What are 80+ sample letters for the 54th UPU International Letter-Writing Competition 2025 in Vietnamese? What is the tax rate applying to prizes from the 54th UPU International Letter-Writing Competition in Vietnam in 2025?
What are 80+ sample letters for the 54th UPU International Letter-Writing Competition 2025 in Vietnamese?
The 54th UPU International Letter-Writing Competition 2025 introduces an inspiring theme: "IMAGINE YOU ARE THE OCEAN. Write a letter to someone explaining the reasons and how they should care for and protect you." This theme is not only a challenge that stimulates creativity but also an opportunity for you to become the voice of the ocean—a place that holds magical beauty but also bears significant harm from environmental pollution.
Below is a compilation of the best concise sample letters for the 54th UPU International Letter-Writing Competition 2025 for your reference:
|
>>> See more 80+ sample letters for the 54th UPU International Letter-Writing Competition 2025 in Vietnamese...HERE
What are 80+ sample letters for the 54th UPU International Letter-Writing Competition 2025 in Vietnamese? (Image from the Internet)
What is the tax rate applying to prizes from the 54th UPU International Letter-Writing Competition in Vietnam in 2025?
According to Clause 6, Article 3 of the Law on Personal Income Tax 2007 (amended by Clause 2, Article 2 of the Law Amending Various Tax Laws 2014), the regulation is as follows:
Taxable Income
Taxable income includes the following types of income, excluding those exempt from tax stipulated in Article 4 of this Law:
...
- Income from winnings, including:
a) Lottery winnings;
b) Winnings from promotional programs;
c) Winnings from betting forms;
d) Winnings from games, competitions with prizes, and other forms of winnings.
...
According to point d, clause 1, Article 15 of Circular 111/2013/TT-BTC, the regulation is as follows:
Tax Basis for Income from Winnings
The basis for calculating tax on winning income is taxable income and tax rate.
- Taxable Income
Taxable income from winnings is the value of the prize exceeding 10 million VND that the taxpayer receives per winning instance, regardless of the number of times prize money is received.
In case a prize has multiple winners, the taxable income is divided among recipients. Winners must present legal evidence. If no legal evidence is provided, the winning income is considered for one individual. If an individual wins multiple prizes in a contest, the taxable income is the total value of the prizes.
Taxable income from some games with prizes. Specifically:
...
d) For prizes from games, competitions with prizes calculated per receipt. Prize value is the total prize amount exceeding 10 million VND that the player receives without any cost deduction.
...
Thus, according to this regulation, taxable personal income tax (PIT) on competition prizes is the portion of the prize value exceeding 10 million VND received per winning instance.
Additionally, per clause 2, Article 15 of Circular 111/2013/TT-BTC, the applicable tax rate for this income is 10%. Therefore, if you receive a prize exceeding 10 million VND from the UPU Letter Writing Competition, you will have a personal income tax withheld at a tax rate of 10% on the portion exceeding this amount.
According to clause 4, Article 15 of Circular 111/2013/TT-BTC, the formula for calculating PIT for the prize from the 54th UPU International Letter-Writing Competition 2025 is as follows:
| Personal Income Tax Payable | = | Taxable Income | x | Tax Rate 10% |
Specific Example:
If you receive a national first prize worth 10 million VND and an additional 5 million VND, the taxable income will be 5 million VND (15 million VND - 10 million VND). The PIT payable will be 5 million VND x 10% = 500,000 VND.
Thus, you will be deducted 500,000 VND from the prize money you receive.
However, if the prize is only 10 million VND or less, you will not have to pay PIT on this income.Note: Organizations responsible for awarding prizes are required to withhold personal income tax before awarding to the winning individual according to point g, clause 1, Article 25 of Circular 111/2013/TT-BTC. Therefore, when receiving the prize, it is advisable to check whether the personal income tax has been withheld to comply with tax obligations.
What are rights of taxpayers in Vietnam?
Based on Article 16 of the Law on Tax Administration 2019, the rights of taxpayers are stipulated as follows:
- To receive support and guidance in tax payment; to provide information and documents to fulfill tax obligations and benefits.
- To receive documents related to their tax obligations from competent authorities during inspections, checks, or audits.
- To request tax authorities to explain tax calculation and tax determination; to request assessment of the quantity, quality, and type of imported or exported goods.
- To have their information kept confidential, except for information that must be provided to competent state agencies or publicly disclosed tax information as stipulated by law.
- To enjoy tax incentives, tax refunds according to tax laws; to be informed about the processing time for tax refunds, non-refundable tax amounts, and legal grounds for non-refundable tax amounts.
- To sign contracts with business organizations providing tax procedure services, customs agency services to carry out tax agency services, and customs procedure agency services.
- To receive tax handling decisions, tax inspection minutes, and tax inspection records; to request explanations on the contents of tax handling decisions; to reserve opinions in the tax inspection minutes and tax inspection records; to receive tax inspection concluding documents, tax inspection decisions, and tax handling decisions post-inspection, post-audit from tax administration agency.
- To be compensated for damages caused by tax administration agencies, tax management officials according to legal regulations.
- To request tax authorities to confirm the fulfillment of their tax obligations.
- To file complaints and lawsuits against administrative decisions and administrative actions related to their legitimate rights and interests.
- Not to be fined for administrative tax violations or charged late payment interest in cases where taxpayers comply with written guidance and handling decisions from tax agencies and competent state agencies relating to the determination of taxpayers' tax obligations.
- To report violations of law by tax management officials and other organizations and individuals as per the law on denunciation.
- To access, view, and print all electronic receipts they have sent to the electronic information portal of the tax administration agency according to this Law and the electronic transaction law.
- To use electronic receipts in transactions with tax administration agencies and related agencies and organizations.
- Are imports sent by express delivery services exempt from VAT in Vietnam?
- What are the criteria for identifying low income earners in Vietnam in 2025? Which income amount is taxable in Vietnam ?
- General Department of Taxation of Vietnam clarifies 03 tax issues when implementing the Land Law 2024?
- What is the organizational structure of the General Department of Taxation of Vietnam? What is the direction for downsizing the General Department of Taxation of Vietnam according to Report 219?
- What are 5+ Speeches for the Cell Congress of Communist Party of Vietnam in 2025? What are the expenditure contents and the basis for drafting expenditure estimates for the activities of a CPV Cell?
- What is a personal income tax statement? What are key points about PIT statement in Vietnam?
- Are lending services provided by taxpayers that are not credit institutions subject to VAT in Vietnam from July 1, 2025?
- What is the organizational structure of the State Bank of Vietnam from March 1, 2025? What are the tasks the State Bank of Vietnam collaborates with the Ministry of Finance of Vietnam on March 1, 2025?
- What are guidelines for handover, accounting, and bookkeeping in the case of dissolution, merger, or consolidation of units of Vietnamese Trade Union?
- Decree 26 2025 on the Function, Duties, Powers, and Organizational Structure of the State Bank of Vietnam issued?
