What are regulations on basis for xem bóng đá trực tiếp trên youtube calculation for individuals and household businesses in Vietnam?
What are regulations onbasis for xem bóng đá trực tiếp trên youtube calculation for individuals and household businesses in Vietnam?
According to Article 10 ofCircular 40/2021/TT-BTC, the basis for xem bóng đá trực tiếp trên youtube calculation for household businesses (HKD) and individual businesses (CNKD) istaxable revenue and xem bóng đá trực tiếp trên youtube rate on revenue.
(1) Taxable revenue
The taxable revenue for VAT and individual income xem bóng đá trực tiếp trên youtube for household businesses and individual businesses is the revenue including xem bóng đá trực tiếp trên youtube (in cases subject to xem bóng đá trực tiếp trên youtube) of all proceeds from sales, processing, commissions, service supplies arising during the xem bóng đá trực tiếp trên youtube period from activities in production, business of goods, and services. This includes bonuses, support upon achieving sales, promotions, trade discounts, payment discounts, financial or non-financial support; price subsidies, surcharges, additional fees obtained as regulated; compensation for contract violations, and other compensations (only included in the taxable revenue for individual income xem bóng đá trực tiếp trên youtube); other revenues that household businesses, individual businesses receive, irrespective of whether the money has been received or not.
(2) xem bóng đá trực tiếp trên youtube rate on revenue
- The xem bóng đá trực tiếp trên youtube rate on revenue includes VAT rate and individual income xem bóng đá trực tiếp trên youtube rate, applied in detail for each field, sector as guided in Appendix I issued withThông tư 40/2021/TT-BTC.
- In the case where household businesses, individual businesses operate in multiple fields and sectors, they must declare and calculate taxes according to the xem bóng đá trực tiếp trên youtube rate on revenue applicable to each field, industry.
In cases where household businesses or individual businesses cannot determine the taxable revenue for each field or sector or determine it in a way that is inconsistent with actual operations, the xem bóng đá trực tiếp trên youtube authority will fix the taxable revenue for each area or sector according to the legal regulations on xem bóng đá trực tiếp trên youtube management.
What are regulations on basis for xem bóng đá trực tiếp trên youtube calculation for individuals and household businesses in Vietnam?(Image from the Internet)
How to terminatetax payable by individuals and household businesses in Vietnam?
According to Clause 3, Article 10 ofCircular 40/2021/TT-BTC, the regulations are as follows:
basis for xem bóng đá trực tiếp trên youtube calculation
...
3. Determining the xem bóng đá trực tiếp trên youtube payable
VAT payable = Taxable VAT revenue x VAT rate
Individual income xem bóng đá trực tiếp trên youtube payable = Taxable individual income xem bóng đá trực tiếp trên youtube revenue x Individual income xem bóng đá trực tiếp trên youtube rate
Where:
- Taxable VAT revenue and taxable individual income xem bóng đá trực tiếp trên youtube revenue as guided in Clause 1 of this Article.
- VAT rate and individual income xem bóng đá trực tiếp trên youtube rate as guided in Appendix I issued with this Circular.
Thus, the xem bóng đá trực tiếp trên youtube payable by individuals and household businesses is determined as follows:
VAT payable = Taxable VAT revenue x VAT rate
Individual income xem bóng đá trực tiếp trên youtube payable = Taxable individual income xem bóng đá trực tiếp trên youtube revenue x Individual income xem bóng đá trực tiếp trên youtube rate
What are the principles of xem bóng đá trực tiếp trên youtube calculation for individuals and household businesses in Vietnam?
Based on Article 4 ofCircular 40/2021/TT-BTC, the principles for xem bóng đá trực tiếp trên youtube calculation for individuals and household businesses are as follows:
Principles of xem bóng đá trực tiếp trên youtube calculation
1. xem bóng đá trực tiếp trên youtube calculation principles for household businesses, individual businesses are implemented according to current legal xem bóng đá trực tiếp trên youtube regulations on VAT, individual income xem bóng đá trực tiếp trên youtube, and related legal normative documents.
2. Household businesses, individual businesses with revenue from production and business activities in a calendar year of 100 million VND or less are not required to pay VAT and do not need to pay individual income xem bóng đá trực tiếp trên youtube according to the law on VAT and individual income xem bóng đá trực tiếp trên youtube. Household businesses, individual businesses are responsible for declaring taxes accurately, honestly, completely, and submitting xem bóng đá trực tiếp trên youtube dossiers on time; bearing legal responsibility for the accuracy, honesty, completeness of the xem bóng đá trực tiếp trên youtube dossier as per regulations.
3. For household businesses, individual businesses in the form of groups of individuals or households, the revenue level from 100 million VND/year or less to determine an individual not subject to pay VAT, does not have to pay individual income xem bóng đá trực tiếp trên youtube, is set for one (01) sole representative of the group of individuals, households in the xem bóng đá trực tiếp trên youtube year.
Individuals and household businesses calculate taxes based on the following principles:
- xem bóng đá trực tiếp trên youtube calculation principles for household businesses, individual businesses are implemented according to current legal xem bóng đá trực tiếp trên youtube regulations on VAT, individual income xem bóng đá trực tiếp trên youtube, and related legal normative documents.
- Household businesses, individual businesses with revenue from production and business activities in the calendar year of 100 million VND or less are not required to pay VAT and do not need to pay individual income xem bóng đá trực tiếp trên youtube according to the law on VAT and individual income xem bóng đá trực tiếp trên youtube. Household businesses, individual businesses are responsible for declaring taxes accurately, honestly, completely, and submitting xem bóng đá trực tiếp trên youtube dossiers on time; bearing legal responsibility for the accuracy, honesty, and completeness of the xem bóng đá trực tiếp trên youtube dossier as per regulations.
- For household businesses, individual businesses in the form of groups of individuals or households, the revenue level from 100 million VND/year or less to determine an individual not subject to pay VAT, and does not have to pay individual income xem bóng đá trực tiếp trên youtube is set for one (01) sole representative of the group of individuals, households in the xem bóng đá trực tiếp trên youtube year.
