What are xem bóng đá trực tiếp vtv2 regulations on PIT payment by private construction contractors in Vietnam?
What are xem bóng đá trực tiếp vtv2 regulations on PIT payment byprivate construction contractors in Vietnam?
According to Clause 2, Article 6 ofCircular 40/2021/TT-BTC, xem bóng đá trực tiếp vtv2 method for calculating tax for individual businesses under separate declarations is stipulated as follows:
Method for calculating tax for individual businesses under separate declarations
1. Individual businesses who have casual business operation and do not have fixed business locations shall pay tax separately. xem bóng đá trực tiếp vtv2 individual shall determine whether his/her business is “casual” according to its characteristics in each business line. Fixed business location means xem bóng đá trực tiếp vtv2 place where xem bóng đá trực tiếp vtv2 individual’s business operation is carried out such as: transaction location, store, factory, warehouse, depot or a similar location.
2. Individual businesses paying tax under separate declarations include:
a) Travelling traders;
b) Individuals that are private construction contractors;
c) Individuals transferring Vietnam’s top-level domains “.vn”;
d) Individuals earning incomes from digital information products and/or services that do not choose to pay tax under periodic declarations.
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Thus, private construction contractors in Vietnam shall pay personal income tax under separate declarations.
What are xem bóng đá trực tiếp vtv2 regulations on PIT payment by private construction contractors in Vietnam? (Image from xem bóng đá trực tiếp vtv2 Internet)
Will xem bóng đá trực tiếp vtv2 overpaid PIT ofprivate construction contractors in Vietnam be refunded?
According to Clause 2, Article 8 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007, regulations on tax administration and tax refund are as follows:
Tax administration and tax refund
1. Tax registration, declaration, withholding, payment, finalization and refund, handling of violations of xem bóng đá trực tiếp vtv2 tax law, and tax administration measures comply with legal provisions on tax administration.
2. Individuals are entitled to tax refund in xem bóng đá trực tiếp vtv2 following cases:
a/ Their paid tax amounts are larger than payable tax amounts;
b/ They have paid tax but their taxed incomes do not reach a tax-liable level;
c/ Other cases decided by competent state agencies.
Thus, according to xem bóng đá trực tiếp vtv2 regulations, ifPIT is overpaid, i.e.xem bóng đá trực tiếp vtv2 amount of tax paid is higher than xem bóng đá trực tiếp vtv2 payable tax amount, xem bóng đá trực tiếp vtv2 overpaid amount will be refunded.
What is xem bóng đá trực tiếp vtv2 maximum fine imposed on private construction contractors delaying xem bóng đá trực tiếp vtv2 submission of PIT declaration dossiers in Vietnam?
Under Article 13 ofDecree 125/2020/ND-CP, xem bóng đá trực tiếp vtv2 following provisions apply:
Penalties for violations against regulations on time limits for submission of ax tax declaration dossiers
1. Penalties imposed in form of cautions shall be imposed for violations arising from filing ax tax declaration dossiers from 01 to 05 days after expiration of xem bóng đá trực tiếp vtv2 prescribed time limits under mitigating circumstances.
2. Fines ranging from VND 2,000,000 to VND 5,000,000 shall be imposed for xem bóng đá trực tiếp vtv2 act of submitting ax tax declaration dossiers from 01 to 30 days after expiration of xem bóng đá trực tiếp vtv2 prescribed time limits, except xem bóng đá trực tiếp vtv2 cases specified in clause 1 of this Article.
3. Fines ranging from VND 5,000,000 to VND 8,000,000 shall be imposed for xem bóng đá trực tiếp vtv2 act of submitting ax tax declaration dossiers from 31 to 60 days after expiration of xem bóng đá trực tiếp vtv2 prescribed time limits.
4. Fines ranging from VND 8,000,000 to VND 15,000,000 shall be imposed for one of xem bóng đá trực tiếp vtv2 following violations:
a) Filing ax tax declaration dossiers from 61 to 90 days after expiration of xem bóng đá trực tiếp vtv2 prescribed time limits;
b) Filing ax tax declaration dossiers at least 91 days after expiration of xem bóng đá trực tiếp vtv2 prescribed time limits if none of additional taxes is incurred;
c) Failing to submit ax tax declaration dossiers if none of additional taxes is incurred;
d) Failing to submit annexes under regulations regarding tax administration by enterprises having related-party transactions, enclosing CIT finalization dossiers.
5. Fines ranging from VND 15,000,000 to VND 25,000,000 shall be imposed for xem bóng đá trực tiếp vtv2 act of filing ax tax declaration dossiers more than 90 days after xem bóng đá trực tiếp vtv2 prescribed deadline if such act results in additional taxes to be paid, and xem bóng đá trực tiếp vtv2 taxpayer has fully paid taxes, deferred amounts into xem bóng đá trực tiếp vtv2 state budget before xem bóng đá trực tiếp vtv2 time of xem bóng đá trực tiếp vtv2 tax authority’s announcement of xem bóng đá trực tiếp vtv2 decision on tax inspection and examination, or before xem bóng đá trực tiếp vtv2 time of xem bóng đá trực tiếp vtv2 tax authority’s issuance of xem bóng đá trực tiếp vtv2 report on xem bóng đá trực tiếp vtv2 deferred submission of ax tax declaration dossiers under xem bóng đá trực tiếp vtv2 provisions of clause 11 of Article 143 in xem bóng đá trực tiếp vtv2 Law on Tax Administration.
In case where xem bóng đá trực tiếp vtv2 fine amount prescribed in this clause is greater than xem bóng đá trực tiếp vtv2 tax amount additionally incurred in xem bóng đá trực tiếp vtv2 ax tax declaration dossier, xem bóng đá trực tiếp vtv2 maximum amount of fine for this act shall be equal to xem bóng đá trực tiếp vtv2 tax amount payable specified in xem bóng đá trực tiếp vtv2 ax tax declaration dossier and shall not be less than xem bóng đá trực tiếp vtv2 average of fine amounts in xem bóng đá trực tiếp vtv2 range prescribed in clause 4 of this Article.
6. Remedies:
a) Compelling xem bóng đá trực tiếp vtv2 full payment of deferred tax amounts into xem bóng đá trực tiếp vtv2 state budget with respect to xem bóng đá trực tiếp vtv2 commission of xem bóng đá trực tiếp vtv2 acts prescribed in clause 1, 2, 3, 4 and 5 of this Article if xem bóng đá trực tiếp vtv2 taxpayer delays filing their ax tax declaration dossier, leading to xem bóng đá trực tiếp vtv2 late payment of taxes;
b) Compelling xem bóng đá trực tiếp vtv2 submission of ax tax declaration dossiers, enclosing annexes, in case of committing xem bóng đá trực tiếp vtv2 acts specified in point c and d of clause 4 of this Article.
Depending on xem bóng đá trực tiếp vtv2 delay periodin submitting tax declaration dossiers, xem bóng đá trực tiếp vtv2 administrative penalty is determined according to xem bóng đá trực tiếp vtv2 legal regulations. xem bóng đá trực tiếp vtv2 fine forprivate construction contractorscan be up to 12.5 million VND.
Additionally, xem bóng đá trực tiếp vtv2 taxpayer is also required to pay deferred tax amounts into xem bóng đá trực tiếp vtv2 state budget.
