Is selling mixed rice paper online subject to personal income xem bóng đá trực tiếp vtv2 in Vietnam?

Is selling mixed rice paper online subject to personal income xem bóng đá trực tiếp vtv2 in Vietnam?

Pursuant to the provisions of Clause 1, Article 2 ofCircular 40/2021/TT-BTCregarding the applicable subjects:

1. Business households and individuals are resident individuals who engage in the production and trading of goods and services in all fields and professions as prescribed by law, including the following cases:

a) Practicing independently in fields and professions that require a permit or practicing certificate as prescribed by law;

b) Acting as agents selling goods at set prices for lottery agents, insurance agents, and direct sales agents who have signed contracts directly with lottery companies, insurers, or direct sales companies;

c) Cooperating in business with organizations;

d) Engaging in agricultural, forestry, salt production, aquaculture, and fishing activities that do not meet the conditions for xem bóng đá trực tiếp vtv2 exemption as prescribed by xem bóng đá trực tiếp vtv2 laws on VAT and personal income xem bóng đá trực tiếp vtv2;

dd) Conducting e-commerce activities, including cases where individuals earn income from digital content products and services according to e-commerce laws.

Selling mixed rice paper online on e-commerce platforms falls under the xem bóng đá trực tiếp vtv2 obligations.

Also, according to the provisions of Clause 3, Article 4 ofCircular 40/2021/TT-BTCwhich stipulates the principles of xem bóng đá trực tiếp vtv2 calculation for business households and individuals:

1. The principles for xem bóng đá trực tiếp vtv2 calculation for business households and individuals are implemented according to the current legal regulations on VAT, personal income xem bóng đá trực tiếp vtv2, and relevant legal documents.

2. A business household or individual with an annual revenue from production and business activities of up to 100 million VND is not required to pay VAT and personal income xem bóng đá trực tiếp vtv2 as per the laws on VAT and personal income xem bóng đá trực tiếp vtv2. Business households and individuals must accurately, honestly, and fully declare taxes and submit xem bóng đá trực tiếp vtv2 reports on time; they are liable for the accuracy, honesty, and completeness of the xem bóng đá trực tiếp vtv2 reports as defined.

3. For business households and individuals operating as a group of individuals or households, the required revenue of 100 million VND/year for determining non-taxable individuals is calculated for a single representative of the group of individuals or households in the xem bóng đá trực tiếp vtv2 year.

Thus,according to the above provisions, if selling mixed rice paper online on e-commerce platforms as a group of individuals(multiple individuals in business together)results in yearly revenue of up to 100 million VND, it is not required to pay personal income xem bóng đá trực tiếp vtv2 and VAT.

Conversely, if the yearly revenue exceeds 100 million VND, personal income xem bóng đá trực tiếp vtv2 and VAT must be paid according to the regulations.

*Note:Although it may not reach the threshold for personal income xem bóng đá trực tiếp vtv2 liability, individuals and households selling mixed rice paper online on e-commerce platforms must accurately, honestly, and fully declare taxes and submit xem bóng đá trực tiếp vtv2 reports on time; they are liable for the accuracy, honesty, and completeness of the xem bóng đá trực tiếp vtv2 report as prescribed in Article 2 ofCircular 40/2021/TT-BTC.

Can a group of individuals selling mixed rice paper online in Vietnamauthorize another to file taxes on their behalf?

Based on the provisions of points dd and e in Clause 1, Article 8 ofCircular 40/2021/TT-BTC(amended by Clause 2, Article 1 ofCircular 100/2021/TT-BTC) regarding the method of xem bóng đá trực tiếp vtv2 calculation for organizations and individuals filing taxes on behalf of others:

Method of xem bóng đá trực tiếp vtv2 calculation for organizations and individuals filing taxes on behalf of others

1. Organizations and individuals file taxes and pay taxes on behalf of others in the following cases:

...

dd) Organizations, including the owners of e-commerce platforms, file taxes and pay taxes on behalf of individuals based on authorization according to civil law regulations;

e) Individuals file taxes and pay taxes on behalf of other individuals who are taxpayers based on authorization according to civil law regulations.

...

Organizations, including the owners of e-commerce platforms, file taxes and pay taxes on behalf of individuals based on authorization according to civil law regulations;

Individuals file taxes and pay taxes on behalf of other individuals who are taxpayers based on authorization according to civil law regulations.

Is selling mixed rice paper online subject to personal income xem bóng đá trực tiếp vtv2 in Vietnam?(Image from the Internet)

How to declare personal income xem bóng đá trực tiếp vtv2 for a group selling mixed rice paper online?

Based on the provisions of Article 8 ofDecree 126/2020/ND-CPwhich stipulates the types of taxes declared monthly, quarterly, annually, per each xem bóng đá trực tiếp vtv2 obligation occurrence, and xem bóng đá trực tiếp vtv2 finalization declarations.

Personal income xem bóng đá trực tiếp vtv2 declarations can be made monthly, quarterly, annually, or per occurrence. Specifically:

(1) Monthly personal income xem bóng đá trực tiếp vtv2 declaration.

(2) Quarterly personal income xem bóng đá trực tiếp vtv2 declarationif meeting the criteria for quarterly xem bóng đá trực tiếp vtv2 declaration as stipulated in Article 9 ofDecree 126/2020/ND-CPor in the following cases:

- Organizations and individuals paying income subject to xem bóng đá trực tiếp vtv2 withholding according to personal income xem bóng đá trực tiếp vtv2 laws, and those organizations and individuals choose to declare VAT quarterly and opt for quarterly personal income xem bóng đá trực tiếp vtv2 declaration.

- Individuals with income from salaries and wages directly declare taxes to xem bóng đá trực tiếp vtv2 authorities and opt for quarterly personal income xem bóng đá trực tiếp vtv2 declaration.

(3) Annual personal income xem bóng đá trực tiếp vtv2 declarationapplicable to:

Individuals acting as lottery agents, insurance agents, and direct sales agents who have not had xem bóng đá trực tiếp vtv2 withheld during the year because the threshold was not met but determine their xem bóng đá trực tiếp vtv2 liability at the end of the year.

(4) Personal income xem bóng đá trực tiếp vtv2 declaration per occurrenceapplicable to:

Individuals directly declaring taxes or organizations, individuals declaring and paying taxes on behalf of individuals for the following incomes:

- Income from real estate transfers.

- Income from capital transfers.

- Income from capital investment.

- Income from royalties, franchises, winnings from abroad.

- Income from inheritances and gifts.

Thus, you can completelydeclare personal income xem bóng đá trực tiếp vtv2 quarterlyif you meet the criteria for quarterly xem bóng đá trực tiếp vtv2 declaration as stipulated in Article 9 ofDecree 126/2020/ND-CPor in the following cases:

- Organizations and individuals paying income subject to xem bóng đá trực tiếp vtv2 withholding according to personal income xem bóng đá trực tiếp vtv2 laws, and those organizations and individuals choose to declare VAT quarterly and opt for quarterly personal income xem bóng đá trực tiếp vtv2 declaration.

- Individuals with income from salaries and wages directly declare taxes to xem bóng đá trực tiếp vtv2 authorities and opt for quarterly personal income xem bóng đá trực tiếp vtv2 declaration.