From July 1, 2025, how will business establishment sells goods or services with different VAT rates determine xem bóng đá trực tiếp vtv2 VAT rates in Vietnam?
From July 1, 2025, how will business establishment sells goods or services with different VAT rates determine xem bóng đá trực tiếp vtv2 VAT rates in Vietnam?
Based on Clause 4, Article 9 of xem bóng đá trực tiếp vtv22024 Law on Value-Added Tax (VAT)(effective from July 1, 2025) that stipulates xem bóng đá trực tiếp vtv2 VAT rates as follows:
Tax Rates
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- business establishment sells goods or services with different VAT rates (including non-VAT applicable sectors) must declare VAT at each rate specified for each type of goods and services; if businesses do not determine according to each rate, they must calculate and pay VAT at xem bóng đá trực tiếp vtv2 highest rate applicable to xem bóng đá trực tiếp vtv2 goods and services produced and operated by xem bóng đá trực tiếp vtv2 business.
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Thus, from when xem bóng đá trực tiếp vtv2Luật Thuế giá trị trực tiếpbecomes effective on January 1, 2025, business establishment sells goods or services with different VAT rates (including non-VAT applicable sectors) must declare VAT according to each rate specified for each type of goods and services.
In cases where businesses do not determine according to each rate, they must calculate and pay VAT at xem bóng đá trực tiếp vtv2 highest rate applicable to xem bóng đá trực tiếp vtv2 goods and services that xem bóng đá trực tiếp vtv2 business produces and operates.
From July 1, 2025, how will business establishment sells goods or services with different VAT rates determine xem bóng đá trực tiếp vtv2 VAT rates in Vietnam?(Image from xem bóng đá trực tiếp vtv2 Internet)
Which entities areVAT payers in Vietnamfrom July 1, 2025?
Based on Article 4 of xem bóng đá trực tiếp vtv22024 Law on Value-Added Tax(effective from July 1, 2025) regarding VAT payers as follows:
- Organizations, households, and individuals producing and trading goods and services subject to value-added tax (hereinafter referred to as business establishments).
- Organizations and individuals importing goods subject to value-added tax (hereinafter referred to as importers).
- Organizations and individuals producing and trading in Vietnam that purchase services (including services associated with goods) from foreign organizations without permanent establishments in Vietnam, non-resident individuals abroad, except for cases specified in Clauses 4 and 5 of this Article; organizations producing and trading in Vietnam purchase goods and services for conducting activities like exploration and exploitation of oil and gas fields of foreign organizations without permanent establishments in Vietnam, non-resident individuals abroad.
- Foreign suppliers without permanent establishments in Vietnam conducting e-commerce and digital platform-based business with organizations and individuals in Vietnam (hereinafter referred to as foreign suppliers); organizations managing foreign digital platforms implement withholding tax obligations on behalf of foreign suppliers; organizations conducting business in Vietnam applying xem bóng đá trực tiếp vtv2 value-added tax calculation method by xem bóng đá trực tiếp vtv2 deduction method purchase services from foreign suppliers without permanent establishments in Vietnam through e-commerce channels or digital platforms implement withholding tax obligations on behalf of xem bóng đá trực tiếp vtv2 foreign suppliers.
- Organizations managing e-commerce trading platforms, digital platforms with payment functions, implementing withholding taxes on behalf, declaring xem bóng đá trực tiếp vtv2 withheld tax for business households, and individuals conducting business on e-commerce platforms, digital platforms.
According to xem bóng đá trực tiếp vtv2 new regulations, when is xem bóng đá trực tiếp vtv2 time for determination of VAT for goods and services in Vietnam?
Based on Article 8 of xem bóng đá trực tiếp vtv22024 Law on Value-Added Tax(effective from July 1, 2025), xem bóng đá trực tiếp vtv2 time of determination for value-added tax is stipulated as follows:
- For goods, it is xem bóng đá trực tiếp vtv2 time of transferring ownership or xem bóng đá trực tiếp vtv2 right to use goods to xem bóng đá trực tiếp vtv2 buyer or xem bóng đá trực tiếp vtv2 time of issuing xem bóng đá trực tiếp vtv2 invoice, irrespective of whether xem bóng đá trực tiếp vtv2 payment has been collected or not;
- For services, it is xem bóng đá trực tiếp vtv2 time of completion of xem bóng đá trực tiếp vtv2 service provision or xem bóng đá trực tiếp vtv2 time of issuing xem bóng đá trực tiếp vtv2 service provision invoice, irrespective of whether xem bóng đá trực tiếp vtv2 payment has been collected or not.
- xem bóng đá trực tiếp vtv2 Government of Vietnam prescribes in detail xem bóng đá trực tiếp vtv2 timing of VAT determination for goods and services, including: Export goods, import goods; Telecommunication services; Insurance business services; Electricity supply activities, electricity production activities, clean water services; Real estate business activities; Construction and installation activities, and oil and gas activities.
