What are trực tiếp bóng đá euro hôm nay methods of allocating corporate income tax in Vietnam?

What are cases of allocating corporate income tax in Vietnam?

According to Clause 1, Article 17 ofCircular 80/2021/TT-BTC, trực tiếp bóng đá euro hôm nay cases eligible for trực tiếp bóng đá euro hôm nay allocation of corporate income tax include:

- Electronic lottery business activities;

- Real estate transfer activities;

- Dependent units, business locations being production facilities;

- Hydropower plants located across multiple provinces.

What are cases of allocating corporate income tax in Vietnam?​ (Image from trực tiếp bóng đá euro hôm nay Internet)

What are trực tiếp bóng đá euro hôm nay methods of allocating corporate income tax in Vietnam?​

According to Clause 2, Article 17 ofCircular 80/2021/TT-BTC, trực tiếp bóng đá euro hôm nay methods of allocating corporate income tax are regulated as follows:

- Allocation of corporate income tax payable for electronic lottery business activities:

trực tiếp bóng đá euro hôm nay corporate income tax payable to each province where electronic lottery business activities occur is calculated by multiplying (=) trực tiếp bóng đá euro hôm nay corporate income tax payable from electronic lottery business activities by (x) trực tiếp bóng đá euro hôm nay percentage (%) of actual ticket sales revenue from electronic lottery business activities in each province over trực tiếp bóng đá euro hôm nay total actual ticket sales revenue of trực tiếp bóng đá euro hôm nay taxpayer.

Actual ticket sales revenue from electronic lottery business activities is determined according to trực tiếp bóng đá euro hôm nay provisions at Point a, Clause 2, Article 13 ofCircular 80/2021/TT-BTC.

- Allocation of corporate income tax payable for real estate transfer activities:

trực tiếp bóng đá euro hôm nay corporate income tax payable to each province where real estate transfer activities occur is temporarily paid quarterly and settled by multiplying (=) trực tiếp bóng đá euro hôm nay taxable revenue of real estate transfer activities in each province by (x) 1%.

- Allocation of corporate income tax payable for taxpayers with dependent units and business locations being production facilities:

trực tiếp bóng đá euro hôm nay corporate income tax payable to each province where production facilities are located is calculated by multiplying (=) trực tiếp bóng đá euro hôm nay corporate income tax payable for production and business activities by (x) trực tiếp bóng đá euro hôm nay percentage (%) of costs incurred by each production facility over trực tiếp bóng đá euro hôm nay total costs incurred by trực tiếp bóng đá euro hôm nay taxpayer (excluding costs of activities enjoying corporate income tax incentives). Costs to determine trực tiếp bóng đá euro hôm nay allocation rate are trực tiếp bóng đá euro hôm nay actual costs incurred during trực tiếp bóng đá euro hôm nay tax period.

trực tiếp bóng đá euro hôm nay corporate income tax payable for production and business activities excludes trực tiếp bóng đá euro hôm nay corporate income tax payable for activities enjoying corporate income tax incentives. trực tiếp bóng đá euro hôm nay corporate income tax payable for activities enjoying incentives is determined according to trực tiếp bóng đá euro hôm nay business results of trực tiếp bóng đá euro hôm nay activities enjoying incentives and trực tiếp bóng đá euro hôm nay preferential rate enjoyed.

- Allocation of corporate income tax payable for hydropower plants located across multiple provinces:

trực tiếp bóng đá euro hôm nay corporate income tax payable by trực tiếp bóng đá euro hôm nay hydropower plant is calculated by multiplying (=) trực tiếp bóng đá euro hôm nay corporate income tax payable for production and business activities by (x) trực tiếp bóng đá euro hôm nay percentage (%) of costs incurred by each hydropower plant over trực tiếp bóng đá euro hôm nay total costs incurred by trực tiếp bóng đá euro hôm nay taxpayer (excluding costs of activities enjoying corporate income tax incentives). Costs to determine trực tiếp bóng đá euro hôm nay allocation rate are trực tiếp bóng đá euro hôm nay actual costs incurred during trực tiếp bóng đá euro hôm nay tax period. trực tiếp bóng đá euro hôm nay corporate income tax payable for production and business activities excludes trực tiếp bóng đá euro hôm nay corporate income tax payable for activities enjoying corporate income tax incentives.

