Are yachts subject to excise trực tiếp bóng đá euro hôm nay in Vietnam?

Are yachts subject to excise trực tiếp bóng đá euro hôm nay in Vietnam?

Pursuant to the provisions of Article 2 ofDecree 108/2015/ND-CPguiding theLaw on Excise trực tiếp bóng đá euro hôm nay 2008and theLaw on Amendments to Law on Excise trực tiếp bóng đá euro hôm nay 2014regarding the subjects of excise trực tiếp bóng đá euro hôm nay as follows:

Taxable objects

1. Objects subject to excise trực tiếp bóng đá euro hôm nay shall be implemented according to the provisions of Article 2 of the Law on Excise trực tiếp bóng đá euro hôm nay and Clause 1, Article 1 of the Law amending and supplementing a number of articles of the Law on Excise trực tiếp bóng đá euro hôm nay.

a) For aircraft and yachts specified at Point e, Clause 1, Article 2 of the Law on Excise trực tiếp bóng đá euro hôm nay, they are the type used for civilian purposes.

b) For votive items specified at Point k, Clause 1, Article 2 of the Law on Excise trực tiếp bóng đá euro hôm nay, it does not include votive items as children's toys, teaching tools.

c) For betting business specified at Point d, Clause 2, Article 2 of the Law on Excise trực tiếp bóng đá euro hôm nay, including: Sports betting, entertainment, and other forms of betting as regulated by law.

2. Objects subject to excise trực tiếp bóng đá euro hôm nay for goods specified in Clause 1, Article 2 of the Law on Excise trực tiếp bóng đá euro hôm nay are complete goods products, excluding component kits for assembling these goods.

Based on the above regulations, yachts are among the types of goods subject to excise trực tiếp bóng đá euro hôm nay.

Is buying a yacht subject to excise trực tiếp bóng đá euro hôm nay in Vietnam? (Image from the Internet)

What is the excise trực tiếp bóng đá euro hôm nay rate for buying a yacht in Vietnam?

Pursuant to the provisions of Article 4 of theLaw on Excise trực tiếp bóng đá euro hôm nay 2008regarding those liable for excise trực tiếp bóng đá euro hôm nay as follows:

- Those liable for excise trực tiếp bóng đá euro hôm nay are organizations, individuals producing, importing goods, and trading services subject to excise trực tiếp bóng đá euro hôm nay.

- In cases where organizations, individuals engage in export business, purchasing goods subject to excise trực tiếp bóng đá euro hôm nay from production facilities for export but do not export and instead consume domestically, then those organizations, individuals engaged in export business are liable for excise trực tiếp bóng đá euro hôm nay.

Accordingly, only organizations, individuals engaged in export business who buy yachts from other production facilities for export but do not export and consume domestically, then those organizations, individuals will have to pay excise trực tiếp bóng đá euro hôm nay.

How to determinetaxable price of excise trực tiếp bóng đá euro hôm nay for yachts in Vietnam?

The taxable price of excise trực tiếp bóng đá euro hôm nay for yachts is determined in Article 6 of theLaw on Excise trực tiếp bóng đá euro hôm nay 2008(amended by Clause 3, Article 1 of theLaw on Amendments to Law on Excise trực tiếp bóng đá euro hôm nay 2014, Clause 1, Article 2 of theAmended Value-Added trực tiếp bóng đá euro hôm nay Law, Law on Amendments to Law on Excise trực tiếp bóng đá euro hôm nay, and trực tiếp bóng đá euro hôm nay Administration Law 2016and the provision on exchange rates in determining taxable price was abolished by Point d, Clause 2, Article 6 of theLaw on Amendments to Law on Excise trực tiếp bóng đá euro hôm nay 2014) as follows:

The taxable price of excise trực tiếp bóng đá euro hôm nay for yachts is the service provision price not yet including excise trực tiếp bóng đá euro hôm nay, not yet including environmental protection trực tiếp bóng đá euro hôm nay, and not yet including value-added trực tiếp bóng đá euro hôm nay as regulated:

(i) For domestically produced yachts, imported yachts, it is the price at which the production facility, import facility sells.

In cases where yachts subject to excise trực tiếp bóng đá euro hôm nay are sold to commercial business establishments being a parent company, subsidiary company, or subsidiary companies within the same parent company with the production facility, import facility, or commercial business establishment being an associated enterprise, the excise trực tiếp bóng đá euro hôm nay price must not be lower than a certain percentage (%) compared to the average price at which commercial business establishments buy directly from the production facility, import facility for sale as regulated by the Government of Vietnam;

(ii) For imported yachts at the importation stage, it is the import price plus import trực tiếp bóng đá euro hôm nay.

+ In cases where imported yachts are exempted or reduced from import trực tiếp bóng đá euro hôm nay, the taxable price does not include the exempted, reduced import trực tiếp bóng đá euro hôm nay amount.

+ Yachts subject to excise trực tiếp bóng đá euro hôm nay imported are deducted the excise trực tiếp bóng đá euro hôm nay already paid at the import stage when determining the excise trực tiếp bóng đá euro hôm nay amount payable for reselling;

(iii) For processed yachts, the taxable price is the selling price of yachts of the processing consignor or the selling price of similar or equivalent products at the same time of sale;

(iv) For yachts sold on an installment, deferred payment basis, it is the selling price according to the one-time payment method for that product excluding installment interest, deferred interest;

(v) For yachts used for exchange, internal consumption, donation, gifting, the excise trực tiếp bóng đá euro hôm nay price is that of similar or equivalent yachts at the time these activities arise.

Note:

+ The taxable price of excise trực tiếp bóng đá euro hôm nay for yachts includes any additional charges collected (if any) that the business establishment is entitled to.

+ The taxable price is calculated in Vietnamese Dong. In cases where the taxpayer has revenue in foreign currency, it must be converted into Vietnamese Dong according to the average interbank foreign currency market exchange rate announced by the State Bank of Vietnam at the time revenue arises to determine the taxable price.