Is scholarship subject to personal trực tiếp bóng đá việt nam hôm nay tax in Vietnam?

Is scholarship subject to personal trực tiếp bóng đá việt nam hôm nay tax in Vietnam?

Based on the provisions of Article 4 ofDecree 65/2013/ND-CP(supplemented by Clause 6, Article 2 ofDecree 12/2015/ND-CP):

Tax-exempt trực tiếp bóng đá việt nam hôm nay

1. trực tiếp bóng đá việt nam hôm nay from the transfer of real estate (including housing, and construction works to be formed in the future as prescribed by the law on real estate business) between: husband and wife; biological father, biological mother, and biological children; adoptive father, adoptive mother, and adopted children; father-in-law, mother-in-law, and daughter-in-law; father-in-law, mother-in-law, and son-in-law; paternal grandparents and paternal grandchildren; maternal grandparents and maternal grandchildren; siblings.

2. trực tiếp bóng đá việt nam hôm nay from the transfer of housing rights and land-use rights (homestead land) of individuals in cases where the transferor only has a single house or land-use right in Vietnam.

Individuals who transfer a single house or land-use right in Vietnam as prescribed in this Clause must meet the following conditions:

a) At the time of transfer, the individual only has ownership, use rights of a single house or land parcel (including cases where there is a house or construction works affixed to that land parcel);

b) The individual must own, use the house, homestead land for at least 183 days before the transfer;

c) The house or land-use rights must be transferred in full;

Ownership and use rights of the house, homestead land are based on the certificate of ownership and use rights. Individuals transferring the house or land-use right are responsible for declaring and accounting for the accuracy of their declaration to the law. If the competent authority detects incorrect declarations, they will not be exempt from tax and will be handled according to the law.

3. trực tiếp bóng đá việt nam hôm nay from the value of land-use rights of individuals assigned land by the State without charge or with reduced land levy as prescribed by law.

4. trực tiếp bóng đá việt nam hôm nay from inheritance or gifts which are real estate (including housing, and construction works to be formed in the future as prescribed by the law on real estate business) between: husband and wife; biological father, biological mother, and biological children; adoptive father, adoptive mother, and adopted children; father-in-law, mother-in-law, and daughter-in-law; father-in-law, mother-in-law, and son-in-law; paternal grandparents and paternal grandchildren; maternal grandparents and maternal grandchildren; siblings.

5. trực tiếp bóng đá việt nam hôm nay of households and individuals directly engaging in agricultural, forestry, salt-making, and aquaculture that has not been processed into other products or only through ordinary preliminary processing.

Households and individuals directly engaged in production as prescribed in this Clause must meet the following conditions:

a) Have lawful land-use rights, water surface use rights for production and directly participate in agricultural, forestry, salt-making, and aquaculture production labor. For aquaculture, they must have ownership or use rights of boats, ships, fishing vessels, and directly participate in fishing;

b) Reside in the locality where agricultural, forestry, salt-making, and aquaculture activities take place as prescribed by law on residence.

6. trực tiếp bóng đá việt nam hôm nay from the conversion of agricultural land of households and individuals assigned by the State for production.

7. trực tiếp bóng đá việt nam hôm nay from interest on deposits in banks, credit institutions, and life insurance contract interest.

8. trực tiếp bóng đá việt nam hôm nay from remittances.

9. Portion of salary, wages for night work, overtime paid higher than the regular salary, wages for daytime work according to the law.

10. Pensions paid by the Social Insurance Fund according to the provisions of the Law on Social Insurance, monthly pensions received from a voluntary pension fund. Individuals residing, working in Vietnam are exempt from tax on pensions paid by foreign sources.

11. trực tiếp bóng đá việt nam hôm nay from scholarships, including:

a) Scholarships received from the state budget;

b) Scholarships received from domestic and foreign organizations (including living allowances) according to the scholarship support program of that organization.

12. Compensation for life insurance, non-life insurance, health insurance, compensation for occupational accidents, state compensation, and other compensation according to the law.

13. trực tiếp bóng đá việt nam hôm nay received from charitable funds permitted or recognized by the competent state authority, operating for charitable, humanitarian purposes, not for profit.

14. trực tiếp bóng đá việt nam hôm nay received from foreign aid for charitable, humanitarian purposes in the form of the Government of Vietnam and non-governmental organizations approved by the competent state authority.

The Ministry of Finance shall prescribe procedures and dossiers for determining tax-exempt trực tiếp bóng đá việt nam hôm nay as stipulated in this Article.

15. trực tiếp bóng đá việt nam hôm nay from salaries, wages of Vietnamese sailors received for working for foreign shipping companies or Vietnamese international shipping companies.

16. trực tiếp bóng đá việt nam hôm nay of individual shipowners, individuals with the right to use the ship and individuals working on the ship obtained from providing goods, services directly serving offshore fishing activities.

Thus,based on the above regulations, trực tiếp bóng đá việt nam hôm nay from scholarships will be exempt from personal trực tiếp bóng đá việt nam hôm nay tax, including scholarships received from the state budget and scholarships received from domestic and foreign organizations (including living allowances) according to the scholarship support program of that organization.

Is scholarship subject to personal trực tiếp bóng đá việt nam hôm nay tax in Vietnam?​ (Image from the Internet)

When are students in Vietnamrequired to pay personal trực tiếp bóng đá việt nam hôm nay tax?

