Article Point b Clause Article Circular
Feb 27, 2024 5:31:36 GMT
Post by account_disabled on Feb 27, 2024 5:31:36 GMT
The of Circular No. TTBTC Lottery companies insurance businesses and multilevel marketing businesses are responsible for deducting tax before paying revenue. income for individuals whereby individuals do not have to declare taxes themselves. For determining nontaxable revenue threshold According to the instructions in Clause Article Points b and c Clause Article Point b Clause Article Points b and c Clause No. TTBTC then Business individuals are not required to pay VAT or personal income tax if their business revenue in the year is million VND or less.
In case an individual does business in Buy Bulk SMS Service the form of a group household or individual coowning a rental property the revenue level is million VNDyear or less to determine that the individual does not have to pay VAT or is not required to pay VAT. Personal income tax is determined for a single representative in the tax year. Before According to the instructions in the VAT Law and documents guiding the implementation of the VAT Law Circular No. TTBTC dated August of the Ministry of Finance From onwards the revenue threshold of million VND only applies to VAT.
For personal income tax individuals must pay tax if they have income that is taxable. In case individuals do business in the form of groups households or individuals coowning rental properties the taxable income is calculated for each individual to calculate family deductions. For individuals doing business in the form of business cooperation with organizations According to the instructions in Point c Clause Article Point b Clause Article Circular No. TTBTC Individuals do business in the form of business cooperation with organizations assets participating in business cooperation are owned by the individual and business revenue cannot be determined then the individual authorizes the organization to declare taxes and Pay taxes instead using the flat method. Organizations.
In case an individual does business in Buy Bulk SMS Service the form of a group household or individual coowning a rental property the revenue level is million VNDyear or less to determine that the individual does not have to pay VAT or is not required to pay VAT. Personal income tax is determined for a single representative in the tax year. Before According to the instructions in the VAT Law and documents guiding the implementation of the VAT Law Circular No. TTBTC dated August of the Ministry of Finance From onwards the revenue threshold of million VND only applies to VAT.
For personal income tax individuals must pay tax if they have income that is taxable. In case individuals do business in the form of groups households or individuals coowning rental properties the taxable income is calculated for each individual to calculate family deductions. For individuals doing business in the form of business cooperation with organizations According to the instructions in Point c Clause Article Point b Clause Article Circular No. TTBTC Individuals do business in the form of business cooperation with organizations assets participating in business cooperation are owned by the individual and business revenue cannot be determined then the individual authorizes the organization to declare taxes and Pay taxes instead using the flat method. Organizations.