Vietnam: What types of goods and services does xem bóng đá trực tiếp trên youtube 0% tax rate apply to from July 1, 2025?

Vietnam: What types of goods and services doesthe0% tax rate apply to fromJuly 1, 2025?

Pursuant to Clause 1, Article 9 of xem bóng đá trực tiếp trên youtubeLaw on Value Added Tax 2024, a 0% tax rate applies specifically to xem bóng đá trực tiếp trên youtube following goods and services:

- Export goods, including: goods from Vietnam sold to organizations or individuals abroad and consumed outside Vietnam; goods sold from within Vietnam to organizations in tariff-free zones and consumed in such zones directly serving export production activities; goods sold at isolated areas for individuals ( foreign or Vietnamese ) who have completed exit procedures; goods sold at duty-free shops;

- Export services, including: services provided directly to organizations or individuals abroad and consumed outside Vietnam; services provided directly to organizations in tariff-free zones and consumed in such zones directly serving export production activities;

- Other export goods and services, including: international transportation; rental services for means of transport used outside xem bóng đá trực tiếp trên youtube territory of Vietnam; aviation and maritime services provided directly or through agents for international transportation; construction and installation activities abroad or in tariff-free zones; digital content products provided to foreign entities with documentation proving consumption outside Vietnam as per xem bóng đá trực tiếp trên youtube regulations of xem bóng đá trực tiếp trên youtube Government of Vietnam; spare parts, materials for xem bóng đá trực tiếp trên youtube repair and maintenance of vehicles, machinery, equipment for foreign entities and consumed outside Vietnam; outsourced goods for export as per regulations; goods and services not subject to value added tax when exported, except for cases not applying xem bóng đá trực tiếp trên youtube 0% rate as prescribed at point d of this clause;

Note:

xem bóng đá trực tiếp trên youtube cases where xem bóng đá trực tiếp trên youtube 0% tax rate is not applied include: technology transfer, transfer of intellectual property rights abroad; reinsurance services abroad; credit granting services; capital transfer; derivative products; postal and telecommunications services; export products as prescribed in Clause 23, Article 5 of this Law; tobacco, alcohol, beer imported and then exported; gasoline, oil purchased domestically and sold to business establishments in tariff-free zones; automobiles sold to organizations, individuals in tariff-free zones.

Vietnam: What types of goods and services does xem bóng đá trực tiếp trên youtube 0% tax rate apply to from July 1, 2025?(Image from xem bóng đá trực tiếp trên youtube Internet)

When does xem bóng đá trực tiếp trên youtube Law on Value Added Tax 2024 come into force in Vietnam?

According to Article 18 of xem bóng đá trực tiếp trên youtubeLaw on Value Added Tax 2024, xem bóng đá trực tiếp trên youtube effective implementation is specified as follows:

Effective Date

1. This Law comes into force from July 1, 2025, except as provided for in Clause 2 of this Article.

2. Provisions on xem bóng đá trực tiếp trên youtube revenue level of households, individuals engaged in production and business activities not subject to tax as per Clause 25, Article 5, and Article 17 of this Law come into force from January 1, 2026.

3. xem bóng đá trực tiếp trên youtube Law on Value Added Tax No. 13/2008/QH12 amended and supplemented by Law No. 31/2013/QH13, Law No. 71/2014/QH13, and Law No. 106/2016/QH13 ceases to be effective from xem bóng đá trực tiếp trên youtube date this Law comes into force.

Thus, according to xem bóng đá trực tiếp trên youtube above provision, xem bóng đá trực tiếp trên youtubeLuật Thuế giá trị trực tiếpcomes into force from July 1, 2025.

Vietnam: How is xem bóng đá trực tiếp trên youtube value added tax calculated from July 1, 2025?

