trực tiếp bóng đá k+Which types of taxes are paid quarterly in Vietnam?
Which types of taxes are declared quarterly in Vietnam?
Based on Clause 2, Article 8 ofDecree 126/2020/ND-CPproviding guidance on the Law on trực tiếp bóng đá k+ Administration, the types of taxes required to be declared quarterly include:
- Corporate income trực tiếp bóng đá k+ for foreign airlines and foreign reinsurers.
- Value-added trực tiếp bóng đá k+, corporate income trực tiếp bóng đá k+, personal income trực tiếp bóng đá k+ for credit institutions or third parties authorized by credit institutions to manage secured assets while awaiting disposal on behalf of taxpayers with secured assets.
- Personal income trực tiếp bóng đá k+ for organizations and individuals disbursing income subject to trực tiếp bóng đá k+ withholding as per the personal income trực tiếp bóng đá k+ law, where such organizations or individuals are subject to quarterly value-added trực tiếp bóng đá k+ declaration and opt for quarterly personal income trực tiếp bóng đá k+ declaration; individuals with income from salaries or wages who directly declare trực tiếp bóng đá k+ with the trực tiếp bóng đá k+ authority and choose quarterly personal income trực tiếp bóng đá k+ declaration.
- Other taxes and budgetary revenues declared and paid by organizations or individuals on behalf of individuals, where such organizations or individuals are subject to quarterly value-added trực tiếp bóng đá k+ declaration and opt for quarterly declaration on behalf of individuals, excluding cases stipulated at Point g, Clause 4 of this Article.
- Additional fees when crude oil prices increase (excluding the petroleum operations of the Vietsovpetro joint venture at Lot 09.1).
What is the deadline for submittingtax declarations quarterlyin Vietnam?
According to Clause 1, Article 44 of theLaw on trực tiếp bóng đá k+ Administration 2019, the deadline for submitting quarterly trực tiếp bóng đá k+ declarations is as follows:
Deadline for trực tiếp bóng đá k+ declaration submission
...
- The deadline for submitting trực tiếp bóng đá k+ declarations for taxes declared monthly and quarterly is stipulated as follows:
a) No later than the 20th day of the month following the month in which the trực tiếp bóng đá k+ obligation arises for cases of monthly declaration and payment;
b) No later than the last day of the first month of the quarter following the quarter in which the trực tiếp bóng đá k+ obligation arises for cases of quarterly declaration and payment.
...
Thus, based on the above regulation, the deadline for submitting quarterly trực tiếp bóng đá k+ declarations is no later than the last day of the first month of the quarter following the quarter in which the trực tiếp bóng đá k+ obligation arises, in cases where declaration and payment are quarterly.
Which types of taxes are paid quarterly in Vietnam? (Image from Internet)
What are the criteria for quarterly trực tiếp bóng đá k+ declaration for value-added trực tiếp bóng đá k+ and personal income trực tiếp bóng đá k+ in Vietnam?
The criteria for quarterly trực tiếp bóng đá k+ declaration for value-added trực tiếp bóng đá k+ and personal income trực tiếp bóng đá k+ are stipulated in Clause 1, Article 9 ofDecree 126/2020/ND-CPas follows:
- Quarterly value-added trực tiếp bóng đá k+ declaration applies to taxpayers who are subject to monthly value-added trực tiếp bóng đá k+ declaration if their total revenue from goods sales and service provision in the preceding year did not exceed 50 billion VND, allowing them to opt for quarterly value-added trực tiếp bóng đá k+ declaration. Revenue from goods sales and service provision is determined as the total revenue on value-added trực tiếp bóng đá k+ declarations for the trực tiếp bóng đá k+ periods within the calendar year.
+Where taxpayers conduct centralized trực tiếp bóng đá k+ declaration at the main office for dependent units or business locations, the revenue from sales and service provision includes revenue from dependent units and business locations.
+If taxpayers are newly starting operations or business, they may choose quarterly value-added trực tiếp bóng đá k+ declaration. After conducting business for 12 full months, from the subsequent calendar year onward, they must base on the revenue of the preceding calendar year (full 12 months) to decide on monthly or quarterly trực tiếp bóng đá k+ declarations.
- Quarterly personal income trực tiếp bóng đá k+ declaration is as follows:
+ Taxpayers subject to monthly personal income trực tiếp bóng đá k+ declaration may opt for quarterly declaration if they meet the conditions for quarterly value-added trực tiếp bóng đá k+ declaration.
+ Quarterly declaration is determined once from the first quarter in which the trực tiếp bóng đá k+ declaration obligation arises and is applied consistently throughout the calendar year.
What are procedures for changingtax declaration period from monthly to quarterly in Vietnam?
According to Sub-section 2, Section 1 of the Procedures issued withDecision 1462/QD-BTC, the procedure to change the trực tiếp bóng đá k+ period for value-added trực tiếp bóng đá k+, personal income trực tiếp bóng đá k+ from monthly to quarterly is as follows:
*Note: for reference purposes only
Step 1: Prepare the Application for changing the trực tiếp bóng đá k+ period from monthly to quarterly according to Form 01/DK-TDKTTCircular 80/2021/TT-BTC.
Step 2: Submit the application directly/by post/online to the directly managing trực tiếp bóng đá k+ authority before January 31 of the year when quarterly trực tiếp bóng đá k+ declaration begins.
If after January 31 of the year when eligible for quarterly trực tiếp bóng đá k+ declaration and no application to change the trực tiếp bóng đá k+ period from monthly to quarterly is submitted, then continue with monthly declarations.
If switching the trực tiếp bóng đá k+ declaration period from monthly to quarterly online, proceed as follows:
Access thuedientu.gdt.gov.vn and log in with the enterprise account (MST-QL) - trực tiếp bóng đá k+ Declaration - Register declarations - Click Lookup - Choose VAT Declaration (quarterly) - Choose Stop declaration registration - Then register declarations and declare monthly.
Step 3: The trực tiếp bóng đá k+ authority receives the application and resolves it according to regulations
The trực tiếp bóng đá k+ authority will notify acceptance/rejection of the application no later than one working day from the date stated on the application receipt notice.
