Vietnam: When is trực tiếp bóng đá hôm nay enforcement by seizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction not applied?

Vietnam: When is trực tiếp bóng đá hôm nay enforcement by seizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction not applied?

According to Article 133 of trực tiếp bóng đá hôm nayLaw on Tax Administration 2019, regulations on enforcement through trực tiếp bóng đá hôm nay seizure of assets, auctioning seized assets are as follows:

Enforcement by trực tiếp bóng đá hôm nay measure of asset seizure, sale of seized assets by auction

1. trực tiếp bóng đá hôm nay measure of asset seizure is not applied in cases where trực tiếp bóng đá hôm nay taxpayer is an individual undergoing medical treatment at a healthcare facility established under legal regulations.

2. trực tiếp bóng đá hôm nay value of trực tiếp bóng đá hôm nay seized assets of trực tiếp bóng đá hôm nay subject being enforced is equivalent to trực tiếp bóng đá hôm nay amount of tax stated in trực tiếp bóng đá hôm nay enforcement decision and trực tiếp bóng đá hôm nay costs for organizing trực tiếp bóng đá hôm nay enforcement execution.

3. trực tiếp bóng đá hôm nay following assets are not subject to seizure:

a) Medicines, food, and necessities for essential needs of trực tiếp bóng đá hôm nay subject being enforced for administrative decisions on tax management and their families;

b) Labor tools;

c) Sole residence, essential living items of trực tiếp bóng đá hôm nay subject being enforced for administrative decisions on tax management and their families;

d) Worship items; relics, medals, decorations, certifications of merit;

đ) Assets serving national defense, security.

4. Within 30 days from trực tiếp bóng đá hôm nay date of asset seizure, if trực tiếp bóng đá hôm nay subject being enforced for administrative decisions on tax management does not pay trực tiếp bóng đá hôm nay full tax debt, trực tiếp bóng đá hôm nay tax administration authority is entitled to sell trực tiếp bóng đá hôm nay seized assets by auction to collect trực tiếp bóng đá hôm nay full tax debt.

5. trực tiếp bóng đá hôm nay Government of Vietnam stipulates trực tiếp bóng đá hôm nay details of this Article.

Thus, trực tiếp bóng đá hôm nay measure of asset seizure is not applied in cases where trực tiếp bóng đá hôm nay taxpayer is an individual undergoing medical treatment at a healthcare facility established under legal regulations.

Moreover, trực tiếp bóng đá hôm nay value of trực tiếp bóng đá hôm nay seized assets of trực tiếp bóng đá hôm nay subject being enforced must be equivalent to trực tiếp bóng đá hôm nay amount of tax recorded in trực tiếp bóng đá hôm nay enforcement decision and trực tiếp bóng đá hôm nay costs for organizing trực tiếp bóng đá hôm nay enforcement execution.

Vietnam: When is trực tiếp bóng đá hôm nay enforcement by seizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction not applied?(Image from trực tiếp bóng đá hôm nay Internet)

Which assets are not subject to seizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction in Vietnam?

According to Clause 2, Article 35 ofDecree 126/2020/ND-CP, trực tiếp bóng đá hôm nay assets that are not subject to seizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction are as follows:

(1) For individuals subjected to enforcement of administrative decisions on tax management:

- trực tiếp bóng đá hôm nay sole residence of trực tiếp bóng đá hôm nay individual and their family who is under enforcement.

- Medicines, food, and necessities serving trực tiếp bóng đá hôm nay essential needs of trực tiếp bóng đá hôm nay individual and their family who is under enforcement.

- Necessary ordinary labor tools used as main or sole means of subsistence for trực tiếp bóng đá hôm nay individual and their family who is under enforcement.

- Clothing, essential living items of trực tiếp bóng đá hôm nay individual and their family who is under enforcement.

- Worship items; relics, medals, decorations, certifications of merit.

(2) For production and business facilities:

- Medicines, means, tools, assets of healthcare facilities, except in cases these are trading circulated assets; food, tools, assets serving midday meals for workers.

- Kindergartens, schools and their equipment, means, tools if these are not business circulating assets of trực tiếp bóng đá hôm nay enterprise.

- Equipment, means, tools ensuring labor safety, fire prevention, environmental pollution prevention.

- Infrastructure serving public interest, security, defense; imported goods directly serving security, defense; exported, imported goods serving social welfare assurance, disaster recovery, epidemic; goods imported for humanitarian aid, non-refundable aid.

- Raw materials, finished products, semi-finished products that are hazardous toxic chemicals prohibited from circulation.

- Raw materials, semi-finished products that are in a closed production line.

(3) For state agencies, political organizations, socio-political organizations, socio-professional organizations (collectively referred to as agencies, organizations) operating with state budget funds, assets purchased from trực tiếp bóng đá hôm nay state budget are not seized but require such agencies, organizations to propose to competent authorities for financial support to execute trực tiếp bóng đá hôm nay enforcement decision.

If trực tiếp bóng đá hôm nay agency, organization has revenue from other lawful activities, then assets invested and purchased from such revenue can be seized to execute trực tiếp bóng đá hôm nay enforcement decision, except for trực tiếp bóng đá hôm nay following assets:

- Medicines, means, tools, assets of healthcare facilities, except in cases these are trading circulated assets; food, tools, assets serving midday meals for officials.

- Kindergartens, schools, equipment, means, tools if these are not circulated for business of trực tiếp bóng đá hôm nay agency, organization.

- Equipment, means, tools ensuring labor safety, fire prevention, environmental pollution prevention.

- Official headquarters.

- Infrastructure serving public interest, security, defense.

Which subjects are subject toseizure of trực tiếp bóng đá hôm nay taxpayer’s assets and sell them at auction in Vietnam?

According to Clause 1, Article 35 ofDecree 126/2020/ND-CP, trực tiếp bóng đá hôm nay subjects to which trực tiếp bóng đá hôm nay enforcement by trực tiếp bóng đá hôm nay measure of asset seizure, auctioning seized assets applies are as follows:

- Enforcement by trực tiếp bóng đá hôm nay measure of asset seizure, auctioning seized assets applies to taxpayers who are enforced to execute administrative decisions on tax management when trực tiếp bóng đá hôm nay enforcement measures prescribed at Points a, b, c, d, Clause 1, Article 125 of trực tiếp bóng đá hôm nayLaw on Tax Administration 2019cannot be applied or have been applied but still could not collect trực tiếp bóng đá hôm nay full tax debt into trực tiếp bóng đá hôm nay state budget or fall into trực tiếp bóng đá hôm nay cases prescribed in Clause 3, Article 125 of trực tiếp bóng đá hôm nayLaw on Tax Administration 2019.

Administrative decisions on tax management include: Decisions on sanctioning administrative violations regarding tax management; tax assessment notifications, tax assessment decisions; tax debt notifications; refund recovery decisions; extension decisions; installment payment decisions; decisions to terminate trực tiếp bóng đá hôm nay effect of decisions to frame tax debts; decisions to apply remedial measures according to trực tiếp bóng đá hôm nay legal regulations on handling administrative violations regarding tax management; decisions on damage compensation; other administrative decisions on tax management according to legal regulations.

- Asset seizure is not applied in cases where trực tiếp bóng đá hôm nay taxpayer is an individual undergoing treatment at legally established healthcare facilities.