trực tiếp bóng đá hôm nay territory of Vietnam anassessable income?
Taxable income for corporate income tax is stipulated in Article 7 of trực tiếp bóng đá hôm nayEnterprise Income Tax Law 2008as follows:
Determining Taxable Income
1. Taxable income in trực tiếp bóng đá hôm nay tax period is determined by taxable income minus tax-exempt income and losses carried forward from previous years.
2. Taxable income is revenue minus deductible expenses of production, business, and other income, including income received outside Vietnam.
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Therefore,if enterprises have income outside trực tiếp bóng đá hôm nay territory of Vietnam, it must still be included as taxable income for tax period determination.
