WorksheetsBài 3: VAT (P3)
Total questions: 4
Worksheet time: 20mins
On 25 June 2023, the local tax authorities of ABB Co, a Vietnamese company, issued a minute of tax audit stating that the company made an under-declaration of corporate income tax (CIT) of VND 25,000 million for the year ended 31 December 2022. The deadline for tax payments for this period was 31 March 2023. The tax authorities also issued a decision for tax and penalty collection on 3 July 2023, and gave the company ten days from the date of issue to settle the amount due.
What is the potential late payment interest which ABB Co would be required to pay, if ABB Co made a settlement on the decision date of 3 July 2023?
A. VND920 million
B. VND690 million
C. VND606 million
D. VND504 million
What is the estimated amount of VAT for the lease contract with Nhat Minh?
A. VND2,160 billion
B. VND1,560 billion
C. VND1,872 billion
D. Exemption from VAT
Line by Line, a telecom company, which has a head office in Ho Chi Minh City, operates postpaid telecommunication services in Hanoi and established a subsidiary account branch in Hanoi to pay VAT by deduction method (the branch is not self-employed and does not issue invoice). The revenue of this service of the entire company in September 2020 was VND200 billion including VAT, the revenue in Hanoi was VND88 billion including VAT.
What is the amount of VAT that Line by Line has to declare and pay in September 2020?
A. Declare the revenue of VND181.8 billion before tax, the payable tax of VND18.2 billion
and pay them all at the head office
B. Declare the revenue of VND181,8 billion before tax, and the VAT of VND18.2 billion at the head office and pay VND1.6 billion at the Hanoi branch
C. Declare the revenue of VND101,82 billion before tax and the VAT of VND10,18 billion
at the head office. Declare and pay the VAT of VND8 billion at Hanoi branch
Declare the revenue of VND181,8 billion before tax, and the VAT of VND16.6 billion at
the head office and pay VND1.6 billion at the Hanoi branch
What is the amount of VAT-exclusive turnover from the services provided in Vietnam?
A. VND13.64 billion
B. VND9.55 billion
C. VND6.82 billion
D. VND5.11 billion
