Which types of income are subject to personal trực tiếp bóng đá euro hôm nay declared separately in Vietnam?

Which types of income are subject to personal trực tiếp bóng đá euro hôm nay declared separatelyin Vietnam?

According to Article 7 of the2007 Law on Personal trực tiếp bóng đá euro hôm nay, amended by Clause 3, Article 1 of the2012 Amended Personal trực tiếp bóng đá euro hôm nay Law, the tax declared separately is specified as follows:

Tax Period

1. The tax period for resident individuals is specified as follows:

a) Annual tax period applies to income from business; income from wages and salaries;

b) Tax period by each occurrence of income applies to income from capital investment; income from capital transfer, excluding income from securities transfer; income from real estate transfer; income from winnings; income from royalties; income from franchise; income from inheritance; income from gifts;

c) Tax period by each transfer or annually applies to income from securities transfer.

2. The tax period for non-residents is calculated by each occurrence of income for all taxable income.

Thus, according to the aforementioned regulations, the tax declared separately applies to the following types of income:

- For resident individuals:income from capital investments; income from capital transfer, excluding income from securities transfer; income from real estate transfer; income from winnings; income from royalties; income from franchise; income from inheritance; income from gifts;

- For non-residents:all taxable income.

Which types of income are subject to personal trực tiếp bóng đá euro hôm nay declared separately in Vietnam?(Image from Internet)

When shalla non-residentpay personal trực tiếp bóng đá euro hôm nay in Vietnam?

Based on the provisions of Article 2 of the2007 Law on Personal trực tiếp bóng đá euro hôm nay, as follows:

Taxpayers

1. Personal trực tiếp bóng đá euro hôm nay payers are resident individuals with taxable income as stipulated in Article 3 of this Law arising within and outside the territory of Vietnam and non-residents with taxable income as stipulated in Article 3 of this Law arising within the territory of Vietnam.

2. A resident individual is a person who meets one of the following conditions:

a) Being present in Vietnam for 183 days or more within a calendar year or for 12 consecutive months from the first day of presence in Vietnam;

b) Having a regular residence in Vietnam, including a registered permanent residence or a rental house per a term contract for residence in Vietnam.

3. A non-resident is a person who does not meet the conditions specified in Clause 2 of this Article.

Thus, as per the aforementioned regulation, it can be seen that a non-resident must pay personal trực tiếp bóng đá euro hôm nay if they have taxable income as specified in Article 3 of the2007 Law on Personal trực tiếp bóng đá euro hôm nayarising within the territory of Vietnam.

Note: A non-resident is a person who does not meet the following conditions:

- Being present in Vietnam for 183 days or more within a calendar year or for 12 consecutive months from the first day of presence in Vietnam;

- Having a regular residence in Vietnam, including a registered permanent residence or a rental house for residence in Vietnam per a term contract.

What are regulations on tax withholding fornon-residents with income in Vietnam?

According to Article 28 ofDecree 65/2013/ND-CP, tax withholding is defined as the process where organizations or individuals paying income will deduct the tax obligations from the income of the taxpayer before making the payment.

For the income of non-residents, including cases of non-presence in Vietnam, tax withholding of personal trực tiếp bóng đá euro hôm nay is required.

Based on point a, clause 1, Article 25 ofCircular 111/2013/TT-BTC, organizations and individuals paying taxable income to non-residents are responsible for withholding personal trực tiếp bóng đá euro hôm nay before making the payment.

The method to calculate the withheld personal trực tiếp bóng đá euro hôm nay is guided in detail from Articles 17 to 23 of Chapter IIICircular 111/2013/TT-BTC. Specifically, as follows:

(1) Income from Business

Withheld Personal trực tiếp bóng đá euro hôm nay = Revenue × Tax Rate.

* Applicable tax rate:

- 1%: Trading goods.

- 5%: Service business.

- 2%: Manufacturing, construction, transportation, and other industries.

In cases where a non-resident has revenue from multiple sectors or industries but cannot distinctly separate the revenue from each sector, the personal trực tiếp bóng đá euro hôm nay rate is applied at the highest rate for the actual operating field across the total revenue.

(2) Income from Wages and Salaries

Withheld Personal trực tiếp bóng đá euro hôm nay = Taxable Income × 20% tax rate.

(3) Income from Capital Investment

Withheld Personal trực tiếp bóng đá euro hôm nay = Total Investment Income × 5%.

(4) Income from Capital Transfer

Withheld Personal trực tiếp bóng đá euro hôm nay = Transfer Price × 0.1%.

(5) Income from Real Estate Transfer

Withheld Personal trực tiếp bóng đá euro hôm nay = Transfer Price × 2%.

(6) Income from Royalties

Withheld Personal trực tiếp bóng đá euro hôm nay = (Income exceeding 10 million VND) × 5%.

(7) Income from Franchise

Withheld Personal trực tiếp bóng đá euro hôm nay = (Income exceeding 10 million VND) × 5%.

(8) Income from Winnings, Inheritance, Gifts

Withheld Personal trực tiếp bóng đá euro hôm nay = (Income exceeding 10 million VND) × 10%.

Note: non-residents are not eligible for family circumstance deductions, mandatory insurance deductions, or any other deductions. Therefore, personal trực tiếp bóng đá euro hôm nay is calculated directly on the total taxable income without any reduction.