From July 1, 2025, what is xoilac tv trực tiếp bóng đá hôm nay VAT rate for traditional and folk performing arts activities in Vietnam?
From July 1, 2025, what is xoilac tv trực tiếp bóng đá hôm nay VAT rate for traditional and folk performing arts activities in Vietnam?
Pursuant to Clause 2, Article 9 of xoilac tv trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024stipulating xoilac tv trực tiếp bóng đá hôm nay tax rates:
Article 9. Tax rates
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- A tax rate of 5% applies to xoilac tv trực tiếp bóng đá hôm nay following goods and services:
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h) Medical equipment as prescribed by xoilac tv trực tiếp bóng đá hôm nay law on management of medical equipment; preventive and curative drugs; pharmaceutical substances and materials used for xoilac tv trực tiếp bóng đá hôm nay production of preventive and curative drugs;
i) Teaching and learning equipment including models, drawings, boards, chalk, rulers, and compasses;
k) Traditional and folk performance art activities;
l) Toys for children; all types of books, except for those specified in Clause 15, Article 5 of this Law;
m) Scientific and technological services as prescribed by xoilac tv trực tiếp bóng đá hôm nay Law on Science and Technology;
n) Sale, lease, lease-purchase of social housing as prescribed by xoilac tv trực tiếp bóng đá hôm nay Law on Housing.
According to xoilac tv trực tiếp bóng đá hôm nay above regulation, traditional and folk performance art activities are subject to a 5% value-added tax rate.
From July 1, 2025, what is xoilac tv trực tiếp bóng đá hôm nay VAT rate for traditional and folk performing arts activities in Vietnam? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
What are regulations on xoilac tv trực tiếp bóng đá hôm nay value-added tax base in Vietnam?
Pursuant to Article 7 of xoilac tv trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024stipulating xoilac tv trực tiếp bóng đá hôm nay value-added tax base:
- For goods and services sold by xoilac tv trực tiếp bóng đá hôm nay business establishment, it is xoilac tv trực tiếp bóng đá hôm nay selling price excluding value-added tax.
- For goods and services subject to special consumption tax, it is xoilac tv trực tiếp bóng đá hôm nay selling price including special consumption tax, but excluding value-added tax.
- For goods subject to environmental protection tax, it is xoilac tv trực tiếp bóng đá hôm nay selling price including environmental protection tax, but excluding value-added tax.
- For goods subject to both special consumption tax and environmental protection tax, it is xoilac tv trực tiếp bóng đá hôm nay selling price including both taxes but excluding value-added tax.
- For imported goods, it is xoilac tv trực tiếp bóng đá hôm nay taxable import value as prescribed by xoilac tv trực tiếp bóng đá hôm nay law on export and import tax plus import tax and any supplementary import taxes as prescribed by law (if any), along with special consumption tax (if any) and environmental protection tax (if any).
- For goods and services used for exchanges, internal consumption, gifts, and donations, it is xoilac tv trực tiếp bóng đá hôm nay value-added tax base for goods and services of xoilac tv trực tiếp bóng đá hôm nay same kind or equivalent at xoilac tv trực tiếp bóng đá hôm nay time of these activities occurring.
- For promotional goods and services as prescribed by commercial law, xoilac tv trực tiếp bóng đá hôm nay tax base is determined at zero (0).
- For asset lease activities, it is xoilac tv trực tiếp bóng đá hôm nay leasing amount excluding value-added tax.
- If leasing is made on a periodic payment or prepaid rent for xoilac tv trực tiếp bóng đá hôm nay lease term, xoilac tv trực tiếp bóng đá hôm nay tax base is xoilac tv trực tiếp bóng đá hôm nay rent amount paid periodically or prepaid for xoilac tv trực tiếp bóng đá hôm nay lease term excluding value-added tax.
- For goods sold by installments, deferred payment, it is based on xoilac tv trực tiếp bóng đá hôm nay lump-sum selling price excluding value-added tax, excluding installment or deferred payment interest.
- For processing goods, it is xoilac tv trực tiếp bóng đá hôm nay processing fee excluding value-added tax.
