Does a daughter-in-law have to pay personal income tax on inherited land vtv5 trực tiếp bóng đá hôm nay parents-in-law in Vietnam?
Does a daughter-in-law have to pay personal income tax (PIT) on inherited land vtv5 trực tiếp bóng đá hôm nay parents-in-law in Vietnam?
Pursuant to the provisions of Article 4 of thePersonal Income Tax Law 2007(amended by Clause 2, Article 1 of theLuật thuế thu lịch trực tiếp bóng đáand supplemented by Clause 3, Article 2 of theAmended Tax Laws 2014) regarding tax-exempt income, it includes:
- Income vtv5 trực tiếp bóng đá hôm nay real estate transfers between husband and wife; biological parents and biological children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and grandchildren; maternal grandparents and grandchildren; siblings.
- Income vtv5 trực tiếp bóng đá hôm nay the transfer of housing, land use rights, and assets attached to residential land of an individual if the individual possesses only one house or residential land.
- Income vtv5 trực tiếp bóng đá hôm nay the value of land use rights granted by the State to individuals.
- Income vtv5 trực tiếp bóng đá hôm nay inheritance or gifts of real estate between husband and wife; biological parents and biological children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and grandchildren; maternal grandparents and grandchildren; siblings.
- Income of households and individuals directly engaged in agricultural, forestry, salt production, aquaculture, and fishing activities that have not undergone processing into other products or are only ordinarily processed.
- Income vtv5 trực tiếp bóng đá hôm nay the conversion of agricultural land allocated by the State to households and individuals for production.
- Income vtv5 trực tiếp bóng đá hôm nay interest on deposits at credit institutions, interest vtv5 trực tiếp bóng đá hôm nay life insurance contracts.
- Income vtv5 trực tiếp bóng đá hôm nay remittances.
- Portion of wages for night work and overtime that are higher than daytime wages as regulated by law.
- Pensions paid by the Social Insurance Fund; pensions paid by voluntary pension funds monthly.
- Income vtv5 trực tiếp bóng đá hôm nay scholarships, including:
+ Scholarships received vtv5 trực tiếp bóng đá hôm nay the state budget;
+ Scholarships received vtv5 trực tiếp bóng đá hôm nay domestic and foreign organizations under their educational support programs.
- Income vtv5 trực tiếp bóng đá hôm nay compensation for life and non-life insurance contracts, compensation for workplace accidents, state compensation, and other compensations as prescribed by law.
- Income received vtv5 trực tiếp bóng đá hôm nay charitable funds established or recognized by competent state agencies operating for charitable, humanitarian, non-profit purposes.
- Income received vtv5 trực tiếp bóng đá hôm nay foreign aid for charitable, humanitarian purposes in the form of government and non-governmental approved by competent state agencies.
- Income vtv5 trực tiếp bóng đá hôm nay wages and salaries of Vietnamese seafarers working for foreign shipping lines or Vietnamese shipping lines engaged in international transport.
- Income of individuals who are ship owners, individuals with the right to use a ship, and individuals working on ships vtv5 trực tiếp bóng đá hôm nay activities providing goods and services directly serving offshore fishing.
According to the regulation,income vtv5 trực tiếp bóng đá hôm nay inheritance of real estate between parents-in-law and daughters-in-law is exempt vtv5 trực tiếp bóng đá hôm nay personal income tax. Therefore, a daughter-in-law inheriting land vtv5 trực tiếp bóng đá hôm nay her parents-in-law is not required to pay PIT.
Does a daughter-in-law have to pay PITon inherited land vtv5 trực tiếp bóng đá hôm nay parents-in-law in Vietnam?Image vtv5 trực tiếp bóng đá hôm nay the Internet)
What is the time limit for a daughter-in-law to request inheritance confirmation of land vtv5 trực tiếp bóng đá hôm nay parents-in-law in Vietnam?
Pursuant to the provisions of Article 623 of theCivil Code 2015on the time limit for inheritance as follows:
Article 623. Time Limit for Inheritance
1. The time limit for an heir to request the division of the estate is 30 years for real estate, and 10 years for movable property, vtv5 trực tiếp bóng đá hôm nay the time the inheritance is opened. After this period, the estate belongs to the heir who is managing the estate. If there is no heir managing the estate, it shall be resolved as follows:
a) The estate belongs to the person possessing it as prescribed in Article 236 of this Code;
b) The estate belongs to the State if there is no possessing person as prescribed in point a of this Clause.
2. The time limit for an heir to request confirmation of their inheritance rights or to reject the inheritance rights of others is 10 years vtv5 trực tiếp bóng đá hôm nay the time the inheritance is opened.
3. The time limit to request an heir to fulfill the obligations related to the deceased's estate is 3 years vtv5 trực tiếp bóng đá hôm nay the time the inheritance is opened.
Accordingly,the time limit for a daughter-in-law to request confirmation of inheritance rights of land vtv5 trực tiếp bóng đá hôm nay her parents-in-law is 10 years vtv5 trực tiếp bóng đá hôm nay the date the inheritance is opened.
When is the inheritance opened?
Based on Clause 1, Article 611 of theCivil Code 2015, the time of opening inheritance is the time of death of the person whose estate is involved. If a court declares a person deceased, the inheritance opening time is the date identified in Clause 2, Article 71 of theCivil Code 2015.
