What exemptions and reductions are annulled for corporate income bóng đá hôm nay trực tiếp in bóng đá hôm nay trực tiếp policy reform in Vietnam?
What is Corporate Income bóng đá hôm nay trực tiếp in Vietnam?
According to Article 3 of theCorporate Income bóng đá hôm nay trực tiếp Law 2008as amended by Clause 1 Article 1 of theLaw on Amendment of bóng đá hôm nay trực tiếp Laws 2014, it is stipulated:
Taxable Income
- Taxable income includes income from production and business activities of goods and services and other incomes stipulated in Clause 2 of this Article.
- Other income comprises: income from capital transfers, contribution transfers; income from real estate transfers, investment project transfers, rights to participate in investment projects, rights to explore, exploit, and process minerals; income from the right to use assets, right to own assets, including income from intellectual property rights as defined by law; income from transfers, leases, liquidation of assets, including valuable papers; income from deposit interests, lending, foreign currency sales; amounts collected from previously written-off bad debts now recoverable; amounts collected from unidentified payables; income from businesses of previous years overlooked and other incomes.
Vietnamese enterprises investing abroad transfer part of their income after paying corporate income bóng đá hôm nay trực tiếp abroad back to Vietnam. For countries with which Vietnam has signed a double taxation avoidance agreement, the provisions of the agreement shall apply; for countries with which Vietnam has not signed a double taxation avoidance agreement, if the corporate income bóng đá hôm nay trực tiếp rate in those countries is lower, the difference shall be collected compared to the corporate income bóng đá hôm nay trực tiếp calculated under Vietnam's Corporate Income bóng đá hôm nay trực tiếp Law.
Accordingly, corporate income bóng đá hôm nay trực tiếp can be understood as a direct bóng đá hôm nay trực tiếp levied directly on the taxable income of enterprises, including income from production, business activities of goods, services, and other incomes as prescribed by law, after deducting reasonable and lawful expenses related to the enterprise's income.
What exemptions and reductions are annulled for corporate income bóng đá hôm nay trực tiếp in bóng đá hôm nay trực tiếp policy reform in Vietnam? (Image from the Internet)
What exemptions and reductions are annulled for corporate income bóng đá hôm nay trực tiếp in bóng đá hôm nay trực tiếp policy reform in Vietnam?
According to point d Clause 1 Section 3 Article 1 ofDecision 508/QD-TTg 2022:
III. STRATEGY IMPLEMENTATION SOLUTIONS
- On bóng đá hôm nay trực tiếp policy reform
a) For value-added bóng đá hôm nay trực tiếp: expand the bóng đá hôm nay trực tiếp base by reducing the group of goods and services not subject to value-added bóng đá hôm nay trực tiếp and the group of goods and services subject to a 5% bóng đá hôm nay trực tiếp rate; towards basically applying a single rate; study to increase the value-added bóng đá hôm nay trực tiếp rate according to the roadmap; review and adjust the revenue threshold for applying the deduction method in accordance with reality; study adopting a uniform bóng đá hôm nay trực tiếp calculation method based on a percentage of revenue for taxpayers with revenue below the threshold or not eligible to apply the deduction method; complete regulations related to value-added bóng đá hôm nay trực tiếp on exported goods and services, ensuring they reflect the true nature and align with international practices. Study to amend and supplement regulations on bóng đá hôm nay trực tiếp deduction, value-added bóng đá hôm nay trực tiếp refund in a simple, transparent manner, and in harmony with relevant laws;
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Thus, the solutions for implementing the strategy for corporate income bóng đá hôm nay trực tiếp policy reform according to the bóng đá hôm nay trực tiếp system reform strategy by 2030 are as follows:
- Review to amend or annul bóng đá hôm nay trực tiếp exemptions and reductions that are no longer suitable for the development and international integration requirements;
- Minimize the integration of social policies with bóng đá hôm nay trực tiếp exemption and reduction policies, ensuring bóng đá hôm nay trực tiếp neutrality for stable medium- and long-term application;
- Implement corporate income bóng đá hôm nay trực tiếp incentives for small and micro enterprises, while shifting the focus of foreign investment attraction policy from quantity to quality, encouraging participation of economic sectors in investing in key industries and prioritized localities;
- Expand the bóng đá hôm nay trực tiếp base in line with the country's socio-economic context and international practices;
- Implement international standards on anti-transfer pricing, anti-base erosion, and profit shifting.
Therefore, implementing the strategy for corporate income bóng đá hôm nay trực tiếp policy reform according to the bóng đá hôm nay trực tiếp system reform strategy by 2030 requires reviewing to amend or annul bóng đá hôm nay trực tiếp exemptions and reductions that are no longer suitable for development and international integration requirements.
Which entities are corporate income taxpayersin Vietnam?
According to Clause 1 Article 2 of theCorporate Income bóng đá hôm nay trực tiếp Law 2008, entities subject to corporate income bóng đá hôm nay trực tiếp are organizations conducting the production and business of goods and services with taxable income as stipulated by this Law (hereinafter referred to as enterprises), including:
- Enterprises established under Vietnamese law;
- Enterprises established under foreign laws (hereinafter referred to as foreign enterprises) with permanent establishments or without permanent establishments in Vietnam;
- Organizations established under theLuật trực tiếp bóng đá k+;
- Professional units established under Vietnamese law;
- Other organizations engaged in production, business activities with income.
