What is irregular kết quả bóng đá trực tiếp? How much irregular kết quả bóng đá trực tiếp is subject to personal kết quả bóng đá trực tiếp tax in Vietnam?
What is irregular kết quả bóng đá trực tiếp in Vietnam?
Currently, the law does not define the concept of "irregular kết quả bóng đá trực tiếp."
In practice, "irregular kết quả bóng đá trực tiếp" can be understood as kết quả bóng đá trực tiếp from wages or salary that is not through a labor contract and is not regular.
Based on the provisions in point c, clause 2, Article 2 ofCircular 111/2013/TT-BTC, irregular kết quả bóng đá trực tiếp may include remuneration received in forms such as:
+ Commission for selling goods, brokerage commission;
+ Participation fees in scientific or technical research projects;
+ Participation fees in projects or proposals;
+ Royalties as regulated by law concerning royalties; participation fees in teaching activities;
+ Fees for participating in cultural, artistic, sports performances; advertising service fees;
+ Other services, other remuneration.
What is irregular kết quả bóng đá trực tiếp? How much irregular kết quả bóng đá trực tiếp is subject to personal kết quả bóng đá trực tiếp tax in Vietnam? (Image from Internet)
How much irregular kết quả bóng đá trực tiếp is subject to personal kết quả bóng đá trực tiếp tax in Vietnam?
Based on point i, clause 1, Article 25 ofCircular 111/2013/TT-BTCwhich stipulates Tax withholding and Tax withholding documents as follows:
Tax withholding and Tax withholding Documents
1. Tax withholding
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i) Tax withholding for Other Cases
Organizations or individuals paying wages, remuneration, or other payments to resident individuals not under labor contracts (as instructed in point c, d, clause 2, Article 2 of this Circular) or under labor contracts less than three (03) months with a total kết quả bóng đá trực tiếp payment from two million (2,000,000) VND onwards per occasion must deduct tax at the rate of 10% on the kết quả bóng đá trực tiếp before paying it to the individuals.
In cases where individuals only have kết quả bóng đá trực tiếp subject to Tax withholding at the above rate but estimate that the total taxable kết quả bóng đá trực tiếp after family allowances do not reach the taxable limit, the individual makes a commitment (using the form issued with the guidance on tax management) to the kết quả bóng đá trực tiếp-paying organization as a basis for temporarily not deducting personal kết quả bóng đá trực tiếp tax.
Based on the recipient's commitment, the kết quả bóng đá trực tiếp-paying organization will not deduct the tax. At the end of the tax year, the kết quả bóng đá trực tiếp-paying organization is still required to compile a list and kết quả bóng đá trực tiếp of individuals below the deductible level (into the form issued with the guidance on tax management) and submit it to the tax authority. The individual making the commitment must be responsible for their commitment, and in case of fraud detection, they will be dealt with according to the regulations of the Tax Management Law.
Individuals making the commitment as per the guidance at this point must have taxpayer registration and a tax code at the time of commitment.
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According to the regulation above, individuals with irregular kết quả bóng đá trực tiếp from two million (2,000,000) VND or more per occasion must have their kết quả bóng đá trực tiếp taxed at a rate of 10% before payment.
Conversely, for irregular kết quả bóng đá trực tiếp below 2 million VND, individuals are not liable for Tax withholding.
Except in cases where individuals solely have kết quả bóng đá trực tiếp subject to Tax withholding at the aforementioned rate but estimate that the total taxable kết quả bóng đá trực tiếp after family allowances does not reach the taxable limit, they can make a commitment (using the form issued with the guidance on tax management) to the kết quả bóng đá trực tiếp-paying organization as a basis for temporarily not deducting personal kết quả bóng đá trực tiếp tax. Provided that:
- The individual has taxpayer registration and a tax code.
- The individual takes responsibility for the content of their commitment.
Based on the recipient's commitment, the kết quả bóng đá trực tiếp-paying organization will not deduct tax. At the end of the tax year, the kết quả bóng đá trực tiếp-paying organization must still compile a list and kết quả bóng đá trực tiếp of individuals below the deductible level (into the form issued with the tax management guidance) and submit it to the tax authority.
What is personal kết quả bóng đá trực tiếp tax withholding in Vietnam?
According to Article 28 ofDecree 65/2013/ND-CP, the regulation is as follows:
Tax withholding
1. Tax withholding is the act whereby organizations or individuals paying kết quả bóng đá trực tiếp deduct the tax payable from the taxpayer's kết quả bóng đá trực tiếp before paying it out.
2. Types of kết quả bóng đá trực tiếp subject to Tax withholding:
a) kết quả bóng đá trực tiếp of non-resident individuals, including cases where they do not physically present in Vietnam;
b) kết quả bóng đá trực tiếp from wages, salaries, remuneration, including brokerage remuneration;
c) kết quả bóng đá trực tiếp of individuals from insurance agents, lottery agents, multi-level sales;
d) kết quả bóng đá trực tiếp from capital investment;
đ) kết quả bóng đá trực tiếp from capital transfer of non-resident individuals, transfer of securities;
e) kết quả bóng đá trực tiếp from prizes;
g) kết quả bóng đá trực tiếp from royalties;
h) kết quả bóng đá trực tiếp from franchising.
3. The Ministry of Finance stipulates in detail the cases, levels, and methods of personal kết quả bóng đá trực tiếp Tax withholding specified in this Article.
Thus, as per the regulation mentioned above, tax withholding is where the organization or individual paying kết quả bóng đá trực tiếp deducts the payable tax from the taxpayer's kết quả bóng đá trực tiếp before paying the kết quả bóng đá trực tiếp.
