Tax - Accounting
Receive prizes from competitions organized by the company – Must pay PIT?
Individuals must pay personal income tax when receiving prizes, except for a few cases where personal income tax is exempt. This article was consulted by Lawyer Nguyen Quang Trung [insert...
Exporting goods – Must pay attention to the time of invoice issuance
Enterprises must issue invoices for export activities, however, there are points to note when issuing invoices. Legal grounds: Decree No. 123/2020/ND-CP; Circular No. 38/2015/TT-BTC, amended and supplemented...
Exporting goods – Which invoice to issue?
Enterprises still have to issue invoices when exporting goods to record revenue and determine tax obligations. Legal grounds: Decree No. 123/2020/ND-CP; Circular No. 38/2015/TT-BTC, amended and supplemented...
Giving gold to customers – Must issue an invoice?
Businesses can donate gold and jewelry to customers to carry out sales promotion campaign. However, please note that you must issue invoices according to regulations. Legal grounds:...
Regulations on release donated goods without collecting money?
Businesses often carry out promotional activities in the form of giving gifts. However, businesses need to pay attention to documents when doing this. Legal grounds: Decree No....
Gifted goods – Handling input and output VAT
Enterprises are allowed to release goods as gifts to customers without collecting money, and must issue invoices in accordance with the law. Legal grounds: Circular No. 219/2013/TT-BTC;...
Employee bonus payments from the reward fund – Be subject to personal income tax?
Enterprises are obliged to deduct personal income tax before paying taxable income to employees in accordance with the law. Legal grounds: Decree No. 65/2013/ND-CP; Circular No. 111/2013/TT-BTC....
2 cases of internal using of inventory – Need to distinguish clearly
Businesses can use inventory for internal use. However need to pay attention to the purpose of use to comply with regulations. Legal grounds: Decree No. 123/2020/ND-CP; Circular...
Incorrectly declaring the value of purchased goods and services on the VAT declaration – How is the penalty?
Enterprises are obliged to declare VAT fully and on time, and are responsible for the declared data. Legal grounds: Law on Tax Administration 2019; Decree No. 126/2020/ND-CP;...
The company gives gifts to employees – When must PIT be deducted?
Benefits of a salary nature that businesses pay to employees are determined as income subject to personal income tax. Legal grounds: Circular No. 111/2013/TT-BTC; Official Dispatch No....
