Official Dispatch 223: MobiFone to be transferred to trực tiếp bóng đá k+ Ministry of Public Security of Vietnam
Official Dispatch 223:MobiFoneto betransferred to trực tiếp bóng đá k+ Ministry of Public Securityof Vietnam
On February 27, 2025, trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam issued Official Dispatch 223/TTg-DMDN for trực tiếp bóng đá k+ year 2025 regarding trực tiếp bóng đá k+ transfer of trực tiếp bóng đá k+ ownership representation of state capital at trực tiếp bóng đá k+ MobiFone Telecommunications Corporation from trực tiếp bóng đá k+ Committee for trực tiếp bóng đá k+ Management of State Capital at Enterprises to trực tiếp bóng đá k+ Ministry of Public Security.
DownloadOfficial Dispatch 223/TTg-DMDN for trực tiếp bóng đá k+ year 2025 concerning trực tiếp bóng đá k+ transfer of MobiFone to trực tiếp bóng đá k+ Ministry of Public Security
Upon considering trực tiếp bóng đá k+ proposal from trực tiếp bóng đá k+ Committee for trực tiếp bóng đá k+ Management of State Capital at Enterprises regarding trực tiếp bóng đá k+ transfer of trực tiếp bóng đá k+ ownership representation of state capital at trực tiếp bóng đá k+ MobiFone Telecommunications Corporation from trực tiếp bóng đá k+ Committee to trực tiếp bóng đá k+ Ministry of Public Security, based on conclusions and directions from authorized levels, trực tiếp bóng đá k+ Deputy Prime Minister of trực tiếp bóng đá k+ Government of Vietnam has trực tiếp bóng đá k+ following opinion:
Approval of trực tiếp bóng đá k+ policy to transfer trực tiếp bóng đá k+ ownership representation of state capital at trực tiếp bóng đá k+ MobiFone Telecommunications Corporation from trực tiếp bóng đá k+ Committee for trực tiếp bóng đá k+ Management of State Capital at Enterprises to trực tiếp bóng đá k+ Ministry of Public Security. trực tiếp bóng đá k+ Committee is responsible for trực tiếp bóng đá k+ content of trực tiếp bóng đá k+ report and proposal.
trực tiếp bóng đá k+ Committee for trực tiếp bóng đá k+ Management of State Capital at Enterprises and trực tiếp bóng đá k+ Ministry of Public Security shall implement trực tiếp bóng đá k+ transfer of ownership representation of state capital at trực tiếp bóng đá k+ MobiFone Telecommunications Corporation in accordance with trực tiếp bóng đá k+ provisions of Decree 23/2022/ND-CP and trực tiếp bóng đá k+ directives of trực tiếp bóng đá k+ Politburo and trực tiếp bóng đá k+ Government's Steering Committee.
View trực tiếp bóng đá k+ full text of Official Dispatch 223/TTg-DMDN for trực tiếp bóng đá k+ year 2025here
Official Dispatch 223: MobiFone to be transferred to trực tiếp bóng đá k+ Ministry of Public Security of Vietnam(Image from trực tiếp bóng đá k+ Internet)
Vietnam: Shall employees whose employment contracts are terminated be provided withseverance allowanceswhen carrying out transfer?
Based on Clause 2, Article 53 ofDecree 23/2022/ND-CPwhich stipulates policies towards employees in enterprises during trực tiếp bóng đá k+ transfer process as follows:
Policies for employees when carrying out transfer
- trực tiếp bóng đá k+ transferring enterprise shall compile a list of all current employees, a list of employees continuing to work after trực tiếp bóng đá k+ transfer, a list of employees to be retrained to continue working after trực tiếp bóng đá k+ transfer, a list of retirees, and a list of employees who must terminate their employment contract.
2. Employees terminating their employment contract are entitled to severance or job loss allowances as per labor law regulations.
- Employees eligible for a pension are to be handled according to social insurance law and other benefits as prescribed by labor law.
Thus, employees terminating their employment contract due to enterprise transfer are entitled to receive severance allowances according to labor law regulations.
Is severance allowancesubject to personal income tax in Vietnam?
According to point b.6, clause 2, Article 2 ofCircular 111/2013/TT-BTC, trực tiếp bóng đá k+ regulations are as follows:
Taxable Income
According to Article 3 of trực tiếp bóng đá k+ Law on Personal Income Tax and Article 3 of Decree 65/2013/ND-CP, taxable personal income includes:
...
- Income from wages and salaries
Income from wages and salaries is what employees receive from employers, including:
...
b) Various allowances and subsidies, except for trực tiếp bóng đá k+ following:
...
b.6) Sudden hardship allowances, work accident allowances, occupational disease allowances, one-time allowances for childbirth or adoption, maternity benefits, recuperation and health recovery benefits post-maternity, allowances due to reduced work capacity, one-time pension allowances, monthly compensation,severance allowance, job loss allowances, unemployment benefits, and other allowances as stipulated by trực tiếp bóng đá k+ Labor Code and trực tiếp bóng đá k+ Social Insurance Law.
...
Hence, according to trực tiếp bóng đá k+ above regulation, severance allowance is not considered taxable personal income, and thus, severance allowance in all cases, including organizational streamlining, is not subject to personal income tax.
How to determinepersonal income tax period in Vietnam?
Based on trực tiếp bóng đá k+ provisions of Article 7 of trực tiếp bóng đá k+Law on Personal Income Tax 2007(amended and supplemented by clause 3, Article 1 of trực tiếp bóng đá k+Law on Amendments to trực tiếp bóng đá k+ Law on Personal Income Tax 2012), trực tiếp bóng đá k+ personal income tax period is determined as follows:
(1) trực tiếp bóng đá k+ tax period for resident individuals is as follows:
- An annual tax period applies to income from business; income from wages and salaries;
- A tax period per income occurrence applies to income from capital investment; income from transfer of capital, except income from securities transfer; income from real estate transfer; winnings; royalties; franchising; inheritance; gifts;
- A tax period per transfer or annually for income from securities transfer.
(2) trực tiếp bóng đá k+ tax period for non-resident individuals is determined per income occurrence for all taxable income.
