What is xoilac tv trực tiếp bóng đá hôm nay formula for calculating PIT on income from securities transfer in Vietnam?
What is xoilac tv trực tiếp bóng đá hôm nay formula forcalculating PIT on income fromsecurities transfer in Vietnam?
Under point b, clause 2, Article 11 ofCircular 111/2013/TT-BTCamended by Article 16 ofCircular 92/2015/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay formula for calculating PIT on income from securities transfer in Vietnam is as follows:
| Personal income tax payable | = | Transfer price of securities per transaction | x | Tax rate 0.1% |
What is xoilac tv trực tiếp bóng đá hôm nay formula for calculating PIT on income from securities transfer in Vietnam? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
What is thetax periodfor income fromsecuritiestransfer in Vietnam?
Under Article 7 of xoilac tv trực tiếp bóng đá hôm nayPIT Law 2007, amended by Clause 3, Article 1 of xoilac tv trực tiếp bóng đá hôm nayLaw on Amendments to PIT Law 2012on tax period:
Tax period
1 For residents, tax period is specified as follows:
a/ Annual tax period, which is applicable to incomes from business, salaries and wages.
b/ Tax period upon each time of income generation, which is applicable to incomes from capital investment; incomes from capital transfer, except for incomes from securities transfer; incomes from real estate transfer; incomes from prizes; incomes from copyright; incomes from commercial franchising; incomes from inheritances; and gifts.
c/ Tax period upon each transfer or annual tax period, which is applicable to Incomes from transfer of securities.
.2 For non-residents, xoilac tv trực tiếp bóng đá hôm nay tax period counted upon each time of income generation is applicable to all their taxable incomes.
Thus, xoilac tv trực tiếp bóng đá hôm nay tax period for income from securities transfer in Vietnam is as follows:
- Forresidents:xoilac tv trực tiếp bóng đá hôm nay tax period upon each transfer or annual tax periodapplies tocome from securities transfer in Vietnam.
- For non-residents:xoilac tv trực tiếp bóng đá hôm nay tax period counted upon each time of income generation applies toincome from securities transfer in Vietnam.
* A resident is someone who meets one of xoilac tv trực tiếp bóng đá hôm nay following conditions:
- Being present in Vietnam for 183 days or more in a calendar year or 12 consecutive months counting from xoilac tv trực tiếp bóng đá hôm nay first date of their presence in Vietnam;
- Having a place of habitual residence in Vietnam, which is a registered place of permanent residence or a rented house for dwelling in Vietnam under a term rent contract.
A non-resident is someone who does not meet xoilac tv trực tiếp bóng đá hôm nay conditions of a resident.
What does income fromsecurities transfersubject to PITin Vietnam include?
Under point b, clause 4, Article 2 ofCircular 111/2013/TT-BTCamended by Article 4 of Circular 25/2018/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay taxable incomes from securities transfer include:
incomes from transferring shares, call options on shares, bonds, treasury bills, fund certificates, and other securities; incomes from transferring shares of xoilac tv trực tiếp bóng đá hôm nay persons in xoilac tv trực tiếp bóng đá hôm nay joint-stock company.
What is xoilac tv trực tiếp bóng đá hôm nay determination ofincome from securities transfersubject to PITin Vietnam?
Under point a, clause 2, Article 11 ofCircular 111/2013/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay taxable income from securities transfer is determined as xoilac tv trực tiếp bóng đá hôm nay transfer price per transaction.
xoilac tv trực tiếp bóng đá hôm nay transfer price of securities is determined as follows:
- xoilac tv trực tiếp bóng đá hôm nay transfer price of securities of a public company that are traded at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange is xoilac tv trực tiếp bóng đá hôm nay transaction price at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange. xoilac tv trực tiếp bóng đá hôm nay transaction price is based on xoilac tv trực tiếp bóng đá hôm nay order-matching result of prices from transactions at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange.
