In order to calculate the payable export tax price, tax rate and export duty price must be known. In order to define the export duty price, it is necessary to know the principles and methods of customs valuation applicable to exported goods
On February 02, 2023, the Minister of Finance issues Circular No. 07/2023/TT-BTC providing the rates, collection, remittance, management, and use of the charge for appraisal of environmental remediation and rehabilitation plans by central agencies.
It is necessary to define the incomes liable to personal income tax in order to calculate the taxable income. Here is the solution on what is the taxable income and what are incomes liable to personal income tax in 2023.
In the process of production and business, households and individuals must pay taxes and charges in accordance with law provisions. Payable charges and taxes include personal income tax, valued added tax, and business license tax.
Regulations on personal income tax are currently amended, supplemented, or issued, however, there are many disadvantages such as taxes from loss-making security transfers, business households, or individuals.
The business license fee is the assigned amount that organizations, individuals, individual groups, and households engaged in goods production and service provision activities, excluded exempted cases. The business license fee period 2023 is assigned with a specific time in accordance with the periodical responsibilities.
Depending on the sources of each type of income, payable incomes can be calculated in accordance with the partially progressive tax tariff or whole progressive tax tariff. In order to understand the definition of the whole tax which is applicable to all types of income tax, please follow this article.
Personal income tax (PIT) is a popular type of tax, at the same time, this is an important revenue to the state budget. However, not everyone knows what is personal income tax and who must pay the personal income tax.