- For construction and installation activities, it is xoilac tv trực tiếp bóng đá hôm nay value of xoilac tv trực tiếp bóng đá hôm nay work, project items, or parts handed over excluding value-added tax. In xoilac tv trực tiếp bóng đá hôm nay case of construction and installation without material, machinery, or equipment supply, xoilac tv trực tiếp bóng đá hôm nay tax base does not include xoilac tv trực tiếp bóng đá hôm nay value of materials and machinery, and equipment.
- For real estate business activities, it is xoilac tv trực tiếp bóng đá hôm nay selling price of real estate excluding value-added tax, minus xoilac tv trực tiếp bóng đá hôm nay land levy or land rent paid to xoilac tv trực tiếp bóng đá hôm nay state budget (land price deduction). xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam regulates xoilac tv trực tiếp bóng đá hôm nay determination of xoilac tv trực tiếp bóng đá hôm nay deductible land price under this clause in accordance with land law.
- For agency, brokerage activities earning commissions on goods and service sales, it is xoilac tv trực tiếp bóng đá hôm nay commission earned excluding value-added tax.
- For goods and services using an invoice that records xoilac tv trực tiếp bóng đá hôm nay payment price as xoilac tv trực tiếp bóng đá hôm nay price including value-added tax, xoilac tv trực tiếp bóng đá hôm nay taxable price is determined using xoilac tv trực tiếp bóng đá hôm nay following formula:
Price excluding value-added tax = Payment price : [1 + tax rate of goods, services (%)]
- For casino, electronic game services with prizes, and betting, it is xoilac tv trực tiếp bóng đá hôm nay amount collected from these activities minus xoilac tv trực tiếp bóng đá hôm nay amount returned to customers not fully used and xoilac tv trực tiếp bóng đá hôm nay prize amounts paid to customers (if any), including special consumption tax, excluding value-added tax.
- For xoilac tv trực tiếp bóng đá hôm nay following production and business activities, it is xoilac tv trực tiếp bóng đá hôm nay selling price excluding value-added tax. xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam stipulates xoilac tv trực tiếp bóng đá hôm nay taxable price for such production and business activities specified in this clause:
+ Electricity production by Vietnam Electricity Group
+ Transport and loading services
+ Tourism services in xoilac tv trực tiếp bóng đá hôm nay form of travel
+ Pawn services
+ Value-added tax-rated books sold at xoilac tv trực tiếp bóng đá hôm nay correct published price (cover price)
+ Printing activities
+ Agency inspection, agency appraisal services, agency claim settlement, agency recovery from third-party agents, handling fully compensated goods 100% benefiting from wages or commission
Note: xoilac tv trực tiếp bóng đá hôm nay taxable price for xoilac tv trực tiếp bóng đá hôm nay above-mentioned goods and services includes any surcharges and fees payable to xoilac tv trực tiếp bóng đá hôm nay business establishment.
What is xoilac tv trực tiếp bóng đá hôm nay timing of determining value-added tax for services in Vietnam?
Pursuant to Article 8 of xoilac tv trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024stipulating xoilac tv trực tiếp bóng đá hôm nay timing for determining value-added tax:
Article 8. Timing for determining value-added tax
- xoilac tv trực tiếp bóng đá hôm nay timing for determining value-added tax is prescribed as follows:
a) For goods, it is xoilac tv trực tiếp bóng đá hôm nay time of transferring ownership or right to use xoilac tv trực tiếp bóng đá hôm nay goods to xoilac tv trực tiếp bóng đá hôm nay buyer or at xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay invoice is made, regardless of whether payment has been collected or not;
b) For services, it is xoilac tv trực tiếp bóng đá hôm nay time of completing xoilac tv trực tiếp bóng đá hôm nay provision of services or xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay invoice for services is made, regardless of whether payment has been collected or not.
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xoilac tv trực tiếp bóng đá hôm nay timing for determining value-added tax for services is xoilac tv trực tiếp bóng đá hôm nay time of completion of xoilac tv trực tiếp bóng đá hôm nay service provision or xoilac tv trực tiếp bóng đá hôm nay time of invoice issuance for services, regardless of whether payment has been collected or not.
However, for xoilac tv trực tiếp bóng đá hôm nay following services, xoilac tv trực tiếp bóng đá hôm nay timing for determining value-added tax is stipulated by xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam:
- Telecommunication services
- Insurance business services
