What are regulations on personal xem bóng đá trực tiếp trên youtube payment subsection in Vietnam for 2024?

What are regulations on personal xem bóng đá trực tiếp trên youtube payment subsection in Vietnamfor 2024?

According to Point b, Clause 1, Article 4 ofCircular 324/2016/TT-BTC, the subsectionis a detailed classification of the section, used to classify detailed categories of state budget revenues and expenditures by management objects within each section.

Based on Appendix 3 of the List of sections and subsections issued together withCircular 324/2016/TT-BTCsupplemented by Clause 5, Article 1 ofCircular 93/2019/TT-BTC, the subsection for personal xem bóng đá trực tiếp trên youtube for 2024 is stipulated as follows:

Additionally, personal xem bóng đá trực tiếp trên youtube amounts collected by the income-paying agencies or by individuals are:

- If managed by the Tax Department, bookkeeping is done under code 557 “Households, individuals”;

- If managed by the Tax Sub-department, bookkeeping is done under code 757 “Households, individuals” (do not book under code 857 “Households, individuals”).

See the full list of program codes:Here

What are regulations on personal xem bóng đá trực tiếp trên youtube payment subsection in Vietnam for 2024?(Image from the Internet)

Which entitiesarepersonal xem bóng đá trực tiếp trên youtube payers in Vietnam?

According to Article 2 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007, taxpayers include:

- Personal xem bóng đá trực tiếp trên youtube payers are resident individuals with taxable income specified in Article 3 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007arising both inside and outside the territory of Vietnam, and non-resident individuals with taxable income specified in Article 3 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007arising within the territory of Vietnam.

- Resident individuals are those who meet one of the following conditions:

+ Present in Vietnam for 183 days or more in a calendar year or for 12 consecutive months from the first day of presence in Vietnam;

+ Have a regular place of residence in Vietnam, including having a registered permanent residence or have a rented house to stay in Vietnam under a lease agreement with a term.

- Non-resident individuals are those who do not meet the conditions stipulated in Clause 2, Article 2 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007.

Which incomes are subject to personal xem bóng đá trực tiếp trên youtube in Vietnam?

According to Article 3 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007as amended by Clause 2, Article 2 of theLaw on Amendments to Tax Laws 2014, Clause 1, Article 1 of theAmended Personal xem bóng đá trực tiếp trên youtube Law 2012, taxable incomes for personal xem bóng đá trực tiếp trên youtube include the following types of income, except for income exempt from tax specified in Article 4 of thePersonal xem bóng đá trực tiếp trên youtube Law 2007:

(1) Income from business, including:

- Income from manufacturing and business activities of goods and services;

- Income from independent practice of individuals with a practicing license or certificate as prescribed by law.

Income from business specified in this clause does not include income of individuals running businesses with annual revenue of VND 100 million or less.

(2) Income from salaries and wages, including:

- Salaries, wages, and other amounts of similar nature;

- Allowances and subsidies, except for:

Allowances and subsidies according to regulations on preferential treatment for persons with meritorious services; national defense and security allowances; hazardous and dangerous allowances for industries or occupations working in hazardous and dangerous places; attraction allowances, area allowances as prescribed by law; sudden hardship aids, labor accident, occupational disease supports, lump-sum allowance for childbirth or adoption, compensation for reduced work capacity, lump-sum pension allowance, monthly survivorship allowance, and other subsidies per the social insurance laws; termination, job loss allowances as prescribed by theBộ luật xem bóng; social protection allowances and other allowances or subsidies not of wage, salary nature as per regulations by the Government of Vietnam.

(3) Income from capital investment, including:

- Loan interest;

- Dividend;

- Income from capital investment in other forms, except for income from interests on government bonds.

(4) Income from capital transfer, including:

- Income from transferring capital within economic organizations;

- Income from securities transfer;

- Income from capital transfer in other forms.

(5) Income from real estate transfer, including:

- Income from transferring land use rights and assets attached to land;

- Income from transferring the ownership or use rights of residential houses;

- Income from transferring the right to lease land or water surface;

- Other incomes from real estate transfers in all forms.

(6) Income from winnings, including:

- Lottery winnings;

- Promotional winnings;

- Winnings from betting;

- Winnings from games, contests with prizes, and other forms of winnings.

(7) Income from royalties, including:

- Income from the transfer or transfer of the use right for intellectual property objects;

- Income from technology transfer.

(8) Income from franchising.

(9) Income from inheritance being securities, capital contributions in economic organizations, business establishments, real estate, and other assets required to register ownership or use rights.

(10) Income from gifts being securities, capital contributions in economic organizations, business establishments, real estate, and other assets required to register ownership or use rights.