What is đá bóng trực tiếp interest on Government bonds of Vietnam? What is đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam?
What is đá bóng trực tiếp interest on Government bonds of Vietnam?
Pursuant to point g, clause 1, Article 3 ofCircular 111/2013/TT-BTC, it is stipulated as follows:
Income exempt from tax
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g) Income from interest on deposits at credit institutions, foreign bank branches, interest from life insurance contracts; income from interest on Government bonds of Vietnam.
g.1) đá bóng trực tiếp interest on deposits exempt from tax as prescribed at this point is đá bóng trực tiếp individual’s income received from interest on deposits in Vietnamese Dong, gold, foreign currency at credit institutions, foreign bank branches established and operating under đá bóng trực tiếp Law on Credit Institutions in forms such as demand deposits, fixed deposits, savings, certificates of deposit, promissory notes, treasury bills, and other forms of deposits with đá bóng trực tiếp principle of fully refunding principal and interest to đá bóng trực tiếp depositor as per agreement.
đá bóng trực tiếp basis for determining tax-exempt income from interest on deposits is đá bóng trực tiếp savings account (or savings card), deposit certificate, promissory note, treasury bill, and other papers with đá bóng trực tiếp principle of fully refunding principal and interest to đá bóng trực tiếp depositor as per agreement.
g.2) Interest from life insurance contracts is đá bóng trực tiếp interest that individuals receive according to đá bóng trực tiếp life insurance purchase contract of insurers.
đá bóng trực tiếp basis for determining tax-exempt income from interest from life insurance contracts is đá bóng trực tiếp interest payment document from đá bóng trực tiếp life insurance contract.
g.3) interest on Government bonds of Vietnam is đá bóng trực tiếp interest that individuals receive from purchasing interest on Government bonds of Vietnam issued by đá bóng trực tiếp Ministry of Finance.
đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam is đá bóng trực tiếp face value, interest rate, and term on đá bóng trực tiếp Government bonds.
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Thus, according to regulations, đá bóng trực tiếp interest on Government bonds of Vietnam is đá bóng trực tiếp interest that individuals receive from purchasing interest on Government bonds of Vietnam issued by đá bóng trực tiếp Ministry of Finance.
What is đá bóng trực tiếp interest on Government bonds of Vietnam? What is đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam? (Image from đá bóng trực tiếp Internet)
What is đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam?
Pursuant to point g, clause 1, Article 3 ofCircular 111/2013/TT-BTC, it is stipulated as follows:
Income exempt from tax
...
g) Income from interest on deposits at credit institutions, foreign bank branches, interest from life insurance contracts; income from interest on Government bonds of Vietnam.
...
g.3) interest on Government bonds of Vietnam is đá bóng trực tiếp interest that individuals receive from purchasing interest on Government bonds of Vietnam issued by đá bóng trực tiếp Ministry of Finance.
đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam is đá bóng trực tiếp face value, interest rate, and term on đá bóng trực tiếp Government bonds.
...
Thus, đá bóng trực tiếp basis for determining tax-exempt income from interest on Government bonds of Vietnam is đá bóng trực tiếp face value, interest rate, and term on đá bóng trực tiếp Government bonds.
What are đá bóng trực tiếp 16 types of income currently exempt from personal income tax in Vietnam?
According to Article 4 of đá bóng trực tiếpLaw on Personal Income Tax 2007(amended by clause 3, Article 2 of đá bóng trực tiếpLaw Amending đá bóng trực tiếp Laws on Taxation 2014and further amended by clause 2, Article 1 of đá bóng trực tiếpAmended Law on Personal Income Tax 2012), đá bóng trực tiếp 16 types of income currently exempt from PIT include:
(1) Income from đá bóng trực tiếp transfer of real estate between spouses; biological parents and 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.
(2) Income from đá bóng trực tiếp transfer of a house, residential land use rights, and assets attached to residential land of an individual in cases where đá bóng trực tiếp individual only has one house, residential land.
(3) Income from đá bóng trực tiếp value of land use rights of individuals who have been allocated land by đá bóng trực tiếp State.
(4) Income from inheritance, gifts being real estate between spouses; biological parents and 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.
(5) Income of households, individuals directly engaged in agricultural, forestry production, salt production, aquaculture, fishing that have not been processed into other products or only through preliminary processing.
(6) Income from đá bóng trực tiếp conversion of agricultural land allocated by đá bóng trực tiếp State for production of households and individuals.
(7) Income from interest on deposits at credit institutions, interest from life insurance contracts.
(8) Income from remittances.
(9) Night shift wages, overtime wages paid higher than daytime wages, in-hours wages as prescribed by law.
(10) Retirement pensions paid by đá bóng trực tiếp Social Insurance Fund; retirement pensions paid by voluntary pension funds on a monthly basis.
(11) Income from scholarships, including:
- Scholarships from đá bóng trực tiếp state budget;
- Scholarships from domestic and foreign organizations under đá bóng trực tiếp organization's educational support programs.
(12) Income from compensation for life insurance, non-life insurance contracts, compensation for labor accidents, state compensation payments and other compensations as prescribed by law.
(13) Income received from charitable funds established or recognized by competent state agencies for charitable, humanitarian purposes, not for profit.
(14) Income received from foreign donations for charitable, humanitarian purposes under governmental and non-governmental forms approved by competent state agencies.
(15) Income from salary, wages of Vietnamese crew members working for foreign shipping companies or Vietnamese shipping companies engaged in international transport.
(16) Income of individuals who are ship owners, individuals having right to use ships, and individuals working on ships from activities providing goods, services directly serving offshore fishing.
