What is the VAT taxable price for goods and services subject only to environmental protection xem bóng đá trực tiếp trên youtube in Vietnam from July 1, 2025?
What is the VAT taxable price for goods and services subject only to environmental protection xem bóng đá trực tiếp trên youtube in Vietnamfrom July 1, 2025?
Based on Article 7 of theLaw on Value-Added xem bóng đá trực tiếp trên youtube 2024(effective from July 1, 2025) which regulates the taxable price for goods and services subject only to environmental protection xem bóng đá trực tiếp trên youtube as follows:
Taxable Price
1. Taxable prices are specified as follows:
a) For goods and services sold by business establishments, the price is the selling price without value-added xem bóng đá trực tiếp trên youtube; for goods and services subject to special consumption xem bóng đá trực tiếp trên youtube, it is the selling price including special consumption xem bóng đá trực tiếp trên youtube but excluding value-added xem bóng đá trực tiếp trên youtube; for goods subject to environmental protection xem bóng đá trực tiếp trên youtube, it is the selling price including environmental protection xem bóng đá trực tiếp trên youtube but excluding value-added xem bóng đá trực tiếp trên youtube*; for goods subject to both special consumption xem bóng đá trực tiếp trên youtube and environmental protection xem bóng đá trực tiếp trên youtube, it is the selling price including both special consumption xem bóng đá trực tiếp trên youtube and environmental protection xem bóng đá trực tiếp trên youtube but excluding value-added xem bóng đá trực tiếp trên youtube;*
b) For imported goods, it is the import duty taxable value according to the law on export, import xem bóng đá trực tiếp trên youtube plus import duty plus any additional import duties as prescribed by law (if any), plus special consumption xem bóng đá trực tiếp trên youtube (if any), and plus environmental protection xem bóng đá trực tiếp trên youtube (if any);
c) For goods and services used for internal exchange, consumption, gifting, donation, the taxable price is the value-added xem bóng đá trực tiếp trên youtube base of similar or equivalent goods and services at the time these activities occur.
For goods and services used for promotion according to trade law, the taxable price is determined as zero (0);
....
Therefore, the taxable price for goods and services subject to environmental protection xem bóng đá trực tiếp trên youtube from July 1, 2025, is the selling price including environmental protection xem bóng đá trực tiếp trên youtube but excluding value-added xem bóng đá trực tiếp trên youtube.
What is the VAT taxable price for goods and services subject only to environmental protection xem bóng đá trực tiếp trên youtube in Vietnam from July 1, 2025?(Image from the Internet)
Which entities are the taxpayers in Vietnam according to the Law on Value-Added xem bóng đá trực tiếp trên youtube 2024?
Based on Article 4 of theLaw on Value-Added xem bóng đá trực tiếp trên youtube 2024, the taxpayers are defined as follows:
(1) Organizations, households, individuals producing or trading goods and services subject to value-added xem bóng đá trực tiếp trên youtube (hereinafter referred to as business establishments).
(2) Organizations, individuals importing goods subject to value-added xem bóng đá trực tiếp trên youtube (hereinafter referred to as importers).
(3) Organizations, individuals producing or trading in Vietnam purchasing services (including cases of purchasing services with goods) from foreign organizations without a permanent establishment in Vietnam, individuals abroad who are non-residents in Vietnam, except as provided for in (4) and (5); organizations producing or trading in Vietnam purchasing goods, services to conduct oil exploration, field development, and extraction activities from foreign organizations without a permanent establishment in Vietnam, individuals abroad who are non-residents in Vietnam.
(4) Foreign suppliers without a permanent establishment in Vietnam engaged in e-commerce business, conducting business on digital platforms with organizations, individuals in Vietnam (hereinafter referred to as foreign suppliers); foreign platform managers deducting and paying on behalf of foreign suppliers’ xem bóng đá trực tiếp trên youtube obligations; business organizations in Vietnam applying the value-added xem bóng đá trực tiếp trên youtube calculation method that is the deduction method purchasing services from foreign suppliers without a permanent establishment in Vietnam through e-commerce or digital platforms deducting, paying on behalf of foreign suppliers’ xem bóng đá trực tiếp trên youtube obligations.
(5) Organizations that act as managers of e-commerce trading floors, managers of digital platforms with payment functions deducting, paying taxes on behalf, declaring deducted xem bóng đá trực tiếp trên youtube amounts for business households, business individuals on e-commerce floors, and digital platforms.
The Government of Vietnam specifies details for (1), (4), (5); provides regulations on the taxpayers in cases where foreign suppliers provide services to purchasers being business organizations in Vietnam applying the deduction method mentioned in (4).
The Law on Value-Added xem bóng đá trực tiếp trên youtube 2024 is effective from July 1, 2025, except for provisions on the revenue level of households, individuals producing, or trading not subject to xem bóng đá trực tiếp trên youtube as stated in clause 25 Article 5 of theLaw on Value-Added xem bóng đá trực tiếp trên youtube 2024and Article 17 of theLaw on Value-Added xem bóng đá trực tiếp trên youtube 2024which are effective from January 1, 2026.
What are prohibited actsin VAT deduction and refund in Vietnam from July 1, 2025?
Based on Article 13 of theLaw on Value-Added xem bóng đá trực tiếp trên youtube 2024(effective from July 1, 2025), the prohibited acts in deduction and refund include:
- Buying, giving, selling, organizing advertisement, brokering the sale of invoices.
- Creating fake transactions of buying and selling goods or providing services, or transactions not compliant with the law.
- Issuing invoices for selling goods, providing services during the period of temporarily ceased business operations, except for issuing invoices to customers to perform contracts signed before the announcement of business suspension.
- Using illegal invoices, documents or illegally using invoices, documents as prescribed by the Government of Vietnam.
- Failing to transmit electronic invoice data to the xem bóng đá trực tiếp trên youtube authorities as regulated.
- Altering, using for wrong purposes, unauthorized access, destruction of information systems related to invoices, documents.
- Offering, receiving, brokering bribery or performing other acts related to invoices, documents to be eligible for xem bóng đá trực tiếp trên youtube deduction, refund, xem bóng đá trực tiếp trên youtube appropriation, VAT evasion.
- Colluding, covering up; connecting between xem bóng đá trực tiếp trên youtube management officials, xem bóng đá trực tiếp trên youtube authorities and business establishments, importers, between business establishments, importers in using illegal invoices, documents or illegally using invoices, documents to be eligible for xem bóng đá trực tiếp trên youtube deduction, refund, xem bóng đá trực tiếp trên youtube appropriation, VAT evasion.
