Is income from livestream selling subject to personal income vtv5 trực tiếp bóng đá hôm nay in Vietnam?
Is income from livestream selling subject to personal income vtv5 trực tiếp bóng đá hôm nay in Vietnam?
Based on Article 2 of theLaw on Personal Income vtv5 trực tiếp bóng đá hôm nay 2007defining taxable entities as follows:
Taxable entities
Taxable personal income taxpayers are resident individuals with taxable income as stipulated in Article 3 of this Law arising both within and outside the territory of Vietnam and non-resident individuals with taxable income set forth in Article 3 of this Law arising within the territory of Vietnam.
A resident individual is someone who meets one of the following criteria:
a) Present in Vietnam for 183 days or more in a calendar year or within 12 consecutive months from the first day of presence in Vietnam;
b) Holds a regular residence in Vietnam, including a registered permanent residence or a rented house for residence in Vietnam under a lease agreement.
- A non-resident individual is someone who does not satisfy the conditions specified in paragraph 2 of this Article.
Moreover, based on points c, d, paragraph 2 of Article 2 ofCircular 111/2013/TT-BTC, it specifically stipulates taxable income as follows:
Taxable income categories
As per the provisions of Article 3 of the Law on Personal Income vtv5 trực tiếp bóng đá hôm nay and Article 3 of Decree No. 65/2013/ND-CP, taxable personal income includes:
...
- Income from wages, salaries
Income from wages, salaries are earnings that an employee receives from an employer, including:
...
c) Remuneration received in forms such as:commissions from selling goods as an agent, brokerage commissions; fees for participating in scientific and technical research projects; project involvement; royalties as regulated by the law on royalties; fees for participating in teaching activities; performance in cultural, artistic, sports activities; advertising services; other services and remuneration.
d) The money received from involvement in business associations, board of directors of enterprises, supervisory board of enterprises, project management boards, management boards, associations, professional associations, and other organizations.
...
Livestream selling is one form of product advertising and selling. The person livestreaming will receive an amount (commission, advertising service fees, etc.) paid by the owner or trader of the goods.
Thus, according to the above regulations, income from livestream selling is still categorized as income from wages or salaries.Therefore, individuals livestreaming sales are required to pay personal income vtv5 trực tiếp bóng đá hôm nay if their income is taxable.
Is income from livestream selling subject to personal income vtv5 trực tiếp bóng đá hôm nay in Vietnam? (Image from Internet)
What are regulations onthe personal income vtv5 trực tiếp bóng đá hôm nay period in Vietnam?
According to Article 7 of theLaw on Personal Income vtv5 trực tiếp bóng đá hôm nay 2007, as amended by paragraph 3 of Article 1 of theLaw on Amendments to Law on Personal Income vtv5 trực tiếp bóng đá hôm nay 2012, the personal income vtv5 trực tiếp bóng đá hôm nay period is regulated as follows:
- The vtv5 trực tiếp bóng đá hôm nay period for resident individuals is regulated as follows:
+ The annual vtv5 trực tiếp bóng đá hôm nay period applies to income from business; income from wages, salaries;
+ The vtv5 trực tiếp bóng đá hôm nay period by each income occurrence applies to income from capital investment; income from capital transfer, excluding income from securities transfer; income from real estate transfer; income from winning; copyright income; franchise income; inheritance income; gift income;
+ The vtv5 trực tiếp bóng đá hôm nay period by each securities transfer or annually for income from securities transfer.
- The vtv5 trực tiếp bóng đá hôm nay period for non-resident individuals is calculated per income occurrence applicable to all taxable income.
When shall individuals receive a personal income vtv5 trực tiếp bóng đá hôm nay refund in Vietnam?
Pursuant to paragraph 2 of Article 8 of theLaw on Personal Income vtv5 trực tiếp bóng đá hôm nay 2007regulating vtv5 trực tiếp bóng đá hôm nay refunds as follows:
vtv5 trực tiếp bóng đá hôm nay management and vtv5 trực tiếp bóng đá hôm nay refund
The procedure of taxpayer registration, vtv5 trực tiếp bóng đá hôm nay declaration, deduction, payment, finalization, refund, handling of vtv5 trực tiếp bóng đá hôm nay law violations, and other vtv5 trực tiếp bóng đá hôm nay management measures shall comply with the provisions of vtv5 trực tiếp bóng đá hôm nay management law.
Individuals are eligible for vtv5 trực tiếp bóng đá hôm nay refunds in the following cases:
a) The paid vtv5 trực tiếp bóng đá hôm nay amount is larger than the vtv5 trực tiếp bóng đá hôm nay payable;
b) Individuals who have paid vtv5 trực tiếp bóng đá hôm nay but whose taxable income does not reach the level subject to vtv5 trực tiếp bóng đá hôm nay;
c) Other cases as decided by the competent state authority.
From the above regulation, it can be seen that individuals are eligible for a personal income vtv5 trực tiếp bóng đá hôm nay refund when they meet the following scenarios:
- The paid vtv5 trực tiếp bóng đá hôm nay amount is larger than the vtv5 trực tiếp bóng đá hôm nay payable;
- Individuals who have paid vtv5 trực tiếp bóng đá hôm nay but whose taxable income does not reach the level subject to vtv5 trực tiếp bóng đá hôm nay;
- Other cases as decided by the competent state authority.
Additionally, note that personal income vtv5 trực tiếp bóng đá hôm nay refunds only apply to individuals who have registered and possess a vtv5 trực tiếp bóng đá hôm nay identification number at the time of submitting the vtv5 trực tiếp bóng đá hôm nay finalization dossier (paragraph 1, Article 28 ofCircular 111/2013/TT-BTC).
