What is vtv5 trực tiếp bóng đá hôm nay price of Pi Network on vtv5 trực tiếp bóng đá hôm nay today? Is trading Pi Network subject to personal income tax in Vietnam?
What is vtv5 trực tiếp bóng đá hôm nay price of Pi Network on vtv5 trực tiếp bóng đá hôm nay today?
At 3:00 PM on February 20, 2025 (Vietnam time), Pi Network officially transitioned to vtv5 trực tiếp bóng đá hôm nay Open Network phase of its Mainnet. This allowed Pi Network to connect with external blockchain systems, expanding vtv5 trực tiếp bóng đá hôm nay transaction and application capabilities of vtv5 trực tiếp bóng đá hôm nay Pi currency.
vtv5 trực tiếp bóng đá hôm nay Pi Network (PI) has been officially listed on several large cryptocurrency exchanges such as OKX, Bitget, Gate.io, and BitMart. However, there is a significant price variation of PI across different exchanges.
vtv5 trực tiếp bóng đá hôm nay price of Pi Network on vtv5 trực tiếp bóng đá hôm nay market today is as follows:
- OKX: vtv5 trực tiếp bóng đá hôm nay starting price of PI on vtv5 trực tiếp bóng đá hôm nay OKX platform was 0.1 USD. Then vtv5 trực tiếp bóng đá hôm nay price rose to over 2 USD, before falling to approximately 1.3 USD at 3:30 PM on February 20, 2025.
- Bitget: At 3:15 PM on vtv5 trực tiếp bóng đá hôm nay same day, vtv5 trực tiếp bóng đá hôm nay price of PI on vtv5 trực tiếp bóng đá hôm nay Bitget platform was 1.09 USD.
- Gate.io: At vtv5 trực tiếp bóng đá hôm nay same time of 3:15 PM, vtv5 trực tiếp bóng đá hôm nay price of PI on vtv5 trực tiếp bóng đá hôm nay Gate.io platform was 1.41 USD.
Before its official listing, PI was traded on vtv5 trực tiếp bóng đá hôm nay "black market" at prices ranging from 30,000 to 50,000 VND per PI.
Note that vtv5 trực tiếp bóng đá hôm nay cryptocurrency market is always highly volatile and contains many risks. Before investing, you should thoroughly research and carefully consider your options.
What is vtv5 trực tiếp bóng đá hôm nay price of Pi Network on vtv5 trực tiếp bóng đá hôm nay today? Is tradingPi Network subject to personal income tax in Vietnam? (Image from vtv5 trực tiếp bóng đá hôm nay Internet)
Is tradingPi Network subject to personal income tax in Vietnam?
Based on Clause 1, Article 3 of vtv5 trực tiếp bóng đá hôm nayLaw on Personal Income Tax 2007, as amended by Clause 1, Article 2 of vtv5 trực tiếp bóng đá hôm nayLaw Amending Various Laws on Tax 2014, vtv5 trực tiếp bóng đá hôm nay provisions are as follows:
Taxable Income
Taxable personal income includes vtv5 trực tiếp bóng đá hôm nay following types of income, except for income exempt from tax as specified in Article 4 of this Law:
- Income from business, including:
a) Income from production and business activities of goods and services;
b) Income from independent professional activities of individuals having practice licenses or practice certificates as prescribed by law.
Income from business as specified in this clause does not include income of business individuals with revenue of 100 million VND/year or less.
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Additionally, based onCông trực tiếp bóng đá euro hôm nayfrom vtv5 trực tiếp bóng đá hôm nay State Bank of Vietnam provides guidance as follows:
Based on vtv5 trực tiếp bóng đá hôm nay aforementioned regulations,virtual currency in general, and Bitcoin and Litecoin in particular, are not considered currency and are not recognized as legal means of payment under vtv5 trực tiếp bóng đá hôm nay laws of Vietnam. vtv5 trực tiếp bóng đá hôm nay issuance, provision, and use of virtual currency in general, and Bitcoin and Litecoin in particular (illegal payment methods) as currency or means of payment, is behavior that is prohibited. vtv5 trực tiếp bóng đá hôm nay sanctions for this behavior have been specified in Decree 96/2014/ND-CP of vtv5 trực tiếp bóng đá hôm nay Government of Vietnam on administrative penalties in vtv5 trực tiếp bóng đá hôm nay field of currency and banking, and vtv5 trực tiếp bóng đá hôm nay Criminal Code 2015 (amended and supplemented). Moreover, vtv5 trực tiếp bóng đá hôm nay State Bank of Vietnam has repeatedly warned that investing in virtual currency carries very significant risks for investors.
