Is the total of sales subject to personal xem bóng đá trực tiếp trên youtube in Vietnam?
Is the total of salessubject to personal xem bóng đá trực tiếp trên youtube in Vietnam?
Pursuant to Clause 2, Article 10 of theLaw on Personal xem bóng đá trực tiếp trên youtube 2007, as amended by Clause 4, Article 2 of theLaw Amending Tax Laws 2014, specific provisions regarding taxes for individuals doing business are as follows:
Tax on Individuals Doing Business
- Individuals doing business shall pay personal xem bóng đá trực tiếp trên youtube based on the turnover rate for each field, industry of production, and business.
- Turnover comprises the total of sales,processing fees, commissions, and service provisions incurred during the tax calculation period from business activities, production of goods, and provision of services.
In the event that an individual doing business cannot determine their turnover, the tax authority with appropriate jurisdiction shall determine turnover as regulated by the law on tax administration.
- Tax rates:
a) Distribution, supply of goods: 0.5%;
b) Services, construction without including material costs: 2%.
Particularly for activities such as asset leasing, insurance agency, lottery agency, and multi-level sales agency: 5%;
c) Manufacturing, transportation, services associated with goods, construction that includes material costs: 1.5%;
d) Other business activities: 1%.
Thus, according to the above regulation, total of sales is subject to personal xem bóng đá trực tiếp trên youtube.
What are regulations on personal xem bóng đá trực tiếp trên youtube calculation period in Vietnam?
Based on Article 7 of theLaw on Personal xem bóng đá trực tiếp trên youtube 2007, as amended by Clause 3, Article 1 of theAmended Law on Personal xem bóng đá trực tiếp trên youtube 2012, specific regulations on tax periods are as follows:
[1]The tax calculation period for resident individuals is regulated as follows:
- Annual tax calculation period applies to xem bóng đá trực tiếp trên youtube from business activities; xem bóng đá trực tiếp trên youtube from wages and salaries;
- Tax calculation period based on each time xem bóng đá trực tiếp trên youtube arises applies to xem bóng đá trực tiếp trên youtube from capital investment; xem bóng đá trực tiếp trên youtube from capital transfers, except xem bóng đá trực tiếp trên youtube from securities transfers; xem bóng đá trực tiếp trên youtube from real estate transfers; xem bóng đá trực tiếp trên youtube from winnings; xem bóng đá trực tiếp trên youtube from copyright; xem bóng đá trực tiếp trên youtube from franchising; xem bóng đá trực tiếp trên youtube from inheritance; xem bóng đá trực tiếp trên youtube from gifts;
- Tax calculation period based on each securities transfer or annually applies to xem bóng đá trực tiếp trên youtube from securities transfers.
[2]The tax calculation period for non-resident individuals is calculated for each time xem bóng đá trực tiếp trên youtube arises from all taxable xem bóng đá trực tiếp trên youtube.
What Income is exempt from personal xem bóng đá trực tiếp trên youtube in Vietnam?
According to Article 4 of theLaw on Personal xem bóng đá trực tiếp trên youtube 2007, supplemented by Clause 3, Article 2 of theLaw Amending Tax Laws 2014and amended by Clause 2, Article 1 of theAmended Law on Personal xem bóng đá trực tiếp trên youtube 2012, the exempt income from personal xem bóng đá trực tiếp trên youtube includes:
- xem bóng đá trực tiếp trên youtube from real estate transfers between spouses; biological parents and children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; grandparents and grandchildren; siblings.
- xem bóng đá trực tiếp trên youtube from the transfer of residential housing, residential land use rights, and assets attached to residential land of individuals who possess only one house or residential land.
- xem bóng đá trực tiếp trên youtube from the value of land use rights allocated by the State.
- xem bóng đá trực tiếp trên youtube from inheritance, gifts that are real estate, between spouses; biological parents and children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; grandparents and grandchildren; siblings.
- xem bóng đá trực tiếp trên youtube of households and individuals directly producing agriculture, forestry, salt making, aquaculture, and fisheries not yet processed into other products or only through preliminary processing.
- xem bóng đá trực tiếp trên youtube from the conversion of agricultural land by households and individuals granted by the State for production.
- xem bóng đá trực tiếp trên youtube from interest on deposits at credit institutions, interest from life insurance contracts.
- xem bóng đá trực tiếp trên youtube from remittances.
- Wages paid for night shifts, overtime, paid higher than day shifts, and work time as prescribed by law.
- Retirement pensions paid by the Social Insurance Fund; voluntary pension paid monthly.
- xem bóng đá trực tiếp trên youtube from scholarships, including:
+ Scholarships from the state budget;
+ Scholarships from domestic and foreign organizations under training support programs.
- xem bóng đá trực tiếp trên youtube from compensation from life and non-life insurance contracts, work accident compensation, state compensation, and other compensations as prescribed by law.
- xem bóng đá trực tiếp trên youtube received from charitable funds established or recognized by state agencies with authority, operating for charitable, humanitarian purposes, not for profit.
- xem bóng đá trực tiếp trên youtube received from foreign aid for charitable, humanitarian purposes in government and non-government forms approved by competent state agencies.
- xem bóng đá trực tiếp trên youtube from wages and salaries of Vietnamese crew members working for foreign ships or Vietnamese ships engaged in international transport.
- xem bóng đá trực tiếp trên youtube of individuals who are ship owners, individuals with ship use rights, and individuals working on ships from activities directly providing goods and services for offshore fishing, exploitation activities.
