What is the guidance of vtv5 trực tiếp bóng đá hôm nay authorities of Vietnam on vtv5 trực tiếp bóng đá hôm nay exemption, reduction, or payment deadline extension due to natural disasters?
What is the guidance of vtv5 trực tiếp bóng đá hôm nay authorities of Vietnam on vtv5 trực tiếp bóng đá hôm nay exemption, reduction, or payment deadline extension due to natural disasters?
See the full content of Official Dispatch 4962/CTTBI-TTHT 2024here.
In Section 1 of Official Dispatch 4962/CTTBI-TTHT 2024, guidance is provided on vtv5 trực tiếp bóng đá hôm nay laws concerning late payment interests; vtv5 trực tiếp bóng đá hôm nay payment deadline extension; vtv5 trực tiếp bóng đá hôm nay exemptions, and reductions; deductible expenses when calculating Corporate Income vtv5 trực tiếp bóng đá hôm nay (CIT); and VAT input vtv5 trực tiếp bóng đá hôm nay deductions related to damages due to natural disasters as follows:
According to Clause 27 Article 3 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019, cases of force majeure include taxpayers incurring material losses due to natural disasters, catastrophes, epidemics, fires, or unexpected accidents.
(1) Provisions on Late vtv5 trực tiếp bóng đá hôm nay Payment
Clause 8 Article 59 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019stipulates:
Taxpayers who must pay late payment interest as prescribed in Clause 1 Article 59 of the Law on vtv5 trực tiếp bóng đá hôm nay Administration 2019 are exempted from late payment interest in force majeure cases due to storms (natural disasters).
(2) Provisions on vtv5 trực tiếp bóng đá hôm nay Payment Deadline Extension
Clause 1 Article 62 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019stipulates vtv5 trực tiếp bóng đá hôm nay payment deadline extension due to material damage directly affecting production and business caused by storms as follows:
- vtv5 trực tiếp bóng đá hôm nay payment deadline extension are considered based on requests from taxpayers incurring material damage impacting production and business.
- Taxpayers eligible for vtv5 trực tiếp bóng đá hôm nay payment deadline extension may receive extensions for part or all the vtv5 trực tiếp bóng đá hôm nay amount due.
- The extension period is stipulated as follows:
No more than 02 years from the due date of the vtv5 trực tiếp bóng đá hôm nay payment in such cases.
(3) Provisions on vtv5 trực tiếp bóng đá hôm nay Exemptions and Reductions
Clause 1 Article 79 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019stipulates:
vtv5 trực tiếp bóng đá hôm nay exemptions and reductions are implemented according to vtv5 trực tiếp bóng đá hôm nay law and in the following cases:
- Households and individuals subject to land use vtv5 trực tiếp bóng đá hôm nay for non-agricultural land with annual vtv5 trực tiếp bóng đá hôm nay amounts of 50,000 VND or less;
- Individuals subject to annual personal income vtv5 trực tiếp bóng đá hôm nay from salaries or wages with vtv5 trực tiếp bóng đá hôm nay amounts of 50,000 VND or less after final settlement.
Regarding Excise vtv5 trực tiếp bóng đá hôm nay:
Article 9 of theLaw on Excise vtv5 trực tiếp bóng đá hôm nay 2008stipulates:
- Taxpayers producing goods subject to excise vtv5 trực tiếp bóng đá hôm nay facing difficulties due to natural disasters or unexpected accidents are eligible for vtv5 trực tiếp bóng đá hôm nay reductions.- The vtv5 trực tiếp bóng đá hôm nay reduction is based on actual losses due to natural disasters or unexpected accidents but does not exceed 30% of the payable vtv5 trực tiếp bóng đá hôm nay amount for the year of the loss and does not exceed the value of lost assets after compensation (if any).
Regarding Severance vtv5 trực tiếp bóng đá hôm nay:
Clause 1 Article 9 of theLaw on Severance vtv5 trực tiếp bóng đá hôm nay 2009stipulates:
Taxpayers subjected to natural disasters, fires, and unexpected accidents that cause losses to declared and paid resources are eligible for vtv5 trực tiếp bóng đá hôm nay exemptions or reductions for the lost resources; if the vtv5 trực tiếp bóng đá hôm nay has been paid, it will be refunded or deducted from the payable severance vtv5 trực tiếp bóng đá hôm nay of the next period.
Regarding Personal Income vtv5 trực tiếp bóng đá hôm nay:
Article 5 of theLaw on Personal Income vtv5 trực tiếp bóng đá hôm nay 2007stipulates:
Taxpayers facing difficulties due to natural disasters, fires, accidents, or severe diseases affecting their vtv5 trực tiếp bóng đá hôm nay payment capacity are eligible for vtv5 trực tiếp bóng đá hôm nay reductions proportional to the damage extent but not exceeding the payable vtv5 trực tiếp bóng đá hôm nay amount.
Regarding Non-agricultural Land Use vtv5 trực tiếp bóng đá hôm nay:
Clause 9 Article 9 of theLaw on Non-agricultural Land Use vtv5 trực tiếp bóng đá hôm nay 2010stipulates:
Taxpayers facing difficulties due to force majeure events, if the damages to land and property on land exceed 50% of the taxable value.
Clause 4 Article 10 of theLaw on Non-agricultural Land Use vtv5 trực tiếp bóng đá hôm nay 2010stipulates:
50% vtv5 trực tiếp bóng đá hôm nay reduction for the following cases:
Taxpayers facing difficulties due to force majeure events, if the damages to land and property on land range from 20% to 50% of the taxable value.
