What is trực tiếp bóng đá euro hôm nay tax reduction rate for business establishment pay VAT using trực tiếp bóng đá euro hôm nay direct method in Vietnam in trực tiếp bóng đá euro hôm nay first 6 months of 2025?

What is trực tiếp bóng đá euro hôm nay tax reduction rate for business establishment pay VAT using trực tiếp bóng đá euro hôm nay direct method in Vietnam in trực tiếp bóng đá euro hôm nay first 6 months of 2025?

Based on Clause 2, Article 1 ofDecree 180/2024/ND-CP, trực tiếp bóng đá euro hôm nay reduction rate for VAT is specified as follows:

VAT reduction

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2. Rate of VAT reduction

a) business establishments calculating VAT by trực tiếp bóng đá euro hôm nay deduction method are to apply an 8% VAT rate for trực tiếp bóng đá euro hôm nay goods and services stipulated in Clause 1 of this Article.

b) business establishments (including business establishment households and individuals) payingVAT using trực tiếp bóng đá euro hôm nay direct method are entitled to a 20% reduction in trực tiếp bóng đá euro hôm nay percentage rate used to calculate VAT when issuing invoices for goods and services that receive a VAT reduction as specified in Clause 1 of this Article.

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Simultaneously, based on Article 2 ofDecree 180/2024/ND-CP, trực tiếp bóng đá euro hôm nay enactment and implementation of trực tiếp bóng đá euro hôm nay Decree are regulated as follows:

Effective date and implementation

1. This Decree shall be effective from January 1, 2025, to June 30, 2025.

2. Ministries based on their functions and duties, as well as Provincial People's Committees, are to direct relevant agencies to launch, guide, inspect, and supervise so consumers understand and benefit from trực tiếp bóng đá euro hôm nay VAT reductions outlined in Article 1 of this Decree, focusing on stabilizing trực tiếp bóng đá euro hôm nay supply and demand of goods and services subject to VAT reduction to maintain a stable market price level (excluding VAT) from January 1, 2025, to June 30, 2025.

3. If issues arise during implementation, trực tiếp bóng đá euro hôm nay Ministry of Finance shall provide guidance and resolution.

4. Ministers, heads of ministerial-level agencies, heads of agencies under trực tiếp bóng đá euro hôm nay Government of Vietnam, chairpersons of Provincial People's Committees, and relevant business establishments, organizations, and individuals are responsible for implementing this Decree.

Thus, from January 1, 2025, to June 30, 2025, business establishments (including business establishment households and individuals) paying VAT using trực tiếp bóng đá euro hôm nay direct method will receive a reduction of 20% of trực tiếp bóng đá euro hôm nay percentage rate for goods and services eligible for VAT reduction as specified in Clause 1, Article 1 ofDecree 180/2024/ND-CP.

What is trực tiếp bóng đá euro hôm nay tax reduction rate for business establishment pay VAT using trực tiếp bóng đá euro hôm nay direct method in Vietnam in trực tiếp bóng đá euro hôm nay first 6 months of 2025?(Image from trực tiếp bóng đá euro hôm nay Internet)

What are procedures forimplementingVAT reduction for business establishments payingVAT using trực tiếp bóng đá euro hôm nay direct method in Vietnam?

Based on Clause 3, Article 1 ofDecree 180/2024/ND-CP, trực tiếp bóng đá euro hôm nay procedure for implementing VAT reduction is detailed as follows:

VAT reduction

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3. Procedure and implementation steps

a) For business establishments stipulated in point a, Clause 2 of this Article, when creating a VAT invoice for goods and services eligible for VAT reduction, in trực tiếp bóng đá euro hôm nay VAT rate line, note "8%"; trực tiếp bóng đá euro hôm nay VAT amount; and trực tiếp bóng đá euro hôm nay total amount trực tiếp bóng đá euro hôm nay buyer must pay. Based on trực tiếp bóng đá euro hôm nay VAT invoice, business establishments selling goods and services declare output VAT, and business establishments purchasing goods and services declare input VAT deduction based on trực tiếp bóng đá euro hôm nay reduced tax amount indicated on trực tiếp bóng đá euro hôm nay VAT invoice.

b) For business establishments stipulated in point b, Clause 2 of this Article, when creating a sales invoice for goods and services eligible for VAT reduction, in trực tiếp bóng đá euro hôm nay "Amount" column, write trực tiếp bóng đá euro hôm nay full amount for goods and services before reduction, and in trực tiếp bóng đá euro hôm nay "Total amount of goods and services" line, note trực tiếp bóng đá euro hôm nay amount after a 20% reduction in trực tiếp bóng đá euro hôm nay percentage rate on revenue, with a note: "reduced by... (amount) corresponding to a 20% reduction in trực tiếp bóng đá euro hôm nay percentage rate for calculating VAT per Resolution No. 142/2024/QH15".

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Thus, trực tiếp bóng đá euro hôm nay procedure and steps to implement VAT reduction for business establishments paying VAT using trực tiếp bóng đá euro hôm nay direct method are executed when issuing sales invoices for goods and services eligible for VAT reduction as follows:

- In trực tiếp bóng đá euro hôm nay "Amount" column, write trực tiếp bóng đá euro hôm nay full amount for goods and services before reduction.

- In trực tiếp bóng đá euro hôm nay "Total amount of goods and services" line, write trực tiếp bóng đá euro hôm nay amount after a 20% reduction in trực tiếp bóng đá euro hôm nay percentage rate on revenue, with a note: “reduced by... (amount) corresponding to a 20% reduction in trực tiếp bóng đá euro hôm nay percentage rate for calculating VAT according toNghị vtv2 trực tiếp bóng đá hôm”.

Whichentities are eligible for VAT reduction in Vietnam?

Based on Clause 1, Article 1 ofDecree 180/2024/ND-CP, trực tiếp bóng đá euro hôm nay entities eligible for VAT reduction are defined as follows:

- VAT reduction for groups of goods and services currently applying a 10% tax rate, excluding trực tiếp bóng đá euro hôm nay following groups:

+ Telecommunications, financial activities, banking, securities, insurance, real estate business establishment, metals and fabricated metal products, mineral products (excluding coal mining), coke, refined petroleum, chemical products. Details are in Appendix 1 issued withDecree 180/2024/ND-CP.

+ Goods and services subject to special consumption tax. Details are in Appendix 2 issued withDecree 180/2024/ND-CP.

+ Information technology under trực tiếp bóng đá euro hôm nay laws on information technology. Details are in Appendix 3 issued withDecree 180/2024/ND-CP.

Note:

- trực tiếp bóng đá euro hôm nay VAT reduction for each type of goods and services outlined in Clause 1, Article 1 ofDecree 180/2024/ND-CPis uniformly applied in trực tiếp bóng đá euro hôm nay stages of import, production, processing, and commercial business establishment.

- For coal products sold (including coal mined and then screened, classified in a closed process before selling) are subject to a VAT reduction.

- Coal listed in Appendix 1 issued withDecree 180/2024/ND-CP, at stages other than extractive selling, are not eligible for a VAT reduction.