Is xoilac tv trực tiếp bóng đá hôm nay employee who receives stock bonuses required to declare personal income tax in Vietnam?
Is xoilac tv trực tiếp bóng đá hôm nay employee who receives stock bonuses required to declare personal income tax in Vietnam?
According to Clause 11, Article 26 ofCircular 111/2013/TT-BTCregarding tax declaration and settlement as follows:
Tax Declaration and Settlement
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11. Tax declaration for income from wages and salaries regarding income from stock bonuses.
Individuals receiving stock bonuses from their employer are not required to pay tax on income from wages and salaries at xoilac tv trực tiếp bóng đá hôm nay time of award. When individuals transfer stock bonuses, they must declare tax on income from stock transfers and income from wages and salaries.
Based on Point d, Clause 5, Article 7 ofDecree 126/2020/ND-CPon xoilac tv trực tiếp bóng đá hôm nay responsibility for declaring and paying personal income tax for xoilac tv trực tiếp bóng đá hôm nay transfer of stock bonuses by employees as follows:
Tax Declaration File
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5. Organizations and individuals declaring and paying tax on behalf of taxpayers must fully comply with tax declaration and payment regulations as prescribed for taxpayers under this Decree, including:
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Organizations declaring and paying tax on behalf of individuals receiving dividends in securities; individuals who are existing shareholders receiving stock bonuses; individuals whose increased capital contribution is recorded due to an increase in capital from profits; individuals contributing capital with real estate, capital contribution, securities. xoilac tv trực tiếp bóng đá hôm nay timing of declaring and paying tax on behalf occurs when an individual transfers xoilac tv trực tiếp bóng đá hôm nay same type of securities, transfers capital, or withdraws capital.
d.1) For individuals receiving dividends in securities; individuals who are existing shareholders receiving stock bonuses, organizations are responsible for declaring and paying tax on behalf of individuals for income from capital investment when individuals transfer xoilac tv trực tiếp bóng đá hôm nay same type of securities as follows:
For securities trading through xoilac tv trực tiếp bóng đá hôm nay stock exchange system, xoilac tv trực tiếp bóng đá hôm nay organization declaring and paying tax on behalf is xoilac tv trực tiếp bóng đá hôm nay securities company, xoilac tv trực tiếp bóng đá hôm nay commercial bank where xoilac tv trực tiếp bóng đá hôm nay individual opens a depository account, xoilac tv trực tiếp bóng đá hôm nay fund management company where xoilac tv trực tiếp bóng đá hôm nay individual entrusts their investment portfolio.
For securities not traded through xoilac tv trực tiếp bóng đá hôm nay stock exchange system, xoilac tv trực tiếp bóng đá hôm nay organization declaring and paying tax on behalf is as follows: securities of public companies registered centrally at xoilac tv trực tiếp bóng đá hôm nay Securities Depository Center, xoilac tv trực tiếp bóng đá hôm nay organization declaring and paying tax on behalf is xoilac tv trực tiếp bóng đá hôm nay securities company, xoilac tv trực tiếp bóng đá hôm nay commercial bank where xoilac tv trực tiếp bóng đá hôm nay individual opens a securities depository account. For securities of joint-stock companies that are not yet public companies but xoilac tv trực tiếp bóng đá hôm nay issuing organization authorizes a securities company to manage xoilac tv trực tiếp bóng đá hôm nay shareholder list, xoilac tv trực tiếp bóng đá hôm nay organization declaring and paying tax on behalf is xoilac tv trực tiếp bóng đá hôm nay authorized securities company managing xoilac tv trực tiếp bóng đá hôm nay shareholder list; securities not falling under xoilac tv trực tiếp bóng đá hôm nay cases specified in this paragraph, xoilac tv trực tiếp bóng đá hôm nay organization declaring and paying tax on behalf is xoilac tv trực tiếp bóng đá hôm nay issuing organization.
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Additionally, Article 43 ofDecree 126/2020/ND-CPis supplemented by Clause 8, Article 1 ofDecree 91/2022/ND-CPas follows:
Transitional Provisions
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4. xoilac tv trực tiếp bóng đá hôm nay provisions at Point d.1, Clause 5, Article 7 of Decree No. 126/2020/ND-CP are implemented from January 1, 2023. In cases where individuals receiving dividends in securities, existing shareholders receiving stock bonuses, recorded into xoilac tv trực tiếp bóng đá hôm nay securities account of xoilac tv trực tiếp bóng đá hôm nay investor from December 31, 2022, or earlier, and have not been declared and paid by securities companies, commercial banks where xoilac tv trực tiếp bóng đá hôm nay individual opens a depository account, fund management companies where xoilac tv trực tiếp bóng đá hôm nay individual entrusts their investment portfolio, xoilac tv trực tiếp bóng đá hôm nay issuing organization pays taxes on behalf, individuals shall self-declare, and pay personal income tax as per xoilac tv trực tiếp bóng đá hôm nay law on Personal Income Tax and will not be administratively penalized for late filing of tax returns, nor subjected to late payment interest (if any) as per xoilac tv trực tiếp bóng đá hôm nay regulation in Clause 11, Article 16 of xoilac tv trực tiếp bóng đá hôm nay Law on Tax Administration from December 5, 2020, to December 31, 2022.