The types of trực tiếp bóng đá việt nam hôm nay in Article 3 of thePersonal trực tiếp bóng đá việt nam hôm nay Tax Law 2007(amended by Clause 1 and Clause 2, Article 2 of theLaw Amending the Tax Laws 2014and further amended by Clause 1, Article 1 of theAmended Personal trực tiếp bóng đá việt nam hôm nay Tax Law 2012) are taxable trực tiếp bóng đá việt nam hôm nay:

Taxable trực tiếp bóng đá việt nam hôm nay

Taxable personal trực tiếp bóng đá việt nam hôm nay includes the following types of trực tiếp bóng đá việt nam hôm nay, excluding tax-exempt trực tiếp bóng đá việt nam hôm nay specified in Article 4 of this Law:

1. trực tiếp bóng đá việt nam hôm nay from business, including:

a) trực tiếp bóng đá việt nam hôm nay from production, business activities of goods, services;

b) trực tiếp bóng đá việt nam hôm nay from independent practice of individuals with licenses or practice certificates as prescribed by law.

trực tiếp bóng đá việt nam hôm nay from business specified at this Clause does not include trực tiếp bóng đá việt nam hôm nay of individuals doing business with annual revenue of 100 million VND or less.

2. trực tiếp bóng đá việt nam hôm nay from salaries, wages, including:

a) Salaries, wages, and other amounts of a similar nature;

b) Allowances, subsidies, except for the following allowances, subsidies: allowances, subsidies as prescribed by law on preferential treatment for people with meritorious services; defense, security allowances; hazardous, dangerous allowances for industry, occupation or work at workplaces having elements of hazard, danger; attraction allowances, regional allowances as prescribed by law; sudden hardship allowances, occupational accident allowances, occupational disease allowances, one-time allowances upon childbirth or child adoption, allowances due to decrease in working capacity, one-time retirement allowances, monthly survivor allowance and other grants as prescribed by the law on social insurance; severance pay, job loss allowances as prescribed by the Labor Code; social protection subsidies and other allowances, subsidies without wage, salary nature as prescribed by the Government of Vietnam.

3. trực tiếp bóng đá việt nam hôm nay from capital investments, including:

a) Interest on loans;

b) Stock dividends;

c) trực tiếp bóng đá việt nam hôm nay from other forms of capital investment, except for trực tiếp bóng đá việt nam hôm nay from the interest of Government of Vietnam bonds.

4. trực tiếp bóng đá việt nam hôm nay from capital transfer, including:

a) trực tiếp bóng đá việt nam hôm nay from transferring capital investment in economic organizations;

b) trực tiếp bóng đá việt nam hôm nay from transferring securities;

c) trực tiếp bóng đá việt nam hôm nay from transferring capital in other forms.

5. trực tiếp bóng đá việt nam hôm nay from real estate transfer, including:

a) trực tiếp bóng đá việt nam hôm nay from transferring land-use rights and assets attached to the land;

b) trực tiếp bóng đá việt nam hôm nay from transferring ownership or land-use rights;

c) trực tiếp bóng đá việt nam hôm nay from transferring land lease rights or water surface;

d) Other incomes received from real estate transfer in any form.

6. trực tiếp bóng đá việt nam hôm nay from the prize, including:

a) Lottery winnings;

b) Prizes in the form of promotions;

c) Prizes in the form of betting and gambling;

d) Prizes in artistic, sports competitions, and other forms of prize.

7. trực tiếp bóng đá việt nam hôm nay from copyright, including:

a) trực tiếp bóng đá việt nam hôm nay from transferring, licensing the right to use intellectual property objects;

b) trực tiếp bóng đá việt nam hôm nay from transferring technology.

8. trực tiếp bóng đá việt nam hôm nay from franchising.

9. trực tiếp bóng đá việt nam hôm nay from inheritance, which is securities, capital in economic organizations, business establishments, real estate, and other tangible assets subject to ownership or use rights registration.

10. trực tiếp bóng đá việt nam hôm nay from gifts, which are securities, capital in economic organizations, business establishments, real estate, and other tangible assets subject to ownership or use rights registration.

The Government of Vietnam stipulates and guides the detailed implementation of this Article.

Therefore,students falling under any of the above-mentioned 10 categories will have to pay personal trực tiếp bóng đá việt nam hôm nay tax if arising from those activities.

*Note:This applies to Vietnamese students and even foreign students if they have taxable trực tiếp bóng đá việt nam hôm nay as mentioned above.

What are regulations onpersonal trực tiếp bóng đá việt nam hôm nay tax reduction?

Pursuant to Article 5 of thePersonal trực tiếp bóng đá việt nam hôm nay Tax Law 2007:

Tax Reduction

Taxpayers who encounter difficulties due to natural disasters, fires, accidents, and serious diseases that affect their tax payment ability shall be considered for tax reduction corresponding to the extent of the damage but not exceeding the payable tax amount.

Therefore,taxpayers in difficulty when encountering the following cases shall be considered for tax reduction, including:

[1] Natural disasters

[2] Fires

[3] Accidents

[4] Serious diseases

In casethe tax payment ability is affected, taxpayersshall be considered for tax reduction corresponding to the extent of the damage but not exceeding the payable tax amount.