Are scholarships from 02 schools exempted from personal xem bóng đá trực tiếp trên youtube in Vietnam?

Are scholarships from 02 schools exempted from personal xem bóng đá trực tiếp trên youtube in Vietnam?

Based on Clause 11 Article 4 of theLaw on Personal xem bóng đá trực tiếp trên youtube 2007, the regulations are as follows:

Tax-Exempt xem bóng đá trực tiếp trên youtube

1. xem bóng đá trực tiếp trên youtube from the transfer of real estate between spouses; biological parents and their children; adoptive parents and their adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and their grandchildren; maternal grandparents and their grandchildren; siblings.

2. xem bóng đá trực tiếp trên youtube from the transfer of residential houses, homestead land use rights, and assets attached to the homestead land of individuals, in cases where the individual owns only one residential house and homestead land.

3. xem bóng đá trực tiếp trên youtube from the value of land use rights granted to individuals by the State.

4. xem bóng đá trực tiếp trên youtube from inheritance, gifts in the form of real estate between spouses; biological parents and their children; adoptive parents and their adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and their grandchildren; maternal grandparents and their grandchildren; siblings.

5. xem bóng đá trực tiếp trên youtube of households and individuals directly producing agriculture, forestry, salt-making, aquaculture, and fishing not processed into other products or only through preliminary processing.

…

11. xem bóng đá trực tiếp trên youtube from scholarships, including:

a) Scholarships received from the state budget;

b) Scholarships received from domestic and international organizations under the scholarship support programs of such organizations.

12. xem bóng đá trực tiếp trên youtube from compensation for life and non-life insurance contracts, compensation for work accidents, state compensation, and other compensation as prescribed by law.

13. xem bóng đá trực tiếp trên youtube received from charitable funds permitted or recognized by competent state authorities to be established, operating for charitable, humanitarian purposes and not for profit.

14. xem bóng đá trực tiếp trên youtube received from foreign aid for charitable, humanitarian purposes in the form of governmental and non-governmental aid approved by the competent state authority.

Therefore, one of the cases of tax exemption is xem bóng đá trực tiếp trên youtube from scholarships, including those received from the state budget, and scholarships from domestic and international organizations under the scholarship support programs of such organizations.

There is no regulation restricting or prohibiting this kind of support from up to 03 schools. Hence, the principle of exemption remains applicable.

Are scholarships from 02 schools exempted from personal xem bóng đá trực tiếp trên youtube in Vietnam?(Image from the Internet)

Is income from capital investmentsubject to personal xem bóng đá trực tiếp trên youtube in Vietnam?

Based on Clause 3 Article 3 of theLaw on Personal xem bóng đá trực tiếp trên youtube 2007(amended by Clause 4 Article 2 ofDecree 12/2015/ND-CP) the regulations are as follows:

Taxable xem bóng đá trực tiếp trên youtube

Taxable xem bóng đá trực tiếp trên youtube of individuals includes the following types of xem bóng đá trực tiếp trên youtube:

….

2. xem bóng đá trực tiếp trên youtube from wages and salaries received from employers, including:

a) Salaries, wages, and amounts of similar nature received in the form of cash or non-cash.

…

3. xem bóng đá trực tiếp trên youtube from capital investment, including:

a) Loan interest xem bóng đá trực tiếp trên youtube;

b) Dividend profits;

c) Income from other forms of capital investments, including investment in capital contributions by physical assets, reputation, land use rights, inventions, and patents; except income received from interest on bonds issued by the Government of Vietnam, and income after corporate xem bóng đá trực tiếp trên youtube has been paid by private enterprises and one-member limited liability companies owned by individuals.

Therefore, according to the regulations, not only capital investment is subject to personal xem bóng đá trực tiếp trên youtube, but also investment by physical assets, reputation, land use rights, inventions, and patents falls under taxable cases.

What incomes from business activitiesaresubject to personal xem bóng đá trực tiếp trên youtube in Vietnam?

According to Clause 1 Article 2 ofCircular 111/2013/TT-BTC, incomes from business activities that is subject to personal xem bóng đá trực tiếp trên youtube includes income derived from production, business activities in the following fields:

(1) xem bóng đá trực tiếp trên youtube from the production and trading of goods and services in all fields and business sectors in accordance with the law, such as: production and trading of goods; construction; transportation; food and beverage services; service businesses, including real estate leasing, land use rights, and water surfaces, and other assets.

(2) xem bóng đá trực tiếp trên youtube from independent professional activities of individuals in fields and sectors where a practice license or certificate is issued according to the provisions of the law.

(3) xem bóng đá trực tiếp trên youtube from production and business activities in agriculture, forestry, salt making, aquaculture, and fishing that do not meet the conditions for tax exemption as guided at Point e, Clause 1 Article 3 ofCircular 111/2013/TT-BTC.