After determining trực tiếp bóng đá euro hôm nay corporate income tax payable by trực tiếp bóng đá euro hôm nay hydropower plant, trực tiếp bóng đá euro hôm nay corporate income tax payable to each province is calculated by multiplying (=) trực tiếp bóng đá euro hôm nay corporate income tax payable by trực tiếp bóng đá euro hôm nay hydropower plant by (x) trực tiếp bóng đá euro hôm nay percentage (%) of trực tiếp bóng đá euro hôm nay investment value of trực tiếp bóng đá euro hôm nay part of trực tiếp bóng đá euro hôm nay hydropower plant located within trực tiếp bóng đá euro hôm nay administrative boundaries of each province over trực tiếp bóng đá euro hôm nay total investment value of trực tiếp bóng đá euro hôm nay hydropower plant.

Who is trực tiếp bóng đá euro hôm nay corporate income taxpayer in Vietnam?

According to Article 2 of trực tiếp bóng đá euro hôm nayCorporate Income Tax Law 2008(amended and supplemented by Clause 1, Article 1 of trực tiếp bóng đá euro hôm nayAmended Corporate Income Tax Law 2013), trực tiếp bóng đá euro hôm nay corporate income taxpayers are specified as follows:

- Corporate income taxpayers are organizations producing, trading goods, and services with taxable income as prescribed in trực tiếp bóng đá euro hôm nay Corporate Income Tax Law 2008, including:

+ Enterprises established under Vietnamese law;

+ Enterprises established under foreign law (hereinafter referred to as foreign enterprises) with or without permanent establishments in Vietnam;

+ Organizations established under trực tiếp bóng đá euro hôm nay Law on Cooperatives;

+ Public service units established under Vietnamese law;

+ Other organizations engaged in production and business activities with income.

- Enterprises having taxable income as specified in Article 3 of trực tiếp bóng đá euro hôm nayCorporate Income Tax Law 2008must pay corporate income tax as follows:

+ Enterprises established under Vietnamese law must pay tax on taxable income arising in Vietnam and taxable income arising outside Vietnam;

+ Foreign enterprises with a permanent establishment in Vietnam must pay tax on taxable income arising in Vietnam and taxable income arising outside Vietnam related to trực tiếp bóng đá euro hôm nay activities of trực tiếp bóng đá euro hôm nay permanent establishment;

+ Foreign enterprises with permanent establishments in Vietnam must pay tax on taxable income arising in Vietnam, where such income is not related to trực tiếp bóng đá euro hôm nay activities of trực tiếp bóng đá euro hôm nay permanent establishment;

+ Foreign enterprises with no permanent establishment in Vietnam must pay tax on taxable income arising in Vietnam.

- A permanent establishment of a foreign enterprise is a production or business establishment through which trực tiếp bóng đá euro hôm nay foreign enterprise conducts a part or trực tiếp bóng đá euro hôm nay whole of its production and business activities in Vietnam, including:

+ Branches, executive offices, factories, workshops, means of transportation, oil, and gas mines, or other places for trực tiếp bóng đá euro hôm nay extraction of natural resources in Vietnam;

+ Construction sites, construction, installation, and assembly establishments;

+ Service supply establishments, including consultancy services through employees or other organizations and individuals;

+ Agents for foreign enterprises;

+ Representatives in Vietnam in cases where trực tiếp bóng đá euro hôm nay representative has authority to sign contracts in trực tiếp bóng đá euro hôm nay name of trực tiếp bóng đá euro hôm nay foreign enterprise or trực tiếp bóng đá euro hôm nay representative does not have authority to sign contracts in trực tiếp bóng đá euro hôm nay name of trực tiếp bóng đá euro hôm nay foreign enterprise but regularly engages in trực tiếp bóng đá euro hôm nay delivery of goods or services in Vietnam.