Do individuals who fish xem bóng đá trực tiếp nhà cái sell on their own have to pay value-added tax in Vietnam?
Do individuals who fish xem bóng đá trực tiếp nhà cái sell on their own have to pay value-added tax in Vietnam?
Based on Clause 1, Article 4 ofCircular 219/2013/TT-BTC, as amended by Clause 1, Article 1 ofCircular 26/2015/TT-BTC, it is stipulated as follows:
Subjects not subject to VAT
1. Products from cultivation (including plantation forest products), animal husbandry, aquaculture, catch, which have not been processed into other products or only undergone ordinary processing by organizations xem bóng đá trực tiếp nhà cái individuals self-produced, caught, sold out xem bóng đá trực tiếp nhà cái at the import stage.
Products that have only undergone ordinary processing are those that have been cleaned, dried, shelled, milled, hulled, polished, seed-separated, stem-separated, cut, salted, cold-stored (refrigerated, frozen), preserved with sulfur gases, preserved with chemicals to prevent decay, soaked in sulfur solutions, or other preservatives, xem bóng đá trực tiếp nhà cái other ordinary preservation forms.
Example 2: Company A signs a contract to raise pigs with Company B in which Company B provides Company A with piglets, feed, xem bóng đá trực tiếp nhà cái veterinary drugs. Company A delivers xem bóng đá trực tiếp nhà cái sells pork products to Company B. The pig raising fee received from Company B xem bóng đá trực tiếp nhà cái the pork products Company A delivers xem bóng đá trực tiếp nhà cái sells to Company B are not subject to VAT.
The pork products that Company B receives back from Company A: if Company B sells the whole pigs or fresh pork meat, the sold products are not subject to VAT. If Company B processes the pork into products such as sausages, smoked meat, or other processed products, the sold products are subject to VAT as stipulated.
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Thus,according to the above regulation, individuals who fish xem bóng đá trực tiếp nhà cái sell on their own are not subject to value-added tax xem bóng đá trực tiếp nhà cái therefore do not have to pay tax.
Do individuals who fish xem bóng đá trực tiếp nhà cái sell on their own have to pay value-added tax in Vietnam? (Image from the Internet)
Are products from fish subject to value-added tax in Vietnam?
Based on Article 2 ofCircular 219/2013/TT-BTC, it is stipulated that the subjects subject to value-added tax (VAT) are goods xem bóng đá trực tiếp nhà cái services used for production, business, xem bóng đá trực tiếp nhà cái consumption in Vietnam (including goods xem bóng đá trực tiếp nhà cái services purchased from organizations xem bóng đá trực tiếp nhà cái individuals abroad), excluding the subjects not subject to VAT guided in Article 4 of this Circular.
Thus,consumer goods are also among the subjects subject to value-added tax.
However, excluding the subjects not subject to VAT guided in Article 4 ofCircular 219/2013/TT-BTC.
Can households be value-added tax payers in Vietnam?
Based on Article 3 ofCircular 219/2013/TT-BTC, it is stipulated as follows:
Taxpayers
VAT payers are organizations xem bóng đá trực tiếp nhà cái individuals producing xem bóng đá trực tiếp nhà cái trading goods xem bóng đá trực tiếp nhà cái services subject to VAT in Vietnam, regardless of industry, form, or business organization (hereinafter referred to as business establishments) xem bóng đá trực tiếp nhà cái organizations xem bóng đá trực tiếp nhà cái individuals importing goods or purchasing services from abroad subject to VAT (hereinafter referred to as importers), including:
1. Business organizations established xem bóng đá trực tiếp nhà cái registered under the Law on Enterprises, the Law on State Enterprises (now the Law on Enterprises), the Law on Cooperatives xem bóng đá trực tiếp nhà cái other specialized business laws;
2. Economic organizations of political organizations, socio-political organizations, social organizations, socio-professional organizations, armed forces units, career organizations, xem bóng đá trực tiếp nhà cái other organizations;
3. Enterprises with foreign investment xem bóng đá trực tiếp nhà cái foreign parties participating in business cooperation under the Foreign Investment Law in Vietnam (now the Investment Law); organizations xem bóng đá trực tiếp nhà cái individuals abroad conducting business activities in Vietnam but not establishing a legal entity in Vietnam;
4. Individuals, households, groups of independent businesspeople, xem bóng đá trực tiếp nhà cái other entities engaged in production, business, or import activities;
5. Organizations xem bóng đá trực tiếp nhà cái individuals producing xem bóng đá trực tiếp nhà cái trading in Vietnam that purchase services (including cases where services are associated with goods) from foreign organizations without a permanent establishment in Vietnam, non-resident foreign individuals; in this case, the organization or individual purchasing services is the taxpayer, except in cases where tax declaration, calculation, xem bóng đá trực tiếp nhà cái payment are not required as guided in Clause 2, Article 5 of this Circular.
Provisions on permanent establishments xem bóng đá trực tiếp nhà cái non-resident entities are implemented according to the law on corporate income tax xem bóng đá trực tiếp nhà cái the law on personal income tax.
6. Branches of export processing enterprises established to engage in the purchase xem bóng đá trực tiếp nhà cái sale of goods xem bóng đá trực tiếp nhà cái activities directly related to the purchase xem bóng đá trực tiếp nhà cái sale of goods in Vietnam under regulations on industrial zones, export processing zones, xem bóng đá trực tiếp nhà cái economic zones.
Example 1: Sanko Co., Ltd. is an export processing enterprise. Besides the export production activities, Sanko Co., Ltd. is also licensed to exercise the right to import for resale or for export, xem bóng đá trực tiếp nhà cái must establish a branch to carry out these activities according to the law. The branch must keep separate accounts xem bóng đá trực tiếp nhà cái declare xem bóng đá trực tiếp nhà cái pay VAT separately for these activities, not including them in export production activities.
When importing goods for distribution (resale), the Branch of Sanko Co., Ltd. declares xem bóng đá trực tiếp nhà cái pays VAT at the import stage xem bóng đá trực tiếp nhà cái when selling (including export), Sanko Co., Ltd. uses invoices, declares, xem bóng đá trực tiếp nhà cái pays VAT in accordance with the law.
Thus,according to the regulations, households are among the entities that are value-added tax payers.