(4) Deductible Expenses When Calculating CIT:
Clause 2 Article 9 ofDecree 218/2013/ND-CPstipulates:
Non-deductible expenses when determining taxable income are implemented according to Clause 2 Article 9 of theLaw on Corporate Income vtv5 trực tiếp bóng đá hôm nay 2008and Clause 5 Article 1 of theAmendment Law on Corporate Income vtv5 trực tiếp bóng đá hôm nay 2013, with specific cases of non-deductible expenses stipulated as follows:
- Expenses that do not meet the conditions stipulated in Clause 1 Article 9 ofDecree 218/2013/ND-CP, except the value of losses due to natural disasters, epidemics, fires, and other force majeure cases not compensated.
The value loss due to natural disasters, epidemics, fires, and other force majeure cases not compensated is determined by the total loss value minus (-) the value compensated by the insurer or other organizations and individuals according to the law.
(5) VAT Input vtv5 trực tiếp bóng đá hôm nay Deductions:
Clause 1 Article 14 ofCircular 219/2013/TT-BTCstipulates:
VAT input vtv5 trực tiếp bóng đá hôm nay for goods and services used for the production and trading of VAT-liable goods and services is fully deductible, including irreplaceable VAT input vtv5 trực tiếp bóng đá hôm nay for VAT-liable goods lost.
Irreplaceable losses are deducted from VAT input vtv5 trực tiếp bóng đá hôm nay, including: natural disasters, fires, uncompensated losses by insurance, goods with reduced quality, expired goods to be destroyed. Business establishments must have complete records and documents to prove uncompensated losses for VAT deduction.
What is the guidance of vtv5 trực tiếp bóng đá hôm nay authorities of Vietnam on vtv5 trực tiếp bóng đá hôm nay exemption, reduction, or payment deadline extension due to natural disasters? (Image from the Internet)
Law onTax Administration: Regulations on vtv5 trực tiếp bóng đá hôm nay declaration submission deadline extensions due to natural disasters in Vietnam
According to Article 46 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019, the stipulations are as follows:
Extension of vtv5 trực tiếp bóng đá hôm nay Declaration Submission
1. Taxpayers unable to file vtv5 trực tiếp bóng đá hôm nay declarations by the due date due to natural disasters, catastrophes, epidemics, fires, or unexpected accidents are granted extensions by the head of the directly managing vtv5 trực tiếp bóng đá hôm nay authority.
2. The extension period does not exceed 30 days for monthly, quarterly, yearly declaration filings, or filings for each arising vtv5 trực tiếp bóng đá hôm nay obligation; 60 days for annual vtv5 trực tiếp bóng đá hôm nay finalization filings from the declaration filing due date.
3. Taxpayers must submit to the vtv5 trực tiếp bóng đá hôm nay authority a written request for an extension before the declaration filing due date, stating the reason and having confirmation from the commune-level People's Committee or commune-level police where the extension case arises as prescribed in Clause 1 of this Article.
4. Within 03 working days from receiving the extension request, the vtv5 trực tiếp bóng đá hôm nay authority must respond in writing to the taxpayer about the acceptance or rejection of the extension request.
Thus, taxpayers who cannot file vtv5 trực tiếp bóng đá hôm nay declarations on timedue to natural disasters, catastrophes, epidemics, fires, or unexpected accidentsare granted extensions by the head of the directly managing vtv5 trực tiếp bóng đá hôm nay authority.
Taxpayers must submit a written request for an extension to the vtv5 trực tiếp bóng đá hôm nay authority before the declaration filing due date, stating the reason and having confirmation from the local commune-level People's Committee or police where the extension case arises.
Note:The extension period does not exceed 30 days for monthly, quarterly vtv5 trực tiếp bóng đá hôm nay declaration submission from the due date.
What are cases where late payment interest shall not be chargeddue to natural disasters in Vietnam?
Clause 5 Article 59 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019stipulates:
Handling Late vtv5 trực tiếp bóng đá hôm nay Payments
...
5. No late payment interest for the following cases:
a) Taxpayers supplying goods and services paid with state budget fund sources, including subcontractors specified in contracts with investors and directly paid by investors but not yet paid do not owe late payment interests.
The unpaid vtv5 trực tiếp bóng đá hôm nay amount not incurring late payment interests is the total unpaid vtv5 trực tiếp bóng đá hôm nay amount owed by the taxpayers but not exceeding the unpaid state budget amount.
b) Cases specified at point b Clause 4 Article 55 of this Law do not owe late payment interests while awaiting analysis, audit results, while the official price is not available, while the final payment amount and additional adjustments to customs value are not determined.
6. No late payment interest for cases with debt freezing as prescribed in Article 83 of this Law.
7. Taxpayers filing additional declarations reducing payable vtv5 trực tiếp bóng đá hôm nay are adjusted to the reduced late payment interest corresponding to the difference in reduced vtv5 trực tiếp bóng đá hôm nay amount.
8. Taxpayers incurring late payment interest as prescribed in Clause 1 of this Article are exempted from late payment interest in force majeure cases specified in Clause 27 Article 3 of this Law.
9. The Minister of Finance prescribes the handling procedure for late vtv5 trực tiếp bóng đá hôm nay payments.
Referring to Clause 27 Article 3 of theLaw on vtv5 trực tiếp bóng đá hôm nay Administration 2019stipulates:
Definition of Terms
In this Law, the following terms are defined as:
...
27. Force majeure cases include:
a) Taxpayers incurring material losses due to natural disasters, catastrophes, epidemics, fires, unexpected accidents;
b) Other force majeure cases as prescribed by the Government.
Thus, taxpayers incurring late payment interest due to damages affected by natural disasters are exempted from late payment interest.
