What are answers for xem bóng đá trực tiếp vtv2 Momo's piggy bank learning? Are winning prizes on Momo subject to personal income tax in Vietnam?
What are answers for xem bóng đá trực tiếp vtv2 Momo's piggy bank learning?
Momo's piggy bankanswers January 07, 2025:
- Piggy Bank School
Today's questions: 1B - 2C - 3B
- English Learning January 07:
1C - 2A - 3C
Momo's piggy bankanswers January 06, 2025:
- Piggy Bank School
Today's questions: 1C - 2B - 3A
- English Learning January 06:
1A - 2C - 3B
Momo's piggy bankanswers January 05, 2025:
- Piggy Bank School
Today's questions: 1B - 2B - 3B
- English Learning January 05:
1A - 2B - 3A
Momo's piggy bankanswers January 04, 2025:
- Piggy Bank School
Today's questions: 1B - 2A - 3C
- English Learning January 04:
Answers: 1C - 2B - 3A
- December - Week 5 - Golden Pig Rain Puzzle (From December 30 to January 05):
Answers: 1A - 2C - 3A - 4C - 5C
- December - Week 5: Find xem bóng đá trực tiếp vtv2 Millionaire (From December 30 to January 05):
Answers: 1B - 2C - 3C - 4C - 5A
Note: Today's Momo's piggy bank learning answers are for reference only!
What are answers for xem bóng đá trực tiếp vtv2 Momo's piggy bank learning?(Image from xem bóng đá trực tiếp vtv2 Internet)
Arewinning prizes on Momo subject topersonal income tax in Vietnam?
According to Clause 6, Article 3 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007(amended by Clause 2, Article 2 of xem bóng đá trực tiếp vtv2Law on Amendments to Tax Laws 2014), it is stipulated as follows:
Taxable Incomes
Taxable personal income includes xem bóng đá trực tiếp vtv2 following types of income, excluding tax-exempt income specified in Article 4 of this Law:
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- Income from prizes, including:
a) Lottery prizes;
b) Promotional prizes;
c) Wagers;
d) Prizes from games, contests with prizes, and other prize-winning forms.
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As stipulated in Point d, Clause 1, Article 15 ofCircular 111/2013/TT-BTC:
Tax Calculation for Prize Income
xem bóng đá trực tiếp vtv2 tax calculation for prize income is based on xem bóng đá trực tiếp vtv2 taxable income and tax rates.
- Taxable Income
Taxable income from prizes is xem bóng đá trực tiếp vtv2 value of xem bóng đá trực tiếp vtv2 prize exceeding 10 million VND that xem bóng đá trực tiếp vtv2 taxpayer receives per winning occasion, regardless of xem bóng đá trực tiếp vtv2 number of times receiving xem bóng đá trực tiếp vtv2 prize money.
If a prize is won by multiple individuals, xem bóng đá trực tiếp vtv2 taxable income is divided among xem bóng đá trực tiếp vtv2 prize recipients. Prize winners must provide legal evidence. In xem bóng đá trực tiếp vtv2 absence of legal evidence, prize income is calculated for a single individual. If an individual wins multiple prizes in one game, taxable income is calculated based on xem bóng đá trực tiếp vtv2 total value of xem bóng đá trực tiếp vtv2 prizes.
Taxable income for certain reward games, specifically:
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d) For prizes from games or contests with rewards, it is calculated per reward event. xem bóng đá trực tiếp vtv2 prize amount is xem bóng đá trực tiếp vtv2 total prize value exceeding 10 million VND that xem bóng đá trực tiếp vtv2 player receives before any expense deduction.
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Additionally, according to xem bóng đá trực tiếp vtv2 terms and conditions of Momo's prize redemption:
For cash prizes in Red Envelope worth over 10,000,000 VND, xem bóng đá trực tiếp vtv2 Company will directly deduct xem bóng đá trực tiếp vtv2 payable tax from xem bóng đá trực tiếp vtv2 prize value before transferring it to xem bóng đá trực tiếp vtv2 winning customer. For non-cash prizes, xem bóng đá trực tiếp vtv2 winning customer is responsible for paying xem bóng đá trực tiếp vtv2 irregular income tax according to current laws before receiving xem bóng đá trực tiếp vtv2 prize.
Therefore, according to legal regulations and Momo's prize redemption conditions, if you win a prize valued over 10 million VND, you are required to pay personal income tax.
What is personal income tax? Which entities arepersonal income tax payers in Vietnam?
Personal Income Tax can be understood as a direct tax levied on certain individuals with high income.
According to Article 2 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007, it specifies xem bóng đá trực tiếp vtv2 individuals liable for Personal Income Tax in 2024 as follows:
- Those liable for personal income tax are resident individuals with taxable income specified in Article 3 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007arising within and outside xem bóng đá trực tiếp vtv2 territory of Vietnam, and non-resident individuals with taxable income specified in Article 3 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007arising within xem bóng đá trực tiếp vtv2 territory of Vietnam.
- A resident individual is someone meeting one of xem bóng đá trực tiếp vtv2 following conditions:
+ Present in Vietnam for 183 days or more in a calendar year or for 12 consecutive months from xem bóng đá trực tiếp vtv2 first day of presence in Vietnam;
+ Having a permanent residence in Vietnam, including a registered place of permanent residence or having a rented house in Vietnam according to a lease contract.
- A non-resident individual is one who does not meet xem bóng đá trực tiếp vtv2 conditions stipulated in Clause 2, Article 2 of xem bóng đá trực tiếp vtv2Personal Income Tax Law 2007.
- xem bóng đá trực tiếp vtv2 taxpayer is required to declare their personal income tax.
How is xem bóng đá trực tiếp vtv2 delay penalty calculated for late Personal Income Tax submission?
According to Article 59 of xem bóng đá trực tiếp vtv2Tax Administration Law 2019, it is stipulated as follows:
Handling for Late Tax Payment
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- xem bóng đá trực tiếp vtv2 calculation for late payment penalty and xem bóng đá trực tiếp vtv2 duration for such penalty are stipulated as follows:
a) xem bóng đá trực tiếp vtv2 late payment penalty rate is 0.03% per day calculated on xem bóng đá trực tiếp vtv2 delayed tax amount;
b) xem bóng đá trực tiếp vtv2 calculation duration for late payment penalty is continuous from xem bóng đá trực tiếp vtv2 day immediately following xem bóng đá trực tiếp vtv2 day when late payment arises as stipulated in Clause 1 of this Article until xem bóng đá trực tiếp vtv2 day before xem bóng đá trực tiếp vtv2 outstanding tax, tax return, additional tax, assessed tax, or deferred tax is paid to xem bóng đá trực tiếp vtv2 state budget.
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Thus, xem bóng đá trực tiếp vtv2 delay penalty for one day of late personal income tax payment is calculated by xem bóng đá trực tiếp vtv2 formula:
Late Payment Penalty Rate = 0.03% x Amount of Delayed Tax.
