What are the important points of Circular 80/2021/TT-BTC guiding the implementation of a number of articles of the Law on Tax Administration and Decree No. 126/2020/ND-CP? See the following article for details.Table of Contents Hide
1. Basic information of Circular 80/2021/TT-BTC
2. Important provisions in Circular 80/2021/TT-BTC
First, declare tax from real estate activities according to Circular 80
Second, declare tax for telecommunication services according to Circular 80
Third, determine the amount of tax exemption or reduction of enterprises according to Circular 80
Deadline for submitting tax declaration and paying tax according to Circular 80
3. Summary of tax declaration forms according to Circular 80
1. Basic information of Circular 80/2021/TT-BTC
On September 29, 2021, the Minister of Finance issued Circular 80/2021/TT-BTC guiding the implementation of a number of articles of the Law on Tax Administration and Decree No. 126/2020/ND-CP dated October 19, 2020 of the Government detailing a number of articles of the Law on Tax Administration.
Abstract Guidance on the implementation of a number of articles of the Law on Tax Administration and Decree No. 126/2020/ND-CP dated October 19, 2020 of the Government detailing a number of articles of the Law on Tax Administration.
Download document Circular 80/2021/TT-BTC
The issuance of the circular repeals the validity of the following circulars:
2. Important provisions in Circular 80/2021/TT-BTC
First, declare tax from real estate activities according to Circular 80
Taxpayers at the place of real estate transfer do not need to submit quarterly tax declarations but need to determine the amount of provisional corporate income tax to be paid to the State budget by province.
The amount of provisional tax paid canada telegram data annually in the provinces is deducted from the corporate income tax payable from real estate transfers by province, with form 03-8A/TNDN.
If the provisional tax has not been fully deducted, the corporate income tax from real estate transfer
payable will continue to be deducted according to form 03/TNDN.
Second, declare tax for telecommunication checking online directories the ultimate guide services according to Circular 80
Enterprises participating in postpaid telecommunications services, with dependent accounting branches in provinces other than the head office, must submit ws data tax declaration form 01/GTGT.
>> See more: Decree No. 94/2023/ND-CP stipulates the VAT reduction policy according to Resolution 110/2023/QH15: reducing VAT to 8%
Third, determine the amount of tax exemption or reduction of enterprises according to Circular 80
Taxpayers can determine the amount of tax exempted or reduced as follows:
Regarding corporate income tax. Enjoy incentives on tax exemption period. Tax rates according to corporate income tax law.
Regarding resource tax.exemption from resource tax for some. Special subjects such as exploitation of seafood.natural water. Exploitation of land for security purposes dikes etc.
Regarding personal income tax. If an individual’s total income is not yet .at the level subject to personal income .tax in the calendar year. He/she must submit a commitment form 08/ck-tncn .
then the enterprise will not have to pay 10% personal income tax.
Deadline for submitting tax declaration and paying tax according to Circular 80
The deadline for submitting tax declarations of Circular 80 is based on Article 44 of the Law on Tax Administration and Article 10 of Decree No. 126/2020/ND-CP.