trực tiếp bóng đá hôm nayVietnam: May an personal income taxpayer receive personal deductions if their child is studying for a master's degree?

What are trực tiếp bóng đá hôm nay principles for calculating personal deductions for personal income taxpayers in Vietnam?

Based on Point c Clause 1 Article 9 ofCircular 111/2013/TT-BTC, trực tiếp bóng đá hôm nay principles for calculating personal deductions for personal income taxpayers are stipulated as follows:

(1) Personal deductions for trực tiếp bóng đá hôm nay taxpayer themselves

- If trực tiếp bóng đá hôm nay taxpayer has multiple sources of income from salaries, wages, or business activities, they must choose to apply trực tiếp bóng đá hôm nay personal deductions at one place for themselves at a given time (accounted for trực tiếp bóng đá hôm nay full month).

- For foreigners residing in Vietnam, personal deductions can be calculated from January or from trực tiếp bóng đá hôm nay month they arrive in Vietnam if trực tiếp bóng đá hôm nay individual is present for trực tiếp bóng đá hôm nay first time until trực tiếp bóng đá hôm nay end of trực tiếp bóng đá hôm nay employment contract and leaves Vietnam within trực tiếp bóng đá hôm nay tax year (accounted for trực tiếp bóng đá hôm nay full month).

- In cases where trực tiếp bóng đá hôm nay taxpayer has not applied personal deductions for themselves or has applied deductions for less than 12 months within trực tiếp bóng đá hôm nay tax year, they are entitled to apply a full 12-month deduction when finalizing taxes according to regulations.

(2) Personal deductions for dependents

- Taxpayers are entitled to apply personal deductions for dependents if they have registered as a taxpayer and have been issued a tax identification number.

- When taxpayers register for personal deductions for dependents, trực tiếp bóng đá hôm nay tax authorities will issue a tax identification number for trực tiếp bóng đá hôm nay dependents, allowing for temporary deductions within trực tiếp bóng đá hôm nay year starting from trực tiếp bóng đá hôm nay registration. Dependents registered for deductions before trực tiếp bóng đá hôm nayThông tư 111/2013/TT-BTCcame into effect will continue to receive deductions until a tax identification number is issued.

- If trực tiếp bóng đá hôm nay taxpayer has not calculated personal deductions for dependents within trực tiếp bóng đá hôm nay tax year, they are allowed to calculate deductions starting from trực tiếp bóng đá hôm nay month of supporting obligation when finalizing taxes and registering for deductions for dependents. For other dependents as guided at Subsection d.4 Point d Clause 1 Article 9 ofCircular 111/2013/TT-BTC, trực tiếp bóng đá hôm nay deadline to register for deductions is December 31 of trực tiếp bóng đá hôm nay tax year, beyond which deductions cannot be applied for that tax year.

- Each dependent is only allowed one deduction against one taxpayer in trực tiếp bóng đá hôm nay tax year. If multiple taxpayers share a dependent, they must mutually decide which taxpayer will register trực tiếp bóng đá hôm nay personal deduction.

Vietnam: May an personal income taxpayer receive personal deductions if their child is studying for a master's degree?

Based on Point d Clause 1 Article 9 ofCircular 111/2013/TT-BTCregarding dependents, trực tiếp bóng đá hôm nay stipulation is as follows:

Deductions

1. Personal Deductions

...

d) Dependents include:

d.1) Children: biological children, adopted children, children out of wedlock, stepchildren of trực tiếp bóng đá hôm nay wife, stepchildren of trực tiếp bóng đá hôm nay husband, specifically including:

d.1.1) Children under 18 years old (calculated monthly).

Example 10: Mr. H’s child born on July 25, 2014, is considered a dependent from July 2014.

d.1.2) Children from 18 years old and above with disabilities, unable to work.

d.1.3) Children studying in Vietnam or abroad at higher education levels including university, college, vocational school, or children from 18 years old studying at high school level (including waiting period for university exam results from June to September of 12th grade) without income or monthly average income from all sources not exceeding 1,000,000 VND.

d.2) Spouse of trực tiếp bóng đá hôm nay taxpayer meeting conditions at Point e, Clause 1, of this Article.

d.3) Biological parents; parents-in-law (or parents-in-law); stepfather, stepmother; or legal adoptive parents of trực tiếp bóng đá hôm nay taxpayer meeting conditions at Point e, Clause 1, of this Article.

d.4) Other individuals with no support elsewhere whom trực tiếp bóng đá hôm nay taxpayer is directly caring for and meeting conditions at Point e, Clause 1, of this Article, including:

d.4.1) Siblings of trực tiếp bóng đá hôm nay taxpayer.

d.4.2) Grandparents, aunt, uncle of trực tiếp bóng đá hôm nay taxpayer.

d.4.3) Nephews and nieces of trực tiếp bóng đá hôm nay taxpayer.

d.4.4) Other caretakers as per legal regulations.

...

Therefore, trực tiếp bóng đá hôm nay child of an personal income taxpayer studying for a master's degree is not considered a dependent under these regulations, and thus trực tiếp bóng đá hôm nay taxpayer cannot receive personal deductions in this case.

Vietnam: May an personal income taxpayer receive personal deductions if their child is studying for a master's degree? (Image from Internet)

What is trực tiếp bóng đá hôm nay personal deduction level for personal income taxpayers in Vietnam?

Based on Article 1 ofResolution 954/2020/UBTVQH14, trực tiếp bóng đá hôm nay personal deduction level is stipulated as follows:

Personal deduction levels

Adjust trực tiếp bóng đá hôm nay personal deduction levels specified in Clause 1 Article 19 of trực tiếp bóng đá hôm nay Personal Income Tax Law No. 04/2007/QH12, amended and supplemented by Law No. 26/2012/QH13 as follows:

1. trực tiếp bóng đá hôm nay deduction level for taxpayers is 11 million VND/month (132 million VND/year).

2. trực tiếp bóng đá hôm nay deduction level for each dependent is 4.4 million VND/month.

Therefore, trực tiếp bóng đá hôm nay personal deduction level for personal income taxpayers is determined as follows:

- For trực tiếp bóng đá hôm nay taxpayer themselves: 11 million VND/month.

- For dependents (if any): 4.4 million VND/month per dependent, increasing incrementally with trực tiếp bóng đá hôm nay number of dependents.