What is xem bóng đá trực tiếp vtv2 purpose of registration of TINs for dependents in Vietnam?
What is xem bóng đá trực tiếp vtv2 purpose of registrationof TINs fordependents in Vietnam?
Under Clause 3, Article 30 of xem bóng đá trực tiếp vtv2Law on Tax Administration 2019:
Applying for taxpayer registration and TIN issuance
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3. Issuance of TINs:
a) Each enterprise, business organization or other organization is issued with 01 unique TIN to use throughout its entire operation, from xem bóng đá trực tiếp vtv2 date of taxpayer registration to xem bóng đá trực tiếp vtv2 date of TIN deactivation. A taxpayer’s branches, representative offices and/or dependent units that pay their own tax shall be issued with separate TINs. In case an enterprise, organization, branch, representative office or dependent unit combines taxpayer registration via xem bóng đá trực tiếp vtv2 interlinked single-window system with business registration, xem bóng đá trực tiếp vtv2 number of xem bóng đá trực tiếp vtv2 certificate of enterprise registration, cooperative registration and/or business registration (hereinafter referred to as “business registration certificate”) is also xem bóng đá trực tiếp vtv2 TIN;
b) Each individual is issued 01 unique TIN to use throughout their whole life. Any dependant of that individual shall be issued with a TIN for xem bóng đá trực tiếp vtv2 purpose of claiming personal exemption for personal income taxpayers. xem bóng đá trực tiếp vtv2 TIN issued to xem bóng đá trực tiếp vtv2 dependant is also his/her personal TIN, which is used when paying his/her tax;
c) Enterprises, organizations and individuals responsible for deducting and paying tax on behalf of taxpayers shall be issued with separate TINs for use when deducting tax;
d) Issued TINs shall not be reissued to another taxpayer;
dd) TINs of enterprises, business organizations and other organizations shall remain unchanged after they are converted, sold, gifted or inherited;
e) TIN issued to a household, household business or individual business is issued to xem bóng đá trực tiếp vtv2 individual representing xem bóng đá trực tiếp vtv2 household, household business or individual business
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Registrationof TINs fordependents isto serve thepersonal deduction.
xem bóng đá trực tiếp vtv2 TINs issued to dependents arealso xem bóng đá trực tiếp vtv2 individual's TIN when xem bóng đá trực tiếp vtv2 dependent incurs obligations to xem bóng đá trực tiếp vtv2 state budget.
What is xem bóng đá trực tiếp vtv2 purpose of registration of TINs for dependents in Vietnam? (Image from xem bóng đá trực tiếp vtv2 Internet)
Who dodependents registered forpersonaldeduction when PIT calculation in Vietnaminclude?
Pursuant to Article 9 of xem bóng đá trực tiếp vtv2Circular 111/2013/TT-BTC, employees are allowed to apply for personal deduction for xem bóng đá trực tiếp vtv2 following dependents:
- Children, legitimate adopted children, illegitimate children, stepchildren. To be specific:
+ Children under 18 years of age.
+ Children from 18 years of age and over that are disabled and incapable of work.
+ Children studying in Vietnam or overseas in universities, college, vocational schools, including children from 18 years of age and over in high schools (including xem bóng đá trực tiếp vtv2 period awaiting university enrolment result from June to September in 12thgrade) that have no income or have xem bóng đá trực tiếp vtv2 average monthly income of≤ 1.000.000 VND in xem bóng đá trực tiếp vtv2 year from all sources.
- xem bóng đá trực tiếp vtv2 taxpayer's spouse that meets xem bóng đá trực tiếp vtv2 conditions in Point dd Clause 1 of Article 9 ofCircular 111/2013/TT-BTC.
- xem bóng đá trực tiếp vtv2 taxpayer’s parents, parents-in-law, stepparents, legitimate adoptive parents that meet xem bóng đá trực tiếp vtv2 conditions in Point dd Clause 1 of Article 9 ofCircular 111/2013/TT-BTC.
- Other dependants that xem bóng đá trực tiếp vtv2 taxpayer has to provide for, who meet xem bóng đá trực tiếp vtv2 conditions in Point dd Clause 1 of Article 9 of xem bóng đá trực tiếp vtv2Circular 111/2013/TT-BTC, including:
+ xem bóng đá trực tiếp vtv2 taxpayer’s brothers and sisters.
+ xem bóng đá trực tiếp vtv2 taxpayer’s grandparents, aunts, uncles.
+ xem bóng đá trực tiếp vtv2 taxpayer’s nieces and nephews.
+ Other people to provide for as prescribed by law.
- A person that meets xem bóng đá trực tiếp vtv2 conditions below shall be considered a dependant mentioned in Point d.2, d.3, d.4 Clause 1 of Article 9 of xem bóng đá trực tiếp vtv2Circular 111/2013/TT-BTC:
+ xem bóng đá trực tiếp vtv2 person of working age must meet all conditions below:
++ xem bóng đá trực tiếp vtv2 person is disabled and incapable of work.
++ xem bóng đá trực tiếp vtv2 person has no income or his average monthly income from all sources does not exceed 1,000,000 VND.
+xem bóng đá trực tiếp vtv2 people outside working age shall have no income or their average monthly income from all sources shall not exceed 1,000,000 VND.
What is xem bóng đá trực tiếp vtv2 current deduction for each dependent upon personaldeduction in Vietnam?
Pursuant to Article 1 ofResolution 954/2020/UBTVQH14:
Deductions
Adjust xem bóng đá trực tiếp vtv2 Deductions stipulated in Clause 1, Article 19 of xem bóng đá trực tiếp vtv2 Personal Income Tax Law No. 04/2007/QH12, as amended and supplemented by Law No. 26/2012/QH13 as follows:
1. xem bóng đá trực tiếp vtv2 deduction level for taxpayers is 11 million VND/month (132 million VND/year);
2. xem bóng đá trực tiếp vtv2 deduction level for each dependent is 4.4 million VND/month.
xem bóng đá trực tiếp vtv2 currentdeduction for each dependent is 4.4 million VND/month.
