What is vtv2 trực tiếp bóng đá hôm nay statement of donations on September 13 by vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front? Are contributions from employee salaries subject to personal income tax?

What is vtv2 trực tiếp bóng đá hôm nay statement of donations on September 13 by vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front?

Currently, vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front has publicized vtv2 trực tiếp bóng đá hôm nay Vietcombank account statement 0011001932418 from September 1 to September 10, 2024. vtv2 trực tiếp bóng đá hôm nay account statement up to September 13 is awaiting information from vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front.

vtv2 trực tiếp bóng đá hôm nay Central Committee of vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front has posted 12,028 pages of vtv2 trực tiếp bóng đá hôm nay statement of donations for compatriots affected by Storm No. 3, totaling VND 527.8 billion.

To ensure transparency, vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front has publicized vtv2 trực tiếp bóng đá hôm nay account statement for everyone to follow.

vtv2 trực tiếp bóng đá hôm nay Central Relief Committee has also posted detailed lists of organizations and individuals who donated through vtv2 trực tiếp bóng đá hôm nay Vietcombank account 0011001932418 from September 1 to September 10, 2024.

View vtv2 trực tiếp bóng đá hôm nay entire 12,028 pages of vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front's donation statement from September 1 to September 10, 2024 : Here

How is vtv2 trực tiếp bóng đá hôm nay statement of donations on September 13 by vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front?Are contributions from employee salaries subject to personal income tax?? (Image from vtv2 trực tiếp bóng đá hôm nay Internet)

Are contributions from employee salaries subject to personal income tax in Vietnam?

According to Article 20 of vtv2 trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007, it is stipulated as follows:

Deductions for charitable, humanitarian contributions

1. Charitable and humanitarian contributions are deductible from taxable income before calculating taxes on income from business, salaries, and wages of resident taxpayers, including:

a) Contributions to organizations and establishments caring for and raising children in particularly difficult circumstances, people with disabilities, and homeless elderly people;

b) Contributions to charitable funds, humanitarian funds, and scholarship funds.

.....

According to Clause 3, Article 9 ofCircular 111/2013/TT-BTC, amended by Clause 6, Article 25 ofCircular 92/2015/TT-BTC, regarding deductions for charitable, humanitarian, and educational contributions:

Deductions

....

3. Deductions for charitable, humanitarian, and educational contributions

a) Charitable, humanitarian, and educational contributions are deductible from taxable income before calculating taxes on income from business, salaries, and wages of resident taxpayers, including:

......

a.2) Contributions to charitable funds, humanitarian funds, and scholarship funds established and operating under Decree No. 30/2012/ND-CP dated April 12, 2012, by vtv2 trực tiếp bóng đá hôm nay Government of Vietnam regarding vtv2 trực tiếp bóng đá hôm nay organization and operation of social funds, charitable funds, operating for charitable, humanitarian, and educational purposes, not for profit, and according to other related documents on vtv2 trực tiếp bóng đá hôm nay management and use of sponsorship funds.

vtv2 trực tiếp bóng đá hôm nay documents proving charitable, humanitarian, educational contributions are legal receipts issued by central or provincial organizations and funds.

b) Charitable, humanitarian, and educational contributions arising in a fiscal year are deductible from taxable income of that fiscal year. If not fully deducted, they cannot be carried over to vtv2 trực tiếp bóng đá hôm nay next fiscal year. vtv2 trực tiếp bóng đá hôm nay maximum deduction does not exceed vtv2 trực tiếp bóng đá hôm nay taxable income from salaries, wages, and business income of vtv2 trực tiếp bóng đá hôm nay fiscal year in which vtv2 trực tiếp bóng đá hôm nay charitable humanitarian educational contribution arises.

According toOfficial Dispatch 4184/TCT-DNNCN in 2019regarding legal receipts for humanitarian charitable contributions:

Based on vtv2 trực tiếp bóng đá hôm nay regulations, guidelines, and vtv2 trực tiếp bóng đá hôm nay tax voter's records, in 2018, vtv2 trực tiếp bóng đá hôm nay Vietnam Construction Bank (VCBank) upon vtv2 trực tiếp bóng đá hôm nay call from vtv2 trực tiếp bóng đá hôm nay Vietnam Fatherland Front, vtv2 trực tiếp bóng đá hôm nay bank mobilized a deduction of one day’s salary from employees transferred to vtv2 trực tiếp bóng đá hôm nay account of vtv2 trực tiếp bóng đá hôm nay Vietnam Bank Trade Union and had sufficient transfer receipts and a list of individuals with deducted salary confirmed by vtv2 trực tiếp bóng đá hôm nay branch management. Subsequently, vtv2 trực tiếp bóng đá hôm nay Vietnam Bank Trade Union handed over vtv2 trực tiếp bóng đá hôm nay funds and supported vtv2 trực tiếp bóng đá hôm nay provincial Vietnam Fatherland Fronts with legal receipts under Clause 3, Article 3 and Article 16 of vtv2 trực tiếp bóng đá hôm nay Accounting Law No. 88/2015/QH13 dated November 20, 2015, issued by vtv2 trực tiếp bóng đá hôm nay provincial Vietnam Fatherland Fronts, so VCBank employees could deduct these charitable, humanitarian contributions from their personal income tax when finalizing taxes for 2018.

Thus, humanitarian charitable contributions are deductible from personal income tax if there are documents proving charitable, humanitarian, educational contributions with legal receipts issued by central or provincial organizations and funds.

If vtv2 trực tiếp bóng đá hôm nay company deducts charitable, humanitarian contributions from employees' salaries, these contributions will not be subject to PIT if vtv2 trực tiếp bóng đá hôm nay following criteria are met:

- vtv2 trực tiếp bóng đá hôm nay company campaigns to deduct one day’s salary from employees for humanitarian charitable contributions.

- vtv2 trực tiếp bóng đá hôm nay money is transferred to vtv2 trực tiếp bóng đá hôm nay account of an authorized organization calling for charity and has complete transfer receipts and a list of individuals with deducted salary confirmed by an authoritative person.

- There are legal accounting receipts issued by central or provincial organizations and funds according to vtv2 trực tiếp bóng đá hôm nay Accounting Law 2015.

How to determine vtv2 trực tiếp bóng đá hôm nay personal income tax period in Vietnam?

According to Article 7 of vtv2 trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007, amended by Clause 3, Article 1 of vtv2 trực tiếp bóng đá hôm nayPersonal Income Tax Amendment Law 2012on personal income tax calculation periods, vtv2 trực tiếp bóng đá hôm nay personal income tax period is determined as follows:

- For resident individuals:

+ vtv2 trực tiếp bóng đá hôm nay annual tax calculation period applies to income from business; income from salaries, and wages.

+ vtv2 trực tiếp bóng đá hôm nay tax calculation period according to each instance of income applies to income from investment; capital transfer income, excluding income from securities transfer; income from real estate transfer; winning income; copyright income; franchise income; inheritance income; gift income.

+ vtv2 trực tiếp bóng đá hôm nay tax calculation period can be each instance of transfer or per year for income from securities transfer.

- For non-resident individuals: vtv2 trực tiếp bóng đá hôm nay tax calculation period is per instance of income for all taxable income.