Value Added Tax
Policies name | Value Added Tax |
Legislation type | Other document |
Issue organization | Vietnam Government |
Field, industry | Tax - Cost - Fees |
Content |
(For reference only) 1. Scope of application: Regulations on taxable, are not subject to tax, the taxpayer base and tax calculation methods, credit and refund of value added tax 2. Value Added Tax: Value Added Tax is a tax on the value added of goods and services arising in the course of production, circulation to consumption. 3.Tax rate: 0% tax rate applies to goods and services exports, international transportation of goods and services not subject to value added tax provided for in Article 5 of the Law on Value Added Tax; reinsurance services abroad; credit granting services, transfer funds, derivative financial services; postal services, telecommunications; products are exported resources, mineral extraction unprocessed provisions of Clause 23, Article 5 of the Law on Value Added Tax. The tax rate of 5% applies to goods and services as follows:
The tax rate of 10% applies to goods and services not specified in Clause 1 and Clause 2, Article 8 of the Law on Value Added Tax. Related documents: Value Added Tax Law No. 13/2008 / QH12 Law No. 31/2013 / QH13 amending and supplementing a number of articles of the Law on Value Added Tax. Decree No. 209/2013 / ND-CP detailing and guiding the implementation of some articles of value added tax law. Circular 219/2013 / TT-BTC guiding the implementation of the Value Added Tax Act and Decree No. 209/2013/ND-CP.
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