Pursuant to Article 7 of xem bóng đá trực tiếp trên youtubeLaw on Value Added Tax 2024, xem bóng đá trực tiếp trên youtube specific regulations on xem bóng đá trực tiếp trên youtube calculation of value added tax are as follows:

[1]xem bóng đá trực tiếp trên youtube tax price is stipulated as follows:

- For goods and services sold by business establishments, it is xem bóng đá trực tiếp trên youtube sale price excluding value added tax; for goods and services subject to special consumption tax, it is xem bóng đá trực tiếp trên youtube sale price including special consumption tax but excluding value added tax; for goods subject to environmental protection tax, it is xem bóng đá trực tiếp trên youtube sale price including environmental protection tax but excluding value added tax; for goods subject to both special consumption tax and environmental protection tax, it is xem bóng đá trực tiếp trên youtube sale price including both taxes but excluding value added tax;

- For imported goods, it is xem bóng đá trực tiếp trên youtube taxable import price as regulated by xem bóng đá trực tiếp trên youtube laws on export tax, import tax plus import tax plus any supplementary import duties according to xem bóng đá trực tiếp trên youtube law (if any), plus special consumption tax (if any), and plus environmental protection tax (if any);

- For goods and services used for exchange, internal consumption, gifting, donation, it is xem bóng đá trực tiếp trên youtube value added tax price of goods and services of xem bóng đá trực tiếp trên youtube same or equivalent type at xem bóng đá trực tiếp trên youtube time these activities occur. For promotional goods and services as per xem bóng đá trực tiếp trên youtube law on commerce, xem bóng đá trực tiếp trên youtube taxable price is zero (0);

- For asset leasing activities, it is xem bóng đá trực tiếp trên youtube rental amount excluding value added tax. If leasing is on a per-term rental payment or advance payment for xem bóng đá trực tiếp trên youtube lease term, xem bóng đá trực tiếp trên youtube taxable price is xem bóng đá trực tiếp trên youtube rental payment for each term or advance payment excluding value added tax;

- For goods sold on installment or deferred payment basis, it is xem bóng đá trực tiếp trên youtube one-time payment price excluding value added tax for that good, excluding installment interest or deferred payment interest;

- For processed goods, it is xem bóng đá trực tiếp trên youtube processing price excluding value added tax;

- For construction and installation activities, it is xem bóng đá trực tiếp trên youtube value of xem bóng đá trực tiếp trên youtube works, work items, or xem bóng đá trực tiếp trên youtube part of work transferred, excluding value added tax. If construction and installation do not include materials, machinery, equipment, xem bóng đá trực tiếp trên youtube taxable price is xem bóng đá trực tiếp trên youtube construction and installation value excluding material and machine, equipment value;

- For real estate business activities, it is xem bóng đá trực tiếp trên youtube sale price of real estate excluding value added tax, minus xem bóng đá trực tiếp trên youtube land levy or land rent paid to xem bóng đá trực tiếp trên youtube State budget (xem bóng đá trực tiếp trên youtube land price deducted). xem bóng đá trực tiếp trên youtube Government of Vietnam prescribes xem bóng đá trực tiếp trên youtube determination of xem bóng đá trực tiếp trên youtube deducted land price stipulated in this point in accordance with xem bóng đá trực tiếp trên youtube law on land;

- For agency and brokerage activities in purchasing, selling goods and services with commission, it is xem bóng đá trực tiếp trên youtube commission received from these activities, excluding value added tax;

- For goods and services using invoices indicating prices inclusive of value added tax, xem bóng đá trực tiếp trên youtube taxable price is determined by xem bóng đá trực tiếp trên youtube following formula:

- For casino business services, prize-winning electronic games, betting, it is xem bóng đá trực tiếp trên youtube amount earned from these activities minus xem bóng đá trực tiếp trên youtube amount returned for unused customers and prize money paid to customers (if any), including special consumption tax, excluding value added tax;

- For production, business activities including electricity production activities of Vietnam Electricity Group; transportation, loading, unloading; tourism services in xem bóng đá trực tiếp trên youtube form of travel; pawn services; books subject to value added tax sold at xem bóng đá trực tiếp trên youtube published price (cover price); printing activities; agency services of appraisal, compensation examination, third-party compensation claims, dealing with compensation goods with 100% money or commission, xem bóng đá trực tiếp trên youtube taxable price is xem bóng đá trực tiếp trên youtube selling price excluding value added tax. xem bóng đá trực tiếp trên youtube Government of Vietnam stipulates xem bóng đá trực tiếp trên youtube taxable price for production and business activities specified in this point.

[2]xem bóng đá trực tiếp trên youtube taxable value for goods and services specified in Clause 1, Article 7 of xem bóng đá trực tiếp trên youtubeLaw on Value Added Tax 2024includes additional charges and fees that xem bóng đá trực tiếp trên youtube business establishment is entitled to.