What is the corporate vtv5 trực tiếp bóng đá hôm nay formula in Vietnam? What is the corporate vtv5 trực tiếp bóng đá hôm nay rate?
What is corporate vtv5 trực tiếp bóng đá hôm nay in Vietnam?
Pursuant to Article 3 of theLaw on Corporate vtv5 trực tiếp bóng đá hôm nay 2008, amended by Clause 1, Article 1 of theLaw on Amending Tax Laws 2014, taxable income is stipulated as follows:
Taxable Income
1. Taxable income includes income from production and business activities of goods and services and other income specified in Clause 2 of this Article.
2. Other income includes: income from capital transfer, transfer of the right to contribute capital; income from real estate transfer, transfer of investment projects, transfer of the right to participate in investment projects, transfer of the right to explore, exploit, and process minerals; income from the rights to use assets, ownership of assets, including income from intellectual property rights under the legal provisions; income from transfers, leasing, liquidation of assets, including valuable papers; income from deposit interest, loans, sale of foreign currency; collection from previously written-off bad debts now recovered; collection from unidentified payables; omitted business income from previous years and other income.
Vietnamese enterprises investing abroad that transfer income after paying corporate vtv5 trực tiếp bóng đá hôm nay abroad back to Vietnam will apply the agreements in place if Vietnam has signed agreements for avoidance of double taxation with those countries. If no such agreement exists, the corporate vtv5 trực tiếp bóng đá hôm nay difference will be collected if the foreign tax rate is lower than the rate calculated under Vietnam’s Corporate vtv5 trực tiếp bóng đá hôm nay Law.
Thus, corporate vtv5 trực tiếp bóng đá hôm nay is a tax that the state collects directly into the state budget based on the taxable income of enterprises (organizations engaged in the production and business of goods and services).
What is the corporate vtv5 trực tiếp bóng đá hôm nay formula in Vietnam?
According to Article 6 of theLaw on Corporate vtv5 trực tiếp bóng đá hôm nay 2008and Article 5 ofDecree 218/2013/ND-CP, corporate vtv5 trực tiếp bóng đá hôm nay is calculated as follows:
| CIT = Taxable Income for the Period x Tax Rate |
Where:
(1)Taxable Income:
| Taxable Income = Taxable Revenue - Non-taxable Income - Losses Carried Forward as Per Regulations |
Taxable corporate income is determined as follows:
Taxable Income = Revenue - Deductible Expenses + Other Income
(2)Corporate vtv5 trực tiếp bóng đá hôm nay Rate
According to Article 10, Article 13, and Article 14 of theLaw on Corporate vtv5 trực tiếp bóng đá hôm nay 2008and Article 10 ofDecree 218/2013/ND-CP, the corporate vtv5 trực tiếp bóng đá hôm nay rate is 20%.
Note: Some cases apply a higher tax rate such as operations in exploring oil, gas, and other precious resources in Vietnam, or apply preferential tax rates, resulting in a lower amount payable.
See detailed corporate vtv5 trực tiếp bóng đá hôm nay rates atLuật lịch trực tiếp bóng đá hôm nayế lịch trực tiếp bóngandNghị định 218/2013/NĐ-CP.
Which entities are corporate income taxpayersin Vietnam?
Based on Article 2 of theLaw on Corporate vtv5 trực tiếp bóng đá hôm nay 2008, amended and supplemented by Clause 1, Article 1 of theAmended Law on Corporate vtv5 trực tiếp bóng đá hôm nay 2013, taxpayers are defined as follows:
- Corporate income taxpayers are organizations engaged in the production and business of goods and services with taxable income as specified by this Law (hereinafter referred to as enterprises), including:
+ Enterprises established under the laws of Vietnam;
+ Enterprises established under the laws of foreign countries (hereinafter referred to as foreign enterprises) with or without a permanent establishment in Vietnam;
+ Organizations established under the 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 defined in Article 3 of theLaw on Corporate vtv5 trực tiếp bóng đá hôm nay 2008must pay corporate vtv5 trực tiếp bóng đá hôm nay as follows:
+ Enterprises established under Vietnamese law pay tax on taxable income arising in Vietnam and taxable income arising outside Vietnam;
+ Foreign enterprises with a permanent establishment in Vietnam pay tax on taxable income arising in Vietnam and taxable income arising outside Vietnam related to the activities of that permanent establishment;
+ Foreign enterprises with a permanent establishment in Vietnam pay tax on taxable income arising in Vietnam where the income is not related to the activities of the permanent establishment;
+ Foreign enterprises without a permanent establishment in Vietnam pay tax on taxable income arising in Vietnam.
- A permanent establishment of a foreign enterprise is a production or business establishment through which the foreign enterprise conducts a part or all of its production or business activities in Vietnam, including:
+ Branches, executive offices, factories, workshops, means of transportation, oilfields, gas fields, mines, or locations for exploiting other natural resources in Vietnam;
+ Construction sites, construction, installation, and assembly works;
+ Service provision establishments, including consultancy services through employees or other organizations and individuals;
+ Agents for foreign enterprises;
+ Representatives in Vietnam in cases where the representative is authorized to sign contracts in the name of the foreign enterprise, or representatives without such authorization who regularly deliver goods or provide services in Vietnam.
