How many times may an dependant be counted vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay a taxpayer in Vietnam?

How many times may an dependant be counted vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay a taxpayer in Vietnam?

According to Clause 2, Article 19 of theLaw on Personal Income Tax 2007, the personal exemption is stipulated as follows:

Personal exemption

1. personal exemption is the amount deducted from taxable income before calculating tax on income from business, salary, and wages vtv2 trực tiếp bóng đá hôm nay taxpayers who are resident individuals. The personal exemption consists of the following two parts:

a) Deduction vtv2 trực tiếp bóng đá hôm nay the taxpayer is 4 million VND/month (48 million VND/year);

b) Deduction vtv2 trực tiếp bóng đá hôm nay each dependant is 1.6 million VND/month.

2. The determination of personal exemption vtv2 trực tiếp bóng đá hôm nay dependants is based on the principle that each dependant is only deducted once against one taxpayer.

3. dependants are individuals that the taxpayer is responsible vtv2 trực tiếp bóng đá hôm nay supporting, including:

a) Minor children; children with disabilities, unable to work;

b) Individuals without income or with income not exceeding the prescribed level, including adult children who are currently studying at universities, colleges, professional secondary schools, or vocational schools; spouse unable to work; elderly parents or parents unable to work; other dependants without a place to live whom the taxpayer must directly care vtv2 trực tiếp bóng đá hôm nay.

The Government of Vietnam stipulates the income level and declaration to determine dependants eligible vtv2 trực tiếp bóng đá hôm nay personal exemption.

Thus, according to the above stipulations, an individual is entitled to a personal exemption vtv2 trực tiếp bóng đá hôm nay a dependant only once in a tax year. This means each dependant can only be deducted once against one taxpayer.

How many times may an dependant be counted vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay a taxpayer in Vietnam?(Image from the Internet)

When may taxpayers make deductions vtv2 trực tiếp bóng đá hôm nay theirdependants in Vietnam?

According to point c, Clause 1, Article 9 ofCircular 111/2013/TT-BTC, the contents related to personal income tax vtv2 trực tiếp bóng đá hôm nay individuals doing business in this Article were repealed by Clause 6, Article 25 ofCircular 92/2015/TT-BTC, stipulating the deductions as follows:

Deductions

Deductions as guided in this Article are amounts deducted from the taxable income of individuals before determining taxable income from salary, wages, and business. To be specific:

1. personal exemption

According to the provisions of Article 19 of the Personal Income Tax Law; Clause 4, Article 1 of the Law amending and supplementing a number of articles of the Personal Income Tax Law; Article 12 of Decree No. 65/2013/ND-CP, the personal exemption is implemented as follows:

....

c) Principle vtv2 trực tiếp bóng đá hôm nay determining personal exemption

....

c.2) personal exemption vtv2 trực tiếp bóng đá hôm nay dependants

c.2.1) Taxpayers are eligible vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay dependants if the taxpayer has taxpayer registration and is assigned a tax identification number.

c.2.2) When the taxpayer registers vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay dependants, the tax authority will grant a tax identification number vtv2 trực tiếp bóng đá hôm nay the dependant and temporarily calculate personal exemption vtv2 trực tiếp bóng đá hôm nay the year from the registration time. vtv2 trực tiếp bóng đá hôm nay those dependants registered vtv2 trực tiếp bóng đá hôm nay personal exemption before the effective date of this Circular, the deduction continues until the tax identification number is assigned.

c.2.3) In cases where the taxpayer has not applied personal exemption vtv2 trực tiếp bóng đá hôm nay dependants in the tax year, the deduction is applied from the month the obligation to support arises when the taxpayer completes the tax finalization and registers vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay dependants. Specifically vtv2 trực tiếp bóng đá hôm nay other dependants under the guidance at section d.4, point d, clause 1, this Article, the registration deadline vtv2 trực tiếp bóng đá hôm nay personal exemption is no later than December 31 of the tax year; after this deadline, no personal exemption is granted vtv2 trực tiếp bóng đá hôm nay that tax year.

c.2.4) Each dependant can only be deducted once against one taxpayer in a tax year. In cases where multiple taxpayers share a common dependant to support, the taxpayers themselves must agree on which person will register the personal exemption.

d) dependants include:

d.1) Children: biological children, legally adopted children, non-biological children, stepchildren of the wife, stepchildren of the husband, specifically including:

d.1.1) Children under 18 years old (calculated by full month).

.....

Thus, according to the above regulations, taxpayers are eligible vtv2 trực tiếp bóng đá hôm nay personal exemption vtv2 trực tiếp bóng đá hôm nay dependants if the taxpayer has taxpayer registration and is assigned a tax identification number.

What is the personal exemption amount vtv2 trực tiếp bóng đá hôm nay dependants in Vietnam in 2024?

According to the stipulations in Article 19 of theLaw on Personal Income Tax 2007, amended by Clause 4, Article 1 of the2012 Revised Personal Income Tax Law, Article 1 ofResolution 954/2020/UBTVQH14(relating to determining tax vtv2 trực tiếp bóng đá hôm nay business individuals in Clause 1 of this Article repealed by Clause 4, Article 6 of the2014 Law on Amendments to Tax Laws), the personal exemption vtv2 trực tiếp bóng đá hôm nay each dependant is 4.4 million VND/month.