Is xoilac tv trực tiếp bóng đá hôm nay condolence money for employees deductible when calculating corporate income tax in Vietnam?
Is xoilac tv trực tiếp bóng đá hôm nay condolence money for employees deductible when calculating corporate income tax in Vietnam?
Based on Point 2.30, Clause 2, Article 6 ofCircular 78/2014/TT-BTC(as amended and supplemented by Article 4 ofCircular 96/2015/TT-BTCand Clause 4, Article 3 ofCircular 25/2018/TT-BTC), xoilac tv trực tiếp bóng đá hôm nay regulations are as follows:
Expenses that are deductible and non-deductible when determining taxable income
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2. Non-deductible expenses when determining taxable income include:
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Expenses not corresponding to taxable turnover, except for xoilac tv trực tiếp bóng đá hôm nay following expenses:
- Actual expenses for activities preventing and combating HIV/AIDS in xoilac tv trực tiếp bóng đá hôm nay workplace of an enterprise, including: Training costs for HIV/AIDS prevention and control staff of xoilac tv trực tiếp bóng đá hôm nay enterprise, costs of organizing communication about HIV/AIDS prevention for employees of xoilac tv trực tiếp bóng đá hôm nay enterprise, costs of consultation, examination, and HIV testing, costs supporting employees with HIV who are workers of xoilac tv trực tiếp bóng đá hôm nay enterprise.
- Actual costs for fulfilling xoilac tv trực tiếp bóng đá hôm nay duties of national defense education and security training, activities of xoilac tv trực tiếp bóng đá hôm nay self-defense militia, and serving other national defense and security tasks according to relevant legal regulations.
- Actual costs supporting Communist Party and socio-political organizations within xoilac tv trực tiếp bóng đá hôm nay enterprise.
- Expenses for vocational education and training activities for employees, including:
+ Costs paid to trainers, study materials, equipment used for vocational education activities, practice materials, and other costs supporting learners.
+ Training costs for employees recruited to work at xoilac tv trực tiếp bóng đá hôm nay enterprise
- Expenses of a welfare nature directly for employees such as: condolence money, wedding expenses of xoilac tv trực tiếp bóng đá hôm nay employee and their family; vacation expenses, support expenses for medical treatment; expenses supporting additional learning at educational institutions; support for employees' families affected by natural disasters, enemy sabotage, accidents, and illnesses; rewards for employees' children with good academic achievements; expenses supporting travel costs for holidays and Tet for employees; accident insurance, health insurance, other voluntary insurance for employees (except life insurance for employees, voluntary retirement insurance for employees as guided in Point 2.11 of this Article), and other welfare-related expenses. xoilac tv trực tiếp bóng đá hôm nay total welfare-related expenses mentioned above must not exceed one month's average actual salary implemented during xoilac tv trực tiếp bóng đá hôm nay tax year of xoilac tv trực tiếp bóng đá hôm nay enterprise.
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Therefore, based on xoilac tv trực tiếp bóng đá hôm nay above regulations, an enterprise's condolence money for employees is deductible when calculating corporate income tax, but must not exceed one month's average actual salary implemented during xoilac tv trực tiếp bóng đá hôm nay enterprise's tax year.
Is xoilac tv trực tiếp bóng đá hôm nay condolence money for employees deductible when calculating corporate income tax in Vietnam? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
How long is thetax period for xoilac tv trực tiếp bóng đá hôm nay conversion year in Vietnam?
