What is xem bóng đá trực tiếp vtv2 severance tax-liable price in Vietnam?
What is xem bóng đá trực tiếp vtv2 severance tax-liable pricein Vietnam?
First of all, based on Article 4 of xem bóng đá trực tiếp vtv2Law on severance tax 2009, severance tax bases include:
[1]natural resource output used for severance tax calculation
[2]severance tax-liable price
[3]severance tax rate
Thus, xem bóng đá trực tiếp vtv2 severance tax-liable price is one of xem bóng đá trực tiếp vtv2 three severance tax bases.
Severance tax-liable priceis xem bóng đá trực tiếp vtv2 selling price of a unit of natural resource-derived products imposed by xem bóng đá trực tiếp vtv2 extracting entity exclusive of VAT. This price must not fall below xem bóng đá trực tiếp vtv2 severance tax-liable price imposed by xem bóng đá trực tiếp vtv2 People’s Committee of xem bóng đá trực tiếp vtv2 province. Otherwise, xem bóng đá trực tiếp vtv2 severance tax-liable price imposed by xem bóng đá trực tiếp vtv2 People’s Committee of xem bóng đá trực tiếp vtv2 province shall apply.
If xem bóng đá trực tiếp vtv2 cost of transport of natural resource-derived products and selling price are written on separate invoices, xem bóng đá trực tiếp vtv2 severance tax-liable price is xem bóng đá trực tiếp vtv2 selling price exclusive of transport cost (regulated in Article 6 ofCircular 152/2015/TT-BTC).
What is xem bóng đá trực tiếp vtv2 severance tax-liable price in Vietnam? (Image from xem bóng đá trực tiếp vtv2 Internet)
What is xem bóng đá trực tiếp vtv2 severance tax-liable price for natural resources of which unit prices of natural resource-derived products can be determined in Vietnam?
Under Clause 1, Article 6 ofCircular 152/2015/TT-BTC, xem bóng đá trực tiếp vtv2 severance tax-liable price for natural resources is regulated as follows:
- With regard to natural resources of which unit prices of natural resource-derived products can be determined
+ Taxable price is xem bóng đá trực tiếp vtv2 selling price of a unit of natural resource-derived products of xem bóng đá trực tiếp vtv2 same class and quality exclusive of VAT and extracted within xem bóng đá trực tiếp vtv2 month; Selling price of a unit of natural resource equals (=) total revenue (exclusive of VAT) from xem bóng đá trực tiếp vtv2 sale of xem bóng đá trực tiếp vtv2 resource divided by (:) total quantity of xem bóng đá trực tiếp vtv2 same resource sold in xem bóng đá trực tiếp vtv2 month.
+ If no revenue is earned though xem bóng đá trực tiếp vtv2 natural resource still extracted in xem bóng đá trực tiếp vtv2 month, taxable price is xem bóng đá trực tiếp vtv2 weighted mean of taxable unit price of xem bóng đá trực tiếp vtv2 latest month in which revenue is earned. If xem bóng đá trực tiếp vtv2 weighted mean of taxable unit price of xem bóng đá trực tiếp vtv2 latest month in which revenue is earned is lower than xem bóng đá trực tiếp vtv2 taxable price imposed by xem bóng đá trực tiếp vtv2 People’s Committee of xem bóng đá trực tiếp vtv2 province, xem bóng đá trực tiếp vtv2 taxable price imposed by xem bóng đá trực tiếp vtv2 People’s Committee of xem bóng đá trực tiếp vtv2 province shall apply.
+ In case organizations being legal entities extract natural resources for a corporation/conglomerate under contracts, or sell natural resources at prices decided by such corporation/conglomerate, xem bóng đá trực tiếp vtv2 taxable prices shall be decided by xem bóng đá trực tiếp vtv2 corporation/conglomerate but not lower than xem bóng đá trực tiếp vtv2 prices imposed by xem bóng đá trực tiếp vtv2 People’s Committee of xem bóng đá trực tiếp vtv2 province where natural resources are extracted.
Which entityis responsible for paying severance tax on in case natural resources that are banned from extraction or illegally extracted are confiscated in Vietnam?
Under Clause 5, Article 3 ofCircular 152/2015/TT-BTCwhich regulates taxpayers:
Taxpayers
Payers of severance tax (hereinafter referred to as taxpayers) are organizations and individuals (hereinafter referred to as entities) that extract natural resources subject to severance tax mentioned in Article 2 of this Circular.Taxpayers in some particular cases:
1. For mineral extraction, taxpayers are xem bóng đá trực tiếp vtv2 organizations and business households granted xem bóng đá trực tiếp vtv2 License for mineral extraction by competent authorities.
In case an organization is granted xem bóng đá trực tiếp vtv2 license for mineral extraction and permitted to cooperate with other organizations and individuals extracting natural resources, and there are separate regulations on taxpayers, xem bóng đá trực tiếp vtv2 taxpayers shall be identified according to such regulations.
In case an organization is granted xem bóng đá trực tiếp vtv2 license for mineral extraction and then delegates its affiliates to carry out mineral extraction, each affiliate is a taxpayer.
2. If a joint venture is established among resource-extracting enterprises, xem bóng đá trực tiếp vtv2 joint venture is xem bóng đá trực tiếp vtv2 taxpayer;
In case a Vietnamese party and a foreign party participate in xem bóng đá trực tiếp vtv2 same contract for cooperation in resource extraction, xem bóng đá trực tiếp vtv2 obligation to pay tax of each party must be specified in xem bóng đá trực tiếp vtv2 contract. Otherwise, all parties must declare and pay severance tax or appoint a representative to pay severance tax.
3. In case an entity is awarded a construction contract and extracts a certain amount of natural resources that is permitted by xem bóng đá trực tiếp vtv2 authorities, or xem bóng đá trực tiếp vtv2 extraction/use of such natural resources is not contrary to regulations of law on resource extraction, such entity must declare and pay severance tax to xem bóng đá trực tiếp vtv2 local tax authority in xem bóng đá trực tiếp vtv2 area where natural resources are extracted.
4. Every entity using water from irrigation works for power generation is taxpayer, regardless of sources of capital for xem bóng đá trực tiếp vtv2 irrigation works.
In case xem bóng đá trực tiếp vtv2 organization managing xem bóng đá trực tiếp vtv2 irrigation work supplies water for other entities to produce clean water or water for other purposes (other than power generation), xem bóng đá trực tiếp vtv2 organization managing xem bóng đá trực tiếp vtv2 irrigation work supplies water is xem bóng đá trực tiếp vtv2 taxpayer.
5. In case natural resources that are banned from extraction or illegally extracted are confiscated, subject to severance tax, and permitted to be sold, xem bóng đá trực tiếp vtv2 organization assigned to sell such natural resources shall pay severance tax whenever it is incurred to its supervisory tax authority before retaining xem bóng đá trực tiếp vtv2 cost of arrest, auction, reward.
Thus,in case natural resources that are banned from extraction or illegally extracted are confiscated, subject to severance tax, and permitted to be sold, xem bóng đá trực tiếp vtv2 organization assigned to sell such natural resources shall pay severance tax whenever it is incurred to its supervisory tax authority before retaining xem bóng đá trực tiếp vtv2 cost of arrest, auction, reward.
