How to determine lịch trực tiếp bóng đá hôm nay VAT taxable price for goods and services used for promotions in Vietnam?
How to determine lịch trực tiếp bóng đá hôm nay VAT taxable price for goods and services used for promotions in Vietnam?
Pursuant to Clause 2, Article 4 ofDecree 209/2013/ND-CP, lịch trực tiếp bóng đá hôm nay regulation on VAT taxable price is as follows:
Taxable Price
lịch trực tiếp bóng đá hôm nay taxable price is carried out according to lịch trực tiếp bóng đá hôm nay provisions of Article 7 of lịch trực tiếp bóng đá hôm nay Law on Value-added Tax and Clause 2, Article 1 of lịch trực tiếp bóng đá hôm nay Law amending and supplementing certain articles of lịch trực tiếp bóng đá hôm nay Law on Value-added Tax.
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- For goods and services used for exchange, internal consumption, donation, or gifting, lịch trực tiếp bóng đá hôm nay VAT taxable price is lịch trực tiếp bóng đá hôm nay price of similar or equivalent goods and services at lịch trực tiếp bóng đá hôm nay time of exchange, internal consumption, donation, or gifting. In particular, lịch trực tiếp bóng đá hôm nay taxable price is zero (0) for giving invitation cards (without charge) to performances, fashion shows, beauty contests, and sports competitions that are permitted by competent state authorities in accordance with lịch trực tiếp bóng đá hôm nay law.
For goods and services used for promotions in accordance with commercial law, lịch trực tiếp bóng đá hôm nay taxable price is determined to be zero (0);in cases where goods and services are used for promotions but not executed in accordance with commercial law, they must be declared and taxed as goods and services used for internal consumption, donation, or gifting.
lịch trực tiếp bóng đá hôm nay goods and services for internal consumption as stipulated in this Clause are those produced or supplied by lịch trực tiếp bóng đá hôm nay business entity for consumption, excluding goods and services used to continue lịch trực tiếp bóng đá hôm nay production and business process of lịch trực tiếp bóng đá hôm nay entity.
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According to lịch trực tiếp bóng đá hôm nay above regulation, lịch trực tiếp bóng đá hôm nay VAT taxable price for goods and services used for promotions in accordance with commercial law is determined to be zero (0).
What are lịch trực tiếp bóng đá hôm nay conditions for input VAT deduction in Vietnam?
According to Clause 2, Article 13 of lịch trực tiếp bóng đá hôm nay2008 Law on Value-added Tax, amended by Clause 6, Article 1 of lịch trực tiếp bóng đá hôm nay2013 Law Amending lịch trực tiếp bóng đá hôm nay Law on Value-added Tax, lịch trực tiếp bóng đá hôm nay conditions for input value-added tax deduction are:
- Have a value-added tax invoice for purchased goods or services or proof of payment of value-added tax at lịch trực tiếp bóng đá hôm nay importation stage;
- Have non-cash payment documents for purchased goods and services, except for goods and services purchased on a per-time basis with a value of less than twenty million VND;
- For exported goods and services, in addition to lịch trực tiếp bóng đá hôm nay above conditions, there must be: a signed contract with lịch trực tiếp bóng đá hôm nay foreign party for lịch trực tiếp bóng đá hôm nay sale, processing of goods, or provision of services; sales invoice for goods and services; non-cash payment documents; customs declaration for exported goods.
Payment for exported goods and services in form of offsetting between exported goods and services and imported goods and services, or debt repayment on behalf of lịch trực tiếp bóng đá hôm nay State, is considered as non-cash payment.
What are regulations onVAT deduction method in Vietnam?
Pursuant to Article 7 ofDecree 209/2013/ND-CP, lịch trực tiếp bóng đá hôm nay VAT deduction method is regulated as follows:
- lịch trực tiếp bóng đá hôm nay payable value-added tax is calculated by lịch trực tiếp bóng đá hôm nay deduction method, which is lịch trực tiếp bóng đá hôm nay output value-added tax minus (-) lịch trực tiếp bóng đá hôm nay deductible input value-added tax.
- lịch trực tiếp bóng đá hôm nay output value-added tax is lịch trực tiếp bóng đá hôm nay total value-added tax amount of goods and services sold as recorded on lịch trực tiếp bóng đá hôm nay value-added tax invoice.
