When shall income form dividend in shares subject to personal income vtv2 trực tiếp bóng đá hôm nay in Vietnam?
When shall income formdividend in shares subject to personal income vtv2 trực tiếp bóng đá hôm nay in Vietnam?
Based on Clause 4, Article 10 ofCircular 111/2013/TT-BTCstipulates as follows:
Basis for vtv2 trực tiếp bóng đá hôm nay Calculation for Income from Investment Capital
The basis for calculating vtv2 trực tiếp bóng đá hôm nay on income from investment capital is the taxable income and the vtv2 trực tiếp bóng đá hôm nay rate.
1. Taxable Income
Taxable income from investment capital is the taxable income that individuals receive as guided in Clause 3, Article 2 of this Circular.
2. The vtv2 trực tiếp bóng đá hôm nay rate for income from investment capital applies the full vtv2 trực tiếp bóng đá hôm nay rate schedule with a vtv2 trực tiếp bóng đá hôm nay rate of 5%.
3. Timing for Determining Taxable Income
The timing for determining taxable income for income from investment capital is when the organization or individual pays income to the taxpayer.
For some specific cases, the timing for determining taxable income is as follows:
a) For income from the increased value of equity contribution as guided at Point d, Clause 3, Article 2 of this Circular, the timing for determining income from investment capital is when the individual actually receives the income upon dissolution of the business, conversion of operational models, division, separation, merger, amalgamation of businesses, or when capital is withdrawn.
b) For income from dividends recorded as increased capital as guided at Point g, Clause 3, Article 2 of this Circular, the timing for determining income from investment capital is the time when the individual transfers shares, withdraws capital.
c) For income from dividends paid in shares as guided at Point g, Clause 3, Article 2 of this Circular, the timing for determining income from investment capital is the time when the individual transfers shares.
d) In the case of individuals receiving income from overseas investment capital in any form, the timing for determining taxable income is the time when the individual receives the income.
4. How to Calculate vtv2 trực tiếp bóng đá hôm nay: Personal income vtv2 trực tiếp bóng đá hôm nay payable = Taxable income × vtv2 trực tiếp bóng đá hôm nay rate 5%
Therefore, any income received from dividends will be subject to the above-mentioned vtv2 trực tiếp bóng đá hôm nay rate, without any distinction on the amount received, as this does not involve deductions for family circumstances or vtv2 trực tiếp bóng đá hôm nay levels like salary or wage income of laborers.
When shall income formdividend in shares subject to personal income vtv2 trực tiếp bóng đá hôm nay in Vietnam? (Image from Internet)
How to determine the transfer price for incomefrom capital transfer in Vietnam?
Based on Clause 1, Article 11 ofCircular 111/2013/TT-BTCstipulates as follows:
Basis for vtv2 trực tiếp bóng đá hôm nay Calculation for Income from Capital Transfer
1. For income from capital contribution transfer
The basis for calculating vtv2 trực tiếp bóng đá hôm nay on income from capital contribution transfer is the taxable income and the vtv2 trực tiếp bóng đá hôm nay rate.
a) Taxable Income: Taxable income from the transfer of capital contribution is determined as the transfer price minus the purchase price of the transferred capital and reasonable expenses related to generating income from the capital transfer.
In case the enterprise accounts in foreign currency, individuals transferring capital contribution in foreign currency, the transfer price and purchase price of the transferred capital are determined in foreign currency. In case the enterprise accounts in VND, individuals transferring capital contribution in foreign currency, the transfer price must be determined in VND according to the average exchange rate on the interbank foreign currency market announced by the State Bank of Vietnam at the time of transfer.
a.1) Transfer Price
The transfer price is the amount received by the individual under the capital transfer contract.
In the case where the transfer contract does not specify a payment price or the payment price in the contract is not consistent with the market price, the vtv2 trực tiếp bóng đá hôm nay authority has the right to impose the transfer price according to the vtv2 trực tiếp bóng đá hôm nay management law.
Thus, taxable income includes both the transfer price which is the amount the individual receives under the capital transfer contract. In the case where the transfer contract does not specify a payment price or the payment price in the contract does not align with the market price, the vtv2 trực tiếp bóng đá hôm nay authority has the right to impose the transfer price according to the legal provisions on vtv2 trực tiếp bóng đá hôm nay management.
What are regulations on the PIT payable used for calculating vtv2 trực tiếp bóng đá hôm nay reduction in Vietnam?
Based on Point b, Clause 1, Article 4 ofCircular 111/2013/TT-BTCstipulates as follows:
vtv2 trực tiếp bóng đá hôm nay Reduction
In accordance with Article 5 of the Personal Income vtv2 trực tiếp bóng đá hôm nay Law, Article 5 of Decree No. 65/2013/ND-CP, taxpayers who face difficulties due to natural disasters, fires, accidents, and serious diseases affecting their ability to pay taxes are entitled to a vtv2 trực tiếp bóng đá hôm nay reduction corresponding to the level of damage but not exceeding the vtv2 trực tiếp bóng đá hôm nay amount payable. Specifically: as follows:
1. Determination of vtv2 trực tiếp bóng đá hôm nay Reduced
a) vtv2 trực tiếp bóng đá hôm nay reduction is considered on an annual vtv2 trực tiếp bóng đá hôm nay period basis. Taxpayers who face difficulties from natural disasters, fires, accidents, and serious diseases in a given vtv2 trực tiếp bóng đá hôm nay year shall be granted a vtv2 trực tiếp bóng đá hôm nay reduction for that vtv2 trực tiếp bóng đá hôm nay year.
b) The vtv2 trực tiếp bóng đá hôm nay amount used as a basis for considering vtv2 trực tiếp bóng đá hôm nay reduction is the total personal income vtv2 trực tiếp bóng đá hôm nay that the taxpayer must pay in the vtv2 trực tiếp bóng đá hôm nay year, including:
b.1) Personal income vtv2 trực tiếp bóng đá hôm nay already paid or deducted for income from investment capital, income from capital transfer, income from real estate transfer, income from winnings, income from royalties, income from franchise, income from inheritance; income from gifts.
b.2) Personal income vtv2 trực tiếp bóng đá hôm nay payable for income from business activities and income from salaries and wages.
c) The basis for determining the extent of damage eligible for vtv2 trực tiếp bóng đá hôm nay reduction is the actual total cost to mitigate the damage minus (-) any compensation received from insurance organizations (if any) or from the organization or individual causing the accident (if any).
d) The vtv2 trực tiếp bóng đá hôm nay reduced is determined as follows:
d.1) If the vtv2 trực tiếp bóng đá hôm nay payable in the vtv2 trực tiếp bóng đá hôm nay year is greater than the level of damage, the vtv2 trực tiếp bóng đá hôm nay reduction is equal to the level of damage.
d.2) If the vtv2 trực tiếp bóng đá hôm nay payable in the vtv2 trực tiếp bóng đá hôm nay year is less than the level of damage, the vtv2 trực tiếp bóng đá hôm nay reduction is equal to the vtv2 trực tiếp bóng đá hôm nay payable.
Therefore, the vtv2 trực tiếp bóng đá hôm nay amount payable used as a basis for considering vtv2 trực tiếp bóng đá hôm nay reduction is the total personal income vtv2 trực tiếp bóng đá hôm nay that the taxpayer must pay in the vtv2 trực tiếp bóng đá hôm nay year, including the specific contents mentioned above.
