DELAY THE APPLICATION DEADLINE FOR CHARGING ON THE TOTAL REVENUE FOR TELEVISION SERVICE PROVIDERS
On December 31, 2021, the Ministry of Finance issues the Circular No. 127/2021/TT-BTC amending and supplementing Clauses 1, 2 Article 1 of the Minister of Finance’s Circular No. 94/2020/TT-BTC dated November 16, 2020, amending and supplementing a number of articles of the Minister of Finance’s Circular No. 307/2016/TT-BTC dated November 15, 2016, on prescribing the rates and collection, remittance, management and use of charges for the right to provide pay television services, and fees for grant of a registration certificate for the provision of foreign program channels on pay television.
Accordingly, charge rates for the right to provide pay television services are 0.3% of the revenue from charging the right to provide pay television services. From January 01, 2022, the revenue from charging the right to provide pay television services is the total revenue of more than VND 50 billion (excluding value-added tax) arising from contracts with pay television subscribers in the calendar year.
From January 01, 2023, the revenue from charging the right to provide pay television services is the total revenue arising from contracts with pay television subscribers in the billing period (excluding value-added tax).
From January 01, 2022 to the end of December 31, 2022, pay television service providers shall pay quarterly charges. From the quarter when the total accumulated revenue from January 01 of the calendar year is more than VND 50 billion, the provider shall calculate and pay charges for the part of the total revenue that is more than VND 50 billion. From January 01, 2023, pay television service providers shall calculate and pay charges for total revenue arising in the quarter.
This Circular takes effect on January 01, 2022.
