Vietnam: Shall household businesses in construction having a total revenue in trực tiếp bóng đá việt nam hôm nay preceding year of at least 3 billion VND declare taxes under periodic declarations?

Vietnam: Shall household businesses in construction having a total revenue in trực tiếp bóng đá việt nam hôm nay preceding year of at least 3 billion VND declaretaxes under periodic declarations?

Based on Clause 1, Article 5 ofCircular No. 40/2021/TT-BTCguiding value-added tax, personal income tax, and tax administration for household businesses and individuals issued by trực tiếp bóng đá việt nam hôm nay Minister of Finance of Vietnam, trực tiếp bóng đá việt nam hôm nay regulations are as follows:

Tax calculation method for household businesses and individuals paying taxes under periodic declarations

1. trực tiếp bóng đá việt nam hôm nay declaration method applies to large-scale household businesses and individuals; and household businesses and individuals not meeting trực tiếp bóng đá việt nam hôm nay large-scale criteria but choose to pay taxes under periodic declarations.

2. Household businesses and individuals paying taxes under periodic declarations declare taxes monthly, except for newly commenced businesses or those meeting quarterly tax declaration criteria and choosing to declare tax quarterly as stipulated in Article 9 of Decree No. 126/2020/ND-CP dated October 19, 2020, of trực tiếp bóng đá việt nam hôm nay Government of Vietnam.

3. Household businesses and individuals paying taxes under periodic declarations, if determining taxable revenue not in line with reality, trực tiếp bóng đá việt nam hôm nay tax authority will impose taxable revenue as per trực tiếp bóng đá việt nam hôm nay provisions of Article 50 of trực tiếp bóng đá việt nam hôm nay Law on Tax Administration.

4. Household businesses and individuals paying taxes under periodic declarations must comply with policies on accounting, invoices, and documentation unless they operate in fields or occupations where revenue can be determined by trực tiếp bóng đá việt nam hôm nay competence of an authority.

5. Household businesses and individuals paying taxes under periodic declarations are not required to finalize taxes.

Thus, trực tiếp bóng đá việt nam hôm nay declaration method is applied to large-scale household businesses and individuals; and those who choose trực tiếp bóng đá việt nam hôm nay declaration method even if they do not meet trực tiếp bóng đá việt nam hôm nay large-scale criteria.

Therefore, in trực tiếp bóng đá việt nam hôm nay construction field, even if total revenue from trực tiếp bóng đá việt nam hôm nay previous year is less than 3 billion VND (not meeting trực tiếp bóng đá việt nam hôm nay large-scale criteria), they can still choose to pay taxes using trực tiếp bóng đá việt nam hôm nay declaration method.

Vietnam: Shall household businesses in construction having a total revenue in trực tiếp bóng đá việt nam hôm nay preceding year of at least 3 billion VND declare taxes under periodic declarations?(Image from trực tiếp bóng đá việt nam hôm nay Internet)

Shall an individualtransferring Vietnam’s top-level domains need to adhere to accounting policies?

Based on Clause 3, Article 6 ofCircular No. 40/2021/TT-BTCguiding value-added tax, personal income tax, and tax administration for household businesses and individuals issued by trực tiếp bóng đá việt nam hôm nay Minister of Finance of Vietnam, trực tiếp bóng đá việt nam hôm nay regulations are as follows:

Tax calculation method for individuals paying taxes under separate declarations

1. trực tiếp bóng đá việt nam hôm nay tax declaration method under separate declarations applies to individuals with irregular business activities and no fixed business location. Irregular business activities are identified based on trực tiếp bóng đá việt nam hôm nay nature of production and business activities of each field or sector, and individuals determine this themselves in choosing trực tiếp bóng đá việt nam hôm nay tax declaration method as guided by this Circular. Fixed business locations are places where individuals conduct production and business activities such as transaction locations, stores, workshops, warehouses, stations, or similar places.

2. Individuals paying taxes under separate declarations include:

a) Mobile business individuals;

b) Individuals who are private construction contractors;

c) Individuals transferring national internet domain names of Vietnam ".vn";

d) Individuals earning income from digital content services if not choosing to pay taxes under periodic declarations.

3. Individuals paying taxes under separate declarations are not required to adhere to accounting policies, but must maintain invoices, documents, contracts, and records proving lawful goods and services, which must be presented with tax returns under separate declarations.

4. Individuals paying taxes under separate declarations declare taxes when taxable revenue arises.

Therefore, individuals paying taxes under separate declarations are not required to adhere to accounting policies. In trực tiếp bóng đá việt nam hôm nay case of transferring a national internet domain name of Vietnam ".vn," they are not required to adhere to accounting policies but must maintain invoices, documents, contracts, and other records that prove lawful goods and services, and present them with tax returns under separate declarations.

What are regulations ontax administration for individuals paying taxes under separate declarations in Vietnam?