Based on Clause 4, Article 3 ofCircular 78/2014/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay tax calculation method is regulated as follows:
Tax Calculation Method
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4. In case an enterprise changes its corporate income tax period (including changing xoilac tv trực tiếp bóng đá hôm nay tax period from xoilac tv trực tiếp bóng đá hôm nay calendar year to xoilac tv trực tiếp bóng đá hôm nay financial year or vice versa), xoilac tv trực tiếp bóng đá hôm nay corporate income tax period of xoilac tv trực tiếp bóng đá hôm nay conversion year does not exceed 12 months*. An enterprise in xoilac tv trực tiếp bóng đá hôm nay period of enjoying corporate income tax incentives and changing xoilac tv trực tiếp bóng đá hôm nay tax period can choose: To enjoy incentives in xoilac tv trực tiếp bóng đá hôm nay conversion tax year or pay tax at xoilac tv trực tiếp bóng đá hôm nay non-incentive tax rate for xoilac tv trực tiếp bóng đá hôm nay conversion tax year and enjoy incentives in xoilac tv trực tiếp bóng đá hôm nay following year.*
Example 1: Company A (Company A) uses xoilac tv trực tiếp bóng đá hôm nay calendar year for its corporate income tax period in 2013, and at xoilac tv trực tiếp bóng đá hôm nay beginning of 2014 decides to change to xoilac tv trực tiếp bóng đá hôm nay financial year from April 1 of this year to March 31 of xoilac tv trực tiếp bóng đá hôm nay following year. Thus, xoilac tv trực tiếp bóng đá hôm nay corporate income tax period for xoilac tv trực tiếp bóng đá hôm nay conversion year (2014 conversion year) is calculated from January 1, 2014, to March 31, 2014 (3 months), and xoilac tv trực tiếp bóng đá hôm nay corporate income tax period for xoilac tv trực tiếp bóng đá hôm nay following year (2014 financial year) is calculated from April 1, 2014, to March 31, 2015.
Example 2: In xoilac tv trực tiếp bóng đá hôm nay same scenario but Company A is enjoying corporate income tax incentives (tax exemption for 2 years, 50% tax reduction in xoilac tv trực tiếp bóng đá hôm nay next 4 years), starting from 2012, so Company A enjoys tax incentives as follows (tax-exempt in 2012, 2013; 50% tax reduction in 2014, 2015, 2016, 2017).
If xoilac tv trực tiếp bóng đá hôm nay enterprise chooses to reduce corporate income tax by 50% for xoilac tv trực tiếp bóng đá hôm nay conversion tax year 2014, it continues to reduce corporate income tax by 50% for xoilac tv trực tiếp bóng đá hôm nay next 3 tax years from xoilac tv trực tiếp bóng đá hôm nay 2014 financial year (financial year 2014 from 4/1/2014 to 3/31/2015) to xoilac tv trực tiếp bóng đá hôm nay end of xoilac tv trực tiếp bóng đá hôm nay 2016 financial year.
If xoilac tv trực tiếp bóng đá hôm nay enterprise chooses not to enjoy a 50% reduction in corporate income tax for xoilac tv trực tiếp bóng đá hôm nay conversion corporate income tax year 2014 (conversion tax year 2014 declared and paid according to xoilac tv trực tiếp bóng đá hôm nay non-incentive tax rate), it receives a 50% reduction from xoilac tv trực tiếp bóng đá hôm nay 2014 financial year (from 4/1/2014 to 3/31/2015) to xoilac tv trực tiếp bóng đá hôm nay end of xoilac tv trực tiếp bóng đá hôm nay 2017 financial year.
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Thus, based on xoilac tv trực tiếp bóng đá hôm nay above regulations, xoilac tv trực tiếp bóng đá hôm nay corporate income tax period of xoilac tv trực tiếp bóng đá hôm nay conversion year does not exceed 12 months.
When is xoilac tv trực tiếp bóng đá hôm nay time for determining turnover to calculate taxable income in Vietnam?
According to Clause 2, Article 5 ofCircular 78/2014/TT-BTC, as amended by Article 3 ofCircular 96/2015/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay time for determining turnover to calculate taxable corporate income is as follows:
- For goods selling activities, it is xoilac tv trực tiếp bóng đá hôm nay point of transferring ownership and usage rights of goods to xoilac tv trực tiếp bóng đá hôm nay buyer.
- For provisioning service activities, it is xoilac tv trực tiếp bóng đá hôm nay point of completing xoilac tv trực tiếp bóng đá hôm nay provision of services or completing each part of xoilac tv trực tiếp bóng đá hôm nay service provision to xoilac tv trực tiếp bóng đá hôm nay buyer, except as stated in Clause 3, Article 5 ofCircular 78/2014/TT-BTC, Clause 1, Article 6 ofCircular 119/2014/TT-BTC.
- For airline transportation activities, it is xoilac tv trực tiếp bóng đá hôm nay point of completing transporting services to xoilac tv trực tiếp bóng đá hôm nay buyer.
- Other cases follow legal regulations.