Simultaneously, based on Clause 6, Article 26 ofDecree 88/2019/ND-CP, as revised by Point d, Clause 15, Article 1 ofDecree 143/2021/ND-CP, stipulates violations relating to payment activities as follows:
Violations Regarding Payment Activities
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- A fine from 50,000,000 VND to 100,000,000 VND applies to one of vtv5 trực tiếp bóng đá hôm nay following violations:
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d) Issuing, providing, or using illegal payment means below criminal liability threshold;
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Thus, it can be seen that Pi Network is not considered currency or a legal means of payment under vtv5 trực tiếp bóng đá hôm nay laws of Vietnam; therefore, trading Pi Network is illegal. Consequently, income from trading Pi Network is not subject to personal income tax (PIT).
Additionally, if involved in trading Pi Network but not to vtv5 trực tiếp bóng đá hôm nay extent of criminal liability, a fine from 50,000,000 VND to 100,000,000 VND may be imposed.
Note: vtv5 trực tiếp bóng đá hôm nay above fine is vtv5 trực tiếp bóng đá hôm nay penalty for individuals; vtv5 trực tiếp bóng đá hôm nay penalty for organizations is twice vtv5 trực tiếp bóng đá hôm nay penalty for individuals (Point b, Clause 3, Article 3 ofDecree 88/2019/ND-CP).
What income is exempt from personal income tax in Vietnam?
Based on Article 4 of vtv5 trực tiếp bóng đá hôm nayLaw on Personal Income Tax 2007, supplemented by Clause 3, Article 2 of vtv5 trực tiếp bóng đá hôm nayLaw Amending Various Laws on Tax 2014and revised by Clause 2, Article 1 of vtv5 trực tiếp bóng đá hôm nayLaw on Amendments to vtv5 trực tiếp bóng đá hôm nay Personal Income Tax Law 2012, stipulating which personal income types are exempt from personal income tax as follows:
- Income from vtv5 trực tiếp bóng đá hôm nay 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; grandparents and grandchildren; and between siblings.
- Income from vtv5 trực tiếp bóng đá hôm nay transfer of housing, land use rights and assets attached to land use rights of an individual in cases where vtv5 trực tiếp bóng đá hôm nay individual only has one house, land use right.
- Income from vtv5 trực tiếp bóng đá hôm nay value of land use rights of individuals allocated land by vtv5 trực tiếp bóng đá hôm nay state.
- Income from inheritances or gifts which are 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; grandparents and grandchildren; and between siblings.
- Income from households or individuals directly involved in agricultural, forestry, salt production, aquaculture activities without processing into other products or only undergoing primary processing.
- Income from converting agricultural land of households or individuals allocated for production by vtv5 trực tiếp bóng đá hôm nay state.
- Income from interest on deposits at credit institutions or interest from life insurance contracts.
- Income from remittances.
- Overtime wages and night shift wages higher than those for daytime or regular hours as prescribed by law.
- Retirement pensions paid by vtv5 trực tiếp bóng đá hôm nay Social Insurance Fund; regular voluntary pension paid monthly.
- Income from scholarships, including:
+ Scholarships received from vtv5 trực tiếp bóng đá hôm nay state budget;
+ Scholarships received from domestic and foreign organizations under their scholarship support programs.
- Income from life insurance and non-life insurance contract indemnities, work injury compensation, and other compensation as prescribed by law.
- Income received from charitable funds authorized or recognized by competent state agencies, operating for charitable, humanitarian purposes, not for profit.
- Income received from foreign aid for charitable, humanitarian purposes in governmental and non-governmental forms approved by competent state agencies.
- Income from wages, salaries of Vietnamese sailors working for foreign shipping companies or Vietnamese shipping companies engaging in international transport.
- Income of individuals owning, renting boats and working on boats from providing materials, services directly for off-shore fishing activities.
