How to calculate personal vtv5 trực tiếp bóng đá hôm nay from franchise transfer in Vietnam?
Which incomes are subject to tax from franchise transfer in Vietnam?
Based on Clause 8, Article 2 ofCircular 111/2013/TT-BTC, vtv5 trực tiếp bóng đá hôm nay from franchise transfer includes incomes received by individuals from franchise contracts, including the transfer of franchise rights in accordance with the law on franchising.
Article 284 of theCommercial Law 2005specifically states:
Franchise is a commercial activity whereby the franchisor allows and requires the franchisee to conduct the purchase and sale of goods or provision of services under the following conditions:
- The purchase and sale of goods or provision of services are conducted according to the business organization method specified by the franchisor and associated with the franchisor's trademark, trade name, business secrets, business slogan, business symbols, or advertising.
- The franchisor has the right to control and assist the franchisee in operating the business.
How to calculate personal vtv5 trực tiếp bóng đá hôm nay from franchise transfer in Vietnam? (Image from the Internet)
How to calculate personal vtv5 trực tiếp bóng đá hôm nay from franchise transfer for non-resident individuals in Vietnam?
Based on Clause 2, Article 22 ofCircular 111/2013/TT-BTCregarding personal vtv5 trực tiếp bóng đá hôm nay calculation from franchise transfer for resident and non-resident individuals:
Regarding vtv5 trực tiếp bóng đá hôm nay from royalties, franchise transfers
1. Tax on vtv5 trực tiếp bóng đá hôm nay from royalties
a) Tax on vtv5 trực tiếp bóng đá hôm nay from royalties of non-resident individuals is determined by the portion of vtv5 trực tiếp bóng đá hôm nay exceeding 10 million VND per contract of transfer or license of intellectual property rights or technology transfer in Vietnam multiplied by a tax rate of 5%.
vtv5 trực tiếp bóng đá hôm nay from royalties is determined as guided in Clause 1, Article 13 of this Circular.
b) The point of time to determine the vtv5 trực tiếp bóng đá hôm nay from royalties is when the organization or individual pays royalties to the non-resident taxpayer.
2. Tax on vtv5 trực tiếp bóng đá hôm nay from franchise transfers
a) Tax on vtv5 trực tiếp bóng đá hôm nay from franchise transfers of non-resident individuals is determined by the portion of vtv5 trực tiếp bóng đá hôm nay exceeding 10 million VND per franchise contract in Vietnam multiplied by a tax rate of 5%.
vtv5 trực tiếp bóng đá hôm nay from franchise transfers is determined as guided in Clause 1, Article 14 of this Circular.
b) The point of time to determine the taxable vtv5 trực tiếp bóng đá hôm nay from the franchise transfer is when the franchisee pays the franchise fee to the franchisor.
Therefore, personal vtv5 trực tiếp bóng đá hôm nay from franchise transfers for non-resident individuals is calculated as follows:
Personal vtv5 trực tiếp bóng đá hôm nay payable = Taxable income from franchise transfer x Tax rate of 5%.
In which:
- Taxable vtv5 trực tiếp bóng đá hôm nay from franchise transfer is the portion of vtv5 trực tiếp bóng đá hôm nay exceeding 10 million VND per franchise contract, regardless of the number of payments or the number of times the taxpayer receives money.
- The point of time to determine the taxable vtv5 trực tiếp bóng đá hôm nay from the franchise transfer is when the franchise fee payment is made between the franchisee and the franchisor.
How to calculate personal vtv5 trực tiếp bóng đá hôm nay from franchise transfer for resident individuals in Vietnam?
According to Article 14 ofCircular 111/2013/TT-BTCregarding personal vtv5 trực tiếp bóng đá hôm nay for resident individuals:
Basis for tax calculation on vtv5 trực tiếp bóng đá hôm nay from franchise transfer
The basis for tax calculation on vtv5 trực tiếp bóng đá hôm nay from franchise transfer is taxable vtv5 trực tiếp bóng đá hôm nay and tax rate.
1. Taxable vtv5 trực tiếp bóng đá hôm nay
Taxable vtv5 trực tiếp bóng đá hôm nay from franchise transfer is the portion of vtv5 trực tiếp bóng đá hôm nay exceeding 10 million VND per franchise contract, regardless of the number of payments or the number of times the taxpayer receives money.
In case it is the same object of franchise rights but the transfer is executed by many contracts, the taxable vtv5 trực tiếp bóng đá hôm nay is the portion exceeding 10 million VND calculated on the total contracts for franchise transfer.
2. Tax rate
The personal vtv5 trực tiếp bóng đá hôm nay rate on income from franchise transfer is uniformly applied at 5%.
3. Point of time to determine taxable vtv5 trực tiếp bóng đá hôm nay
The point of time to determine taxable vtv5 trực tiếp bóng đá hôm nay from the franchise transfer is when the payment for franchise transfer is made between the franchisee and the franchisor.
4. Tax calculation method
Personal vtv5 trực tiếp bóng đá hôm nay payable = Taxable income x Tax rate of 5%.
Personal vtv5 trực tiếp bóng đá hôm nay from franchise transfers for resident individuals is calculated as follows:
Personal vtv5 trực tiếp bóng đá hôm nay payable = Taxable income from franchise transfer x Tax rate of 5%.
In which:
Taxable vtv5 trực tiếp bóng đá hôm nay from franchise transfer is the portion of vtv5 trực tiếp bóng đá hôm nay exceeding 10 million VND per franchise contract, regardless of the number of payments or the number of times the taxpayer receives money.
In case it is the same object of franchise rights but the transfer is executed by many contracts, the taxable vtv5 trực tiếp bóng đá hôm nay is the portion exceeding 10 million VND calculated on the total contracts for franchise transfer.