Based on Article 12 ofCircular No. 40/2021/TT-BTCtrực tiếp bóng đá việt nam hôm nay tax administration regulations for individuals paying taxes under separate declarations are as follows:

- Tax return dossier

trực tiếp bóng đá việt nam hôm nay tax return dossier for individuals paying taxes under separate declarations is specified at point 8.3, Appendix I - List of tax return dossiers issued together with Decree No. 126/2020/ND-CP dated October 19, 2020, of trực tiếp bóng đá việt nam hôm nay Government of Vietnam. To be specific:

a) Tax declaration form for household businesses and individuals according to form No. 01/CNKD issued together with this Circular;

b) Documents accompanying trực tiếp bóng đá việt nam hôm nay tax return dossier under separate declarations include:

- Copy of trực tiếp bóng đá việt nam hôm nay economic contract for trực tiếp bóng đá việt nam hôm nay supply of goods and services;

- Copy of trực tiếp bóng đá việt nam hôm nay acceptance report and liquidation of trực tiếp bóng đá việt nam hôm nay contract;

- Copy of documents proving trực tiếp bóng đá việt nam hôm nay origin of trực tiếp bóng đá việt nam hôm nay goods, such as: Purchase list of agricultural products if they are domestic agricultural products; Purchase list of traded goods, border resident exchanges if imported by border residents; Sellers’ invoices if imported goods are purchased from domestic business organizations or individuals; related documents to prove if trực tiếp bóng đá việt nam hôm nay goods are self-produced by trực tiếp bóng đá việt nam hôm nay individual; ...

Tax authorities have trực tiếp bóng đá việt nam hôm nay right to request trực tiếp bóng đá việt nam hôm nay presentation of originals to compare and confirm trực tiếp bóng đá việt nam hôm nay accuracy of trực tiếp bóng đá việt nam hôm nay copies with trực tiếp bóng đá việt nam hôm nay originals.

- Place for submitting trực tiếp bóng đá việt nam hôm nay tax return dossier

trực tiếp bóng đá việt nam hôm nay location for submitting trực tiếp bóng đá việt nam hôm nay tax return dossier for individuals paying taxes under separate declarations is specified in Clause 1, Article 45 of trực tiếp bóng đá việt nam hôm nay Law on Tax Administration. To be specific:

a) For mobile business cases, trực tiếp bóng đá việt nam hôm nay tax return dossier is submitted at trực tiếp bóng đá việt nam hôm nay Tax Department managing trực tiếp bóng đá việt nam hôm nay location where trực tiếp bóng đá việt nam hôm nay individual conducts business activities.

b) For individuals earning income from digital content services, trực tiếp bóng đá việt nam hôm nay tax return dossier is submitted at trực tiếp bóng đá việt nam hôm nay Tax Department managing trực tiếp bóng đá việt nam hôm nay individual’s place of residence (permanent or temporary residence).

c) For individuals earning income from transferring national internet domain names of Vietnam ".vn", trực tiếp bóng đá việt nam hôm nay tax return dossier is submitted at trực tiếp bóng đá việt nam hôm nay Tax Department where trực tiếp bóng đá việt nam hôm nay individual resides. If trực tiếp bóng đá việt nam hôm nay individual transferring trực tiếp bóng đá việt nam hôm nay domain is a non-resident, trực tiếp bóng đá việt nam hôm nay dossier is submitted at trực tiếp bóng đá việt nam hôm nay tax authority directly managing trực tiếp bóng đá việt nam hôm nay organization operating trực tiếp bóng đá việt nam hôm nay national internet domain name of Vietnam ".vn".

d) For individuals who are private construction contractors, trực tiếp bóng đá việt nam hôm nay tax return dossier is submitted at trực tiếp bóng đá việt nam hôm nay Tax Department managing trực tiếp bóng đá việt nam hôm nay location where trực tiếp bóng đá việt nam hôm nay individual conducts construction activities.

- Time limit for submitting trực tiếp bóng đá việt nam hôm nay tax return dossier

trực tiếp bóng đá việt nam hôm nay deadline for submitting trực tiếp bóng đá việt nam hôm nay tax return dossier for individuals paying taxes under separate declarations is specified in Clause 3, Article 44 of trực tiếp bóng đá việt nam hôm nay Law on Tax Administration, no later than trực tiếp bóng đá việt nam hôm nay 10th day from trực tiếp bóng đá việt nam hôm nay date trực tiếp bóng đá việt nam hôm nay tax obligation arises.

- Tax payment deadline

trực tiếp bóng đá việt nam hôm nay tax payment deadline for individuals paying taxes under separate declarations follows trực tiếp bóng đá việt nam hôm nay provisions of Clause 1, Article 55 of trực tiếp bóng đá việt nam hôm nay Law on Tax Administration, specifically: trực tiếp bóng đá việt nam hôm nay deadline for tax payment is no later than trực tiếp bóng đá việt nam hôm nay last day of trực tiếp bóng đá việt nam hôm nay tax return dossier submission deadline. In trực tiếp bóng đá việt nam hôm nay case of supplementary tax return dossiers, trực tiếp bóng đá việt nam hôm nay tax payment deadline is trực tiếp bóng đá việt nam hôm nay tax return dossier submission deadline of trực tiếp bóng đá việt nam hôm nay tax period that had errors or omissions.