Thus, according to xoilac tv trực tiếp bóng đá hôm nay regulations mentioned, employees receiving stock bonuses must declare and pay personal income tax when income from xoilac tv trực tiếp bóng đá hôm nay transfer of such bonus stocks arises. xoilac tv trực tiếp bóng đá hôm nay responsibility for tax declaration and payment lies with xoilac tv trực tiếp bóng đá hôm nay awarding enterprise.
Is xoilac tv trực tiếp bóng đá hôm nay employee who receives stock bonuses required to declare personal income tax in Vietnam?(Image from Internet)
Which income is exempt from personal income tax in Vietnam?
According to Article 4 of xoilac tv trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007(amended by Clause 2, Article 1 of xoilac tv trực tiếp bóng đá hôm nayAmended Personal Income Tax Law 2012, supplemented by Clause 3, Article 2 of xoilac tv trực tiếp bóng đá hôm nayLaw Amending Tax Laws 2014) stipulating income exempt from personal tax as follows:
- Income from xoilac tv trực tiếp bóng đá hôm nay transfer of real estate between spouses; 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 from transferring residential houses, homestead land use rights, and assets attached to homestead land in cases where xoilac tv trực tiếp bóng đá hôm nay individual possesses only one residential house, one homestead land.
- Income from xoilac tv trực tiếp bóng đá hôm nay value of land use rights allocated by xoilac tv trực tiếp bóng đá hôm nay State to individuals.
- Income from inheritance, gifts being real estate between spouses; 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 production, forestry, salt production, aquaculture, and fishing without processing into other products or through ordinary processing methods.
- Income from xoilac tv trực tiếp bóng đá hôm nay conversion of farmland allocated by xoilac tv trực tiếp bóng đá hôm nay State to households and individuals for production.
- Income from interest on deposits at credit institutions, interest from life insurance contracts.
- Income from remittances.
- Portion of wages for night work, overtime paid higher than daytime, and in-time wages as prescribed by law.
- Retirement pensions paid by xoilac tv trực tiếp bóng đá hôm nay Social Insurance Fund; retirement pensions paid monthly by voluntary pension funds.
- Income from scholarships, including:
+ Scholarships received from xoilac tv trực tiếp bóng đá hôm nay state budget;
+ Scholarships received from organizations within and outside xoilac tv trực tiếp bóng đá hôm nay country under xoilac tv trực tiếp bóng đá hôm nay academic support program of those organizations.
- Income from compensation of life insurance contracts, non-life insurance, workers' compensation, state compensation, and other compensations as prescribed by law.
- Income received from charity funds established or recognized by competent state agencies, operating with charity, humanitarian, and non-profit purposes.
- Income received from foreign aid for charitable, humanitarian purposes in governmental and non-governmental forms approved by competent state agencies.
- Income from wages and salaries of Vietnamese crew members working for foreign shipping companies or Vietnamese shipping companies engaged in international transportation.
- Income of individuals who are ship owners, individuals with ship use rights, and individuals working on ships from activities providing goods and services directly serving offshore fishing activities.
What are regulations onthe personal income tax periodin Vietnam?
According to Article 7 of xoilac tv trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007, amended by Clause 3, Article 1 of xoilac tv trực tiếp bóng đá hôm nayAmended Personal Income Tax Law 2012, xoilac tv trực tiếp bóng đá hôm nay tax period is defined as follows:
- xoilac tv trực tiếp bóng đá hôm nay assessment period for resident individuals is prescribed as follows:
+ xoilac tv trực tiếp bóng đá hôm nay tax period is annual for income from business; income from wages and salaries.
+ xoilac tv trực tiếp bóng đá hôm nay tax period is per occurrence of income for income from capital investment; income from capital transfer, excluding income from securities transfer; real estate transfer income; winnings; royalties; franchise income; inheritance; gifts.
+ xoilac tv trực tiếp bóng đá hôm nay tax period is per transaction or annually for income from securities transfers.
- xoilac tv trực tiếp bóng đá hôm nay assessment period for non-resident individuals is per occurrence of income applicable to all taxable income.