- xoilac tv trực tiếp bóng đá hôm nay transfer price of securities of a public company that are not traded at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange but only transferred via xoilac tv trực tiếp bóng đá hôm nay system of xoilac tv trực tiếp bóng đá hôm nay Vietnam Securities Depository is xoilac tv trực tiếp bóng đá hôm nay price stated in xoilac tv trực tiếp bóng đá hôm nay securities transfer contract.
What is xoilac tv trực tiếp bóng đá hôm nay timefor determining income fromsecurities transfersubject to PITin Vietnam?
Under points c and d, clause 2, Article 11 ofCircular 111/2013/TT-BTC, xoilac tv trực tiếp bóng đá hôm nay timing for determining taxable income from securities transfer is as follows:
- For securities of a public company that are traded at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange, it is xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay taxpayer receives xoilac tv trực tiếp bóng đá hôm nay income from securities transfer.
+ For securities of a public company that are not traded at xoilac tv trực tiếp bóng đá hôm nay Stock Exchange but only transferred via xoilac tv trực tiếp bóng đá hôm nay system of xoilac tv trực tiếp bóng đá hôm nay Vietnam Securities Depository, it is xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay ownership is transferred at xoilac tv trực tiếp bóng đá hôm nay Vietnam Securities Depository.
+ For xoilac tv trực tiếp bóng đá hôm nay securities that do not fall into xoilac tv trực tiếp bóng đá hôm nay cases above, it is xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay securities transfer contract takes effect.
+ When making capital contribution by securities without paying tax when making capital contribution, xoilac tv trực tiếp bóng đá hôm nay time to calculate income from transferring securities to make capital contribution is xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay person transfers, withdraws capital.
- When receiving shares paid as dividend.
When receiving shares paid as dividend, xoilac tv trực tiếp bóng đá hôm nay person might delay paying personal income tax when receiving shares. When transferring such shares, xoilac tv trực tiếp bóng đá hôm nay person shall pay personal income tax on xoilac tv trực tiếp bóng đá hôm nay income from capital investment and xoilac tv trực tiếp bóng đá hôm nay income transferring securities. To be specific:
+ xoilac tv trực tiếp bóng đá hôm nay basis for determining xoilac tv trực tiếp bóng đá hôm nay personal income tax payable on xoilac tv trực tiếp bóng đá hôm nay income from capital investment is xoilac tv trực tiếp bóng đá hôm nay value of dividend in xoilac tv trực tiếp bóng đá hôm nay accounting book or xoilac tv trực tiếp bóng đá hôm nay quantity of actual shares received multiplied by (x) xoilac tv trực tiếp bóng đá hôm nay face value of such shares and xoilac tv trực tiếp bóng đá hôm nay rate of personal income tax on xoilac tv trực tiếp bóng đá hôm nay income from capital investment.
If xoilac tv trực tiếp bóng đá hôm nay transfer price of xoilac tv trực tiếp bóng đá hôm nay shares paid as dividend is lower than xoilac tv trực tiếp bóng đá hôm nay nominal price, xoilac tv trực tiếp bóng đá hôm nay personal income tax on capital investment shall be calculated at xoilac tv trực tiếp bóng đá hôm nay market price when xoilac tv trực tiếp bóng đá hôm nay transfer is made.
If xoilac tv trực tiếp bóng đá hôm nay person transfers xoilac tv trực tiếp bóng đá hôm nay same type of securities after receiving shares paid as dividend, xoilac tv trực tiếp bóng đá hôm nay person shall declare and pay personal income tax on xoilac tv trực tiếp bóng đá hôm nay all xoilac tv trực tiếp bóng đá hôm nay shares paid as dividends.
+ xoilac tv trực tiếp bóng đá hôm nay basis for calculating xoilac tv trực tiếp bóng đá hôm nay personal income tax payable on xoilac tv trực tiếp bóng đá hôm nay income form transferring securities is guided in Point b Clause 2, Article 11 ofCircular 111/2013/TT-BTC.
