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What are regulations on advance pricing agreementin Vietnam?
According to the explanation provided in Clause 16, Article 3 of the2019 Law on xem bóng đá trực tiếp nhà cái Administrationas follows:
Interpretation of Terms
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16. An advance pricing agreement is a written agreement between the xem bóng đá trực tiếp nhà cái authority and the taxpayer, or between the xem bóng đá trực tiếp nhà cái authority, the taxpayer, and a foreign xem bóng đá trực tiếp nhà cái authority, in a jurisdiction with which Vietnam has signed an agreement to avoid double taxation and prevent xem bóng đá trực tiếp nhà cái evasion on income xem bóng đá trực tiếp nhà cái for a specified period, wherein the criteria for xem bóng đá trực tiếp nhà cái calculation and methods for determining taxable prices, or prices based on market value, are clearly specified. An advance pricing agreement is established before the taxpayer submits the xem bóng đá trực tiếp nhà cái declaration dossier.
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An advance pricing agreement is a written agreement between the xem bóng đá trực tiếp nhà cái authority and the taxpayer, or between the xem bóng đá trực tiếp nhà cái authority, the taxpayer, and a foreign xem bóng đá trực tiếp nhà cái authority, in a jurisdiction with which Vietnam has signed an agreement to avoid double taxation and prevent xem bóng đá trực tiếp nhà cái evasion on income xem bóng đá trực tiếp nhà cái for a specified period, wherein the criteria for xem bóng đá trực tiếp nhà cái calculation and methods for determining taxable prices, or prices based on market value, are clearly specified.
An advance pricing agreement is established before the taxpayer submits the xem bóng đá trực tiếp nhà cái declaration dossier.
What are regulations on advance pricing agreement in Vietnam?
What are rules for xem bóng đá trực tiếp nhà cái declaration for the advance pricing agreement in Vietnam?
Based on Clause 6, Article 42 of the2019 Law on xem bóng đá trực tiếp nhà cái Administration. To be specific:
Rules for xem bóng đá trực tiếp nhà cái declaration and Calculation
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6. The rules for xem bóng đá trực tiếp nhà cái declaration for the advance pricing agreement are stipulated as follows:
a) The application of the advance pricing agreement is executed at the request of the taxpayer and upon the agreement between the xem bóng đá trực tiếp nhà cái authority and the taxpayer, through unilateral, bilateral, and multilateral agreements among the xem bóng đá trực tiếp nhà cái authority, the taxpayer, and related foreign xem bóng đá trực tiếp nhà cái authorities;
b) The application of the advance pricing agreement must be based on the taxpayer's information and commercial databases with legal verification;
c) The application of the advance pricing agreement must be approved by the Minister of Finance before implementation; bilateral and multilateral agreements involving foreign xem bóng đá trực tiếp nhà cái authorities are executed according to international treaties and agreements.
The rules for xem bóng đá trực tiếp nhà cái declaration for the advance pricing agreement are as follows:
(1)The application of the advance pricing agreement is executed at the request of the taxpayer and upon the agreement between the xem bóng đá trực tiếp nhà cái authority and the taxpayer, through unilateral, bilateral, and multilateral agreements among the xem bóng đá trực tiếp nhà cái authority, the taxpayer, and related foreign xem bóng đá trực tiếp nhà cái authorities;
(2)The application of the advance pricing agreement must be based on the taxpayer's information and commercial databases with legal verification;
(3)The application of the advance pricing agreement must be approved by the Minister of Finance before implementation;
For bilateral and multilateral agreements involving foreign xem bóng đá trực tiếp nhà cái authorities, execution is according to international treaties and agreements.
What are the duties of the xem bóng đá trực tiếp nhà cái authority in Vietnam?
The duties of the xem bóng đá trực tiếp nhà cái authority are stipulated in Article 18 of the2019 Law on xem bóng đá trực tiếp nhà cái Administrationspecifically as follows:
(1)Organize the implementation of xem bóng đá trực tiếp nhà cái collection management and other revenues belonging to the state budget as prescribed by xem bóng đá trực tiếp nhà cái laws and other relevant legal regulations.
(2)Propagate, disseminate, and guide xem bóng đá trực tiếp nhà cái laws; publicize xem bóng đá trực tiếp nhà cái procedures at the headquarters, on electronic information sites of the xem bóng đá trực tiếp nhà cái authority, and through mass media.
(3)Explain and provide information related to the determination of xem bóng đá trực tiếp nhà cái obligations to taxpayers; the xem bóng đá trực tiếp nhà cái authority is responsible for publicizing the xem bóng đá trực tiếp nhà cái amounts payable by business households and individual businesses within the commune-level area.
(4)Keep taxpayers' information confidential, except for information provided to competent authorities or information disclosed publicly according to legal regulations.
(5)Implement xem bóng đá trực tiếp nhà cái exemption; xem bóng đá trực tiếp nhà cái reduction; write-off of xem bóng đá trực tiếp nhà cái debts, late payment interests, fines; exemption of late payment interests, fines; non-calculation of late payment interests; extension of xem bóng đá trực tiếp nhà cái payment deadlines; installment of xem bóng đá trực tiếp nhà cái debt payments; suspension of xem bóng đá trực tiếp nhà cái debt collection, and non-collection; handling of overpaid taxes, late payment interests, fines; xem bóng đá trực tiếp nhà cái refunds according to this Law and other relevant legal regulations.
(6)Confirm the fulfillment of taxpayers' xem bóng đá trực tiếp nhà cái obligations when requested according to legal regulations.
(7)Resolve complaints and denunciations relating to the implementation of xem bóng đá trực tiếp nhà cái law according to authority.
(8)Deliver minutes, conclusions, and xem bóng đá trực tiếp nhà cái handling decisions after xem bóng đá trực tiếp nhà cái inspection, xem bóng đá trực tiếp nhà cái audit to taxpayers and explain when requested.
(9)Compensate for damage to taxpayers in accordance with state compensation liability laws.
(10)Assess to determine the amount of xem bóng đá trực tiếp nhà cái payable by taxpayers upon request from competent state agencies.
(11)Develop and organize an electronic information system and apply information technology to conduct electronic transactions in the xem bóng đá trực tiếp nhà cái field.