What is trực tiếp bóng đá k+ Personal Income Tax Rate for Vietnamese residents and non-residents?
What is trực tiếp bóng đá k+ personal income tax rate for Vietnamese residents and non-residents?
Based on Article 14 ofDecree 65/2013/ND-CP(whose content was repealed by Clause 4, Article 6 ofNghị định 12/2015/NĐ-CP), trực tiếp bóng đá k+ personal income tax rate applicable to Vietnamese residents and non-residents is specified as follows:
- For Vietnamese residents: trực tiếp bóng đá k+ personal income tax rate is applied according to trực tiếp bóng đá k+ progressive tax schedule as follows:
| Tax Bracket | Taxable Income per Year (million VND) | Taxable Income per Month (million VND) | Tax Rate (%) |
| 1 | Up to 60 | Up to 5 | 5 |
| 2 | Over 60 to 120 | Over 5 to 10 | 10 |
| 3 | Over 120 to 216 | Over 10 to 18 | 15 |
| 4 | Over 216 to 384 | Over 18 to 32 | 20 |
| 5 | Over 384 to 624 | Over 32 to 52 | 25 |
| 6 | Over 624 to 960 | Over 52 to 80 | 30 |
| 7 | Over 960 | Over 80 | 35 |
- For Vietnamese non-residents: trực tiếp bóng đá k+ personal income tax rate for income from wages and salaries arising in Vietnam is 20%.
What is trực tiếp bóng đá k+ Personal Income Tax Rate for Vietnamese residents and non-residents? (Image from trực tiếp bóng đá k+ Internet)
What are trực tiếp bóng đá k+ Conditions to Determine a Vietnamese resident for Personal Income Tax Purposes?
trực tiếp bóng đá k+ conditions to determine an individual as a resident for personal income tax purposes are specified in Clause 1, Article 1 ofCircular 111/2013/TT-BTC. Specifically, a taxpayer is determined to be a Vietnamese resident if they meet one of trực tiếp bóng đá k+ following conditions:
First,trực tiếp bóng đá k+ individual is present in Vietnam for 183 days or more in a calendar year or within 12 consecutive months from trực tiếp bóng đá k+ first date of arrival in Vietnam, where trực tiếp bóng đá k+ arrival and departure dates are counted as one (01) day.
trực tiếp bóng đá k+ arrival and departure dates are based on trực tiếp bóng đá k+ certification of trực tiếp bóng đá k+ immigration management authority on trực tiếp bóng đá k+ individual's passport (or laissez-passer) when entering and leaving Vietnam.
If an individual enters and exits on trực tiếp bóng đá k+ same day, it is counted as one day of residence.
Presence in Vietnam, as per trực tiếp bóng đá k+ first condition, refers to trực tiếp bóng đá k+ physical presence of trực tiếp bóng đá k+ individual within trực tiếp bóng đá k+ territory of Vietnam.
Second, having a permanent residence in Vietnam according to one of trực tiếp bóng đá k+ two following cases:
Case 1: Having a permanent residence as defined by trực tiếp bóng đá k+ law on residence:
- For Vietnamese citizens: trực tiếp bóng đá k+ permanent residence is trực tiếp bóng đá k+ place of regular, stable, and indefinite living at a specific location and has been registered as permanent residence according to trực tiếp bóng đá k+ law on residence.
- For foreigners: trực tiếp bóng đá k+ permanent residence is as recorded in trực tiếp bóng đá k+ Permanent Residence Card or temporary residence when registering for a Temporary Residence Card granted by trực tiếp bóng đá k+ authority under trực tiếp bóng đá k+ Ministry of Public Security.
Case 2: Having a rental house for residence in Vietnam according to trực tiếp bóng đá k+ law on housing, with rental contracts of 183 days or more within trực tiếp bóng đá k+ tax year. Specifically:
- Individuals who do not or have not established a permanent residence as described in Case 1 but have a total of 183 days or more within trực tiếp bóng đá k+ tax year under rental contracts for staying, even if rented at multiple places, are determined as Vietnamese residents.
- Rental houses for residence include cases of staying at hotels, guesthouses, inns, workplaces, headquarters, etc., regardless of whether it is self-rented or rented by trực tiếp bóng đá k+ employer.
If an individual has a permanent residence in Vietnam according to trực tiếp bóng đá k+ provisions of this clause but is physically present in Vietnam for less than 183 days in trực tiếp bóng đá k+ tax year and cannot prove residency in another country, then they are considered a Vietnamese resident in Vietnam.
Proof of residency in another country is based on a Residency Certificate. In cases where an individual belongs to a country or territory that has signed a tax treaty with Vietnam that does not provide for a Residence Certificate, they should provide a photocopy of a Passport to demonstrate trực tiếp bóng đá k+ period of residence.
When Should Vietnamese residents with Income from Salaries Authorize Tax Finalization for Personal Income Tax?
According to point d.2 clause 6 Article 8 ofDecree 126/2020/ND-CP, it is stipulated that Vietnamese residents with income from wages and salaries may authorize tax finalization to trực tiếp bóng đá k+ organization or individual paying trực tiếp bóng đá k+ income. Specifically:
- Individuals with income from wages and salaries who have signed a labor contract for 03 months or more at one location and are actually working there at trực tiếp bóng đá k+ time trực tiếp bóng đá k+ organization or individual paying trực tiếp bóng đá k+ income performs trực tiếp bóng đá k+ tax finalization, even if not working fully 12 months in trực tiếp bóng đá k+ year.
In cases where an individual is an employee being transferred from an old organization to a new organization as specified in point d.1 clause 6 Article 8 ofDecree 126/2020/ND-CP, trực tiếp bóng đá k+ individual is entitled to authorize trực tiếp bóng đá k+ new organization to finalize tax on their behalf.
Referring to point d.1 clause 6 Article 8 ofDecree 126/2020/ND-CP, organizations and individuals paying income from wages and salaries have trực tiếp bóng đá k+ responsibility to declare and finalize tax on behalf of trực tiếp bóng đá k+ individuals who have authorized trực tiếp bóng đá k+ organization to do so, regardless of whether there is withholding tax or not. If no income is paid, there is no requirement for personal income tax finalization.
In trực tiếp bóng đá k+ event that an individual is an employee being transferred from an old organization to a new organization due to mergers, consolidations, divisions, separations, conversions of business types, or if trực tiếp bóng đá k+ old and new organizations belong to trực tiếp bóng đá k+ same system, trực tiếp bóng đá k+ new organization is responsible for tax settlement on authorization of trực tiếp bóng đá k+ individual for both income paid by trực tiếp bóng đá k+ old organization and collecting any Individual Income Tax withholding receipts that trực tiếp bóng đá k+ old organization has given to trực tiếp bóng đá k+ employee (if any).
- Individuals with income from wages and salaries who have signed a labor contract for 03 months or more at one location and are actually working there at trực tiếp bóng đá k+ time trực tiếp bóng đá k+ organization or individual paying trực tiếp bóng đá k+ income performs trực tiếp bóng đá k+ tax finalization, including cases where they do not work for trực tiếp bóng đá k+ full 12 months of trực tiếp bóng đá k+ year; and have occasional income at other places with an average monthly amount in trực tiếp bóng đá k+ year not exceeding 10 million VND and have already been deducted for personal income tax at a rate of 10%, providing that no tax finalization is requested for this portion of income.
