What is đá bóng trực tiếp ranking of đá bóng trực tiếp Vietnam National Football Team after đá bóng trực tiếp Victory at đá bóng trực tiếp AFF Cup? Is đá bóng trực tiếp 33-billion VND reward for Vietnam National Football Team taxable?

What is đá bóng trực tiếp ranking of đá bóng trực tiếp Vietnam National Football Team after đá bóng trực tiếp Victory at đá bóng trực tiếp AFF Cup?

After đá bóng trực tiếp historic victory at đá bóng trực tiếp AFF Cup 2024, đá bóng trực tiếp Vietnam national football team has risen to đá bóng trực tiếp 112th position on đá bóng trực tiếp FIFA rankings. This is an important step forward, marking a significant development of Vietnamese football on đá bóng trực tiếp international stage.

According to Football Rankings, solely đá bóng trực tiếp victory in đá bóng trực tiếp second leg of đá bóng trực tiếp finals helped đá bóng trực tiếpVietnam national football teamgain an additional 2.77 points on đá bóng trực tiếp FIFA rankings. Summarizing đá bóng trực tiếp AFF Cup 2024 campaign, đá bóng trực tiếp Vietnam team earned a total of 10.22 points, ascending to đá bóng trực tiếp 112th position globally. đá bóng trực tiếp rankings will be officially announced by FIFA on its homepage in đá bóng trực tiếp upcoming days.

When FIFA publishes đá bóng trực tiếp official rankings in February 2025, đá bóng trực tiếp Vietnam team could continue to improve their ranking if đá bóng trực tiếp opponents positioned above them lose points due to poor performance.

Below is đá bóng trực tiếp ranking of đá bóng trực tiếp Vietnam national football team as announced on đá bóng trực tiếp FIFA homepage in December 2024:

Ranking of đá bóng trực tiếp Vietnam national football team in December 2024

See đá bóng trực tiếp detailed ranking of đá bóng trực tiếp Vietnam national football team on đá bóng trực tiếp official FIFA homepage:https://inside.fifa.com/fifa-world-ranking/men

Note: Information is for reference only!

What is đá bóng trực tiếp ranking of đá bóng trực tiếp Vietnam National Football Team after đá bóng trực tiếp Victory at đá bóng trực tiếp AFF Cup?(Image from Internet)

Is đá bóng trực tiếp 33-billion VND reward for Vietnam National Football Teamtaxable?

đá bóng trực tiếp 33-billion VND reward of đá bóng trực tiếp Vietnam national team will include various amounts from different sources such as rewards from đá bóng trực tiếp tournament for đá bóng trực tiếp championship title; rewards from organizations, individuals for đá bóng trực tiếp team or individual players, etc. Accordingly, đá bóng trực tiếp personal income tax (PIT) computation for these types of rewards is as follows:

(1) Rewards from national and international competitions recognized by đá bóng trực tiếp Vietnamese government:

According to point e, clause 2, Article 2 ofCircular 111/2013/TT-BTC, regulations on taxable income for PIT are as follows:

Taxable Income

...

2. Income from wages and salaries

...

e) Cash rewards or non-cash rewards in all forms, including rewards in securities, except for đá bóng trực tiếp following rewards:

e.1) Rewards accompanying titles bestowed by đá bóng trực tiếp State, including rewards accompanying emulation titles, awards according to đá bóng trực tiếp law on emulation and commendation, specifically:

e.1.1) Rewards accompanying emulation titles such as National Emulation Soldier; Emulation Soldier of Ministry, central agencies, unions, provinces, cities directly under central authority; basic level Emulation Soldier, Advanced Laborer, Advanced Soldier.

e.1.2) Rewards accompanying forms of commendation.

e.1.3) Rewards accompanying titles bestowed by đá bóng trực tiếp State.

e.1.4) Rewards accompanying awards from associations, organizations belonging to political organizations, political-social organizations, social organizations, social-professional organizations of central authority and local government awarded in accordance with their statutes and laws on emulation and commendation.

e.1.5) Rewards accompanying đá bóng trực tiếp Ho Chi Minh Prize, đá bóng trực tiếp State Prize.

e.1.6) Rewards accompanying commemorative medals, badges.

e.1.7) Rewards accompanying commendation certificates, certificates of merit.

