Abstract
VAT is applied to goods and services used for activities involving production, trade, and/or consumption within the Vietnamese territory, including goods and services purchased abroad. In addition, VAT is also applicable to the value of customs duty paid on imported goods. The payment of VAT is calculated based on the difference between the output VAT calculated on income and the VAT credit on purchases of goods and services.
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© 2014 Springer International Publishing Switzerland
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Riccardi, L. (2014). Turnover Taxes and Other Taxes. In: Vietnam Tax Guide. Springer, Cham. https://doi.org/10.1007/978-3-319-02138-6_4
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DOI: https://doi.org/10.1007/978-3-319-02138-6_4
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-02137-9
Online ISBN: 978-3-319-02138-6
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