Https aseanutdfc com asean mitsubishi electric cup 2025: What is the link to vote for the best goal of AFF Cup? Is the money prize for voting the best goal of the AFF Cup subject to personal income tax in Vietnam?

Https aseanutdfc com asean mitsubishi electric cup 2025: What is the link to vote for the best goal of AFF Cup?

The AFF Cup, also known as the Southeast Asian Football Championship, is an extremely important and highly anticipated international football tournament in the Southeast Asia region. This tournament is organized by the ASEAN Football Federation (AFF) and gathers football teams representing countries in the region.

*Below is the Https aseanutdfc com asean mitsubishi electric cup 2025 Link to vote for the best goal of the AFF Cup:

Https aseanutdfc com asean mitsubishi electric cup 2025: What is the link to vote for the best goal of AFF Cup? Is the money prize for voting the best goal of the AFF Cup subject to personal income tax in Vietnam? (Image from the Internet)

Is the money prize for voting the best goal of the AFF Cup subject to personal income tax in Vietnam?

According to point e, clause 2, Article 2 of Circular 111/2013/TT-BTC, regulations on taxable personal income are as follows:

Taxable Incomes

...

2. Income from wages and salaries

...

e) Cash bonuses or non-cash bonuses in all forms, including stock bonuses, except for the following bonuses:

e.1) Bonuses attached to titles awarded by the State, including bonuses associated with emulation titles and forms of commendation in accordance with laws on emulation and commendation, specifically:

e.1.1) Bonuses associated with emulation titles such as National Emulation Soldier; Sectoral, departmental, central union emulation soldiers, provinces, centrally run cities; Grassroots emulation soldiers, Advanced Laborers, Advanced Soldiers.

e.1.2) Bonuses associated with forms of commendation.

e.1.3) Bonuses associated with titles conferred by the State.

e.1.4) Bonuses associated with money prizes given by organizations and associations that belong to central and local political organizations, political-social organizations, social organizations, social-professional organizations in accordance with their charters and the Law on Emulation and Commendation.

e.1.5) Bonuses associated with the Ho Chi Minh money prize, State money prize.

e.1.6) Bonuses associated with Medals, Badges.

e.1.7) Bonuses associated with Certificates of Merit, Letters of Commendation.

The authority to decide commendations, bonus amounts associated with the aforementioned emulation titles, forms of commendation must comply with the provisions of the Law on Emulation and Commendation.

e.2) Bonuses associated with national and international awards recognized by the Vietnamese State.

e.3) Bonuses on technical improvements, inventions, and patents recognized by competent state agencies.

e.4) Bonuses on detecting and reporting legal violations to competent state agencies.

...

Thus, the money prize awarded for being voted the best goal of the AFF Cup that a player of the Vietnam national football team receives is a bonus associated with an international award recognized by the Vietnamese State and is not subject to personal income tax.

Which incomes are exempt from personal income tax in Vietnam?

According to Article 4 of the Law on Personal Income Tax 2007 supplemented by clause 3, Article 2 Law on Amendments to Tax Laws 2014 and amended by clause 2, Article 1 Law on Amendments to Law on Personal Income Tax 2012, the regulations on personal income exempt from personal income tax are as follows:

- Income from the transfer of real estate between spouses; biological parents and biological children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and grandchildren; maternal grandparents and grandchildren; siblings.

- Income from the transfer of residential houses, homestead land use rights and assets attached to homestead land of an individual in cases where the individual has only one residential house or homestead land.

- Income from the value of land use rights of individuals allocated land by the State.

- Income from inheritances, gifts being real estate between spouses; biological parents and biological children; adoptive parents and adopted children; parents-in-law and daughters-in-law; parents-in-law and sons-in-law; paternal grandparents and grandchildren; maternal grandparents and grandchildren; siblings.

- Income of households and individuals directly involved in agricultural production, forestry, salt making, aquaculture, fishing that has not been processed into other products or only undergone preliminary processing.

- Income from the conversion of agricultural land of households and individuals allocated by the State for production.

- Income from interest on deposits at credit institutions, interest from life insurance contracts.

- Income from remittances.

- The portion of night shift wages, overtime pay is higher than day working wages, and normal working hours as prescribed by law.

- Retirement pensions paid by the Social Insurance Fund; voluntary pension funds paid monthly.

- Income from scholarships, including:

+ Scholarships received from the state budget;

+ Scholarships received from domestic and foreign organizations under the study promotion or support program of those organizations.

- Income from compensation for life insurance, non-life insurance contracts, compensation for occupational accidents, compensation from the state and other compensation under the law.

- Income received from charitable funds allowed or recognized by competent state agencies, operating for charitable, humanitarian purposes, non-profit.

- Income received from foreign assistance for charitable, humanitarian purposes in the form of government and non-governmental organizations approved by competent state agencies.

- Income from salaries and wages of Vietnamese crew members working for foreign shipping companies or Vietnamese shipping companies engaging in international transport.

- Income of individuals who are shipowners, individuals with the right to use ships, and individuals working on ships from providing goods and services directly serving offshore fishing activities.