đá bóng trực tiếp authority to issue commendation decisions and đá bóng trực tiếp amount of money accompanying đá bóng trực tiếp emulation titles, commendation forms must comply with đá bóng trực tiếp emulation and commendation laws.

e.2) Rewards accompanying national awards, international awards recognized by đá bóng trực tiếp Vietnamese government.

e.3) Rewards for technical innovations, inventions recognized by a competent State agency.

e.4) Rewards for discovering and reporting violations of đá bóng trực tiếp law to a competent State agency.

...

Thus, đá bóng trực tiếp Vietnam national football team, when participating in đá bóng trực tiếp national level tournament AFF Cup 2024 and achieving đá bóng trực tiếp championship title, đá bóng trực tiếp rewards accompanying titles, medals are considered rewards accompanying national awards, international awards recognized by đá bóng trực tiếp Vietnamese government. Therefore, đá bóng trực tiếp rewards that đá bóng trực tiếp Vietnam national football team receives along with đá bóng trực tiếp championship title, medals will not be subject to personal income tax.

Additionally, đá bóng trực tiếp General Department of Taxation issuedOfficial Dispatch 1324/TCT-TNCN in 2018regarding personal income tax on other rewards received by đá bóng trực tiếp Vietnam national football team. Specifically as follows:

(2) Rewards from other organizations, individuals:

For rewards from other organizations, individuals such as rewards from economic corporations, banks, businesses, organizations or individuals for đá bóng trực tiếp team or individual players, coaches, if considered as wages, salaries or implemented under financial regulations on expenses and rewards of đá bóng trực tiếp Vietnam Football Federation, it will be counted as taxable personal income as regulated in clause 10, Article 2 ofCircular 111/2013/TT-BTC.

Furthermore, according toOfficial Dispatch 1324/TCT-TNCN in 2018, đá bóng trực tiếp General Department of Taxation also states that tax deductions will be implemented according to đá bóng trực tiếp partially progressive tax scale or 10% deduction for income from 2 million VND/occasion and above, depending on đá bóng trực tiếp labor contract of đá bóng trực tiếp players, coaches, and team members. At đá bóng trực tiếp end of đá bóng trực tiếp year, individuals will complete tax finalization according to regulations.

(3) Gifts that are assets requiring registration of ownership or use:

If an individual receives a gift in đá bóng trực tiếp form of securities, capital shares in economic organizations, real estate or other assets requiring registration of ownership, use rights, they must pay personal income tax on đá bóng trực tiếp income from receiving gifts as per clause 10, Article 2 ofCircular 111/2013/TT-BTCof đá bóng trực tiếp Ministry of Finance and implement tax calculations, declarations, and payment according to Article 16 ofCircular 111/2013/TT-BTCand clause 6, Article 16 ofCircular 156/2013/TT-BTCof đá bóng trực tiếp Ministry of Finance.

Thus,đá bóng trực tiếp payment of personal income tax on đá bóng trực tiếp total 33-billion reward of đá bóng trực tiếp Vietnam national football team depends on đá bóng trực tiếp source and nature of đá bóng trực tiếp received rewards.

What are regulations onpersonal income tax periodin Vietnam?

Based on Article 7 of đá bóng trực tiếpLaw on Personal Income Tax 2007as amended by clause 3, Article 1 of đá bóng trực tiếpAmended Law on Personal Income Tax 2012, đá bóng trực tiếp personal income tax period is regulated as follows:

- For resident individuals, đá bóng trực tiếp period is regulated as follows:

+ đá bóng trực tiếp yearly tax period applies to income from business; income from wages and salaries;

+ đá bóng trực tiếp tax period per occurrence of income applies to income from capital investment; income from capital transfer, except for income from securities transfer; income from real estate transfer; income from winning prizes; income from royalties; income from franchise; income from inheritance; income from gifts;

+ đá bóng trực tiếp tax period per transaction or annually for income from securities transfer.

- For non-resident individuals, đá bóng trực tiếp tax period is per occurrence of income for all taxable income.