+ lịch trực tiếp bóng đá hôm nay value-added tax recorded on lịch trực tiếp bóng đá hôm nay value-added tax invoice equals lịch trực tiếp bóng đá hôm nay taxable price of lịch trực tiếp bóng đá hôm nay goods and services sold multiplied (x) by lịch trực tiếp bóng đá hôm nay value-added tax rate of those goods and services.
+ In cases where payment documents indicating a price including value-added tax are used, lịch trực tiếp bóng đá hôm nay output value-added tax is determined by taking lịch trực tiếp bóng đá hôm nay payment price minus (-) lịch trực tiếp bóng đá hôm nay taxable price determined according to Point k, Clause 1, Article 7 of lịch trực tiếp bóng đá hôm nay2008 Law on Value-added Tax.
- lịch trực tiếp bóng đá hôm nay deductible input value-added tax is determined based on:
+ lịch trực tiếp bóng đá hôm nay value-added tax as recorded on lịch trực tiếp bóng đá hôm nay value-added tax invoice for purchased goods and services; payment proof of value-added tax for imported goods or tax payment for purchased services as stipulated in Clause 2, Article 2 ofDecree 209/2013/ND-CP.
In cases where purchased goods and services use payment documents indicating prices including value-added tax, lịch trực tiếp bóng đá hôm nay deductible input value-added tax is determined by taking lịch trực tiếp bóng đá hôm nay payment price minus (-) lịch trực tiếp bóng đá hôm nay taxable price stipulated at Point k, Clause 1, Article 7 of lịch trực tiếp bóng đá hôm nay2008 Law on Value-added Tax.
- lịch trực tiếp bóng đá hôm nay conditions for input value-added tax deduction are performed in accordance with Clause 2, Article 9 ofDecree 209/2013/ND-CP.
- lịch trực tiếp bóng đá hôm nay deduction method is applied to:
+ Business entities that are operating with annual revenue from lịch trực tiếp bóng đá hôm nay sale of goods and provision of services reaching one billion VND or more and that comply fully with lịch trực tiếp bóng đá hôm nay policies on accounting, invoices, and documents as per lịch trực tiếp bóng đá hôm nay provisions of lịch trực tiếp bóng đá hôm nay law on accounting, invoices, and documents, except for households and individuals paying tax directly as stipulated in Article 8 ofDecree 209/2013/ND-CP.
+ lịch trực tiếp bóng đá hôm nay stable application period for lịch trực tiếp bóng đá hôm nay tax calculation method is two consecutive years.
+ lịch trực tiếp bóng đá hôm nay Ministry of Finance guides lịch trực tiếp bóng đá hôm nay calculation of revenue to determine lịch trực tiếp bóng đá hôm nay business entities that pay value-added tax by lịch trực tiếp bóng đá hôm nay deduction method and lịch trực tiếp bóng đá hôm nay stable application period for lịch trực tiếp bóng đá hôm nay tax calculation method.
- Business entities registered voluntarily to apply lịch trực tiếp bóng đá hôm nay deduction method include:
+ Enterprises and cooperatives that are active with annual revenue from lịch trực tiếp bóng đá hôm nay sale of goods and provision of services less than one billion VND, which have fulfilled lịch trực tiếp bóng đá hôm nay policies on accounting, bookkeeping, invoices, and documents as per lịch trực tiếp bóng đá hôm nay provisions of lịch trực tiếp bóng đá hôm nay law on accounting, invoices, and documents;
+ Enterprises newly established from investment projects of business entities currently subject to lịch trực tiếp bóng đá hôm nay value-added tax deduction method;
+ Newly established enterprises and cooperatives investing in or purchasing fixed assets, machinery, equipment, and foreign organizations and individuals conducting business in Vietnam under contractor agreements and sub-contractor agreements as guided by lịch trực tiếp bóng đá hôm nay Ministry of Finance;
+ Other economic organizations that can account for lịch trực tiếp bóng đá hôm nay input and output value-added tax.
- Foreign entities and individuals providing goods and services to carry out oil and gas exploration, exploitation, and development operations submit tax via lịch trực tiếp bóng đá hôm nay deduction method, as declared by lịch trực tiếp bóng đá hôm nay Vietnamese side on their behalf.
In cases where business entities have gold, silver, and gemstone purchase, sale, and processing activities, they must account for these activities separately to submit tax by lịch trực tiếp bóng đá hôm nay direct pricing method on increased values as stipulated in Clause 1, Article 8 ofDecree 209/2013/ND-CP.
