Is Burning the Money One Earns a Violation of the Law?
According to Clause 2, Article 23 of the Law on the State Bank of Vietnam 2010, it is strictly prohibited to destroy currency illegally.
In your case, burning the money you made is also an illegal act.
Clause 3, Clause 5, Article 31 of Decree 88/2019/ND-CP stipulates as follows:
"3. A fine of VND 10,000,000 to VND 15,000,000 shall be imposed for acts of illegally destroying or damaging Vietnamese currency.
- Additional penalties:
Confiscation of all exhibits and means used to commit violations in Clauses 2, 3, and 4 of this Article, assigned to competent authorities for handling."
Thus, your act of burning money will be fined from VND 10 million to VND 15 million and all exhibits and means used to commit the violation will be confiscated.
Sincerely!
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