WEBVTT

00:00:03.237 --> 00:00:05.917 
9 cases of money entering personal
accounts but not incurring tax obligations. 

00:00:06.317 --> 00:00:09.875 
1. Receive money from relatives within
the scope of tax exemption, money given 

00:00:09.875 --> 00:00:11.517 
by father, mother, children, spouses, siblings. 

00:00:11.517 --> 00:00:14.828 
This is an income exempt from personal
income tax under Clause 4, Article 3 of 

00:00:14.828 --> 00:00:17.697 
the Law on Personal Income Tax and
Article 9 of Circular No. 111. 

00:00:18.497 --> 00:00:21.177 
2. Money for wedding gifts, birthday
gifts are the amount of money 

00:00:21.177 --> 00:00:22.517 
received according to customs and practices, 

00:00:22.817 --> 00:00:26.237 
not regular and not arising from
business activities, so they are not subject to tax 

00:00:26.237 --> 00:00:30.297 
according to Article 3 of Circular No.
111 of the Ministry of Finance, income is not regular. 

00:00:31.157 --> 00:00:34.717 
3. Receiving insurance compensation
includes receipts from life insurance, 

00:00:34.717 --> 00:00:37.557 
health insurance, accident insurance,
unemployment insurance or social insurance. 

00:00:37.917 --> 00:00:40.709 
This is tax-exempt income according to
Clause 1, Article 3 of Circular No. 

00:00:40.709 --> 00:00:41.997 
111 of the Ministry of Finance. 

00:00:42.797 --> 00:00:46.717 
4. Receiving support money from
charitable charity funds, receiving from charitable organizations, 

00:00:46.917 --> 00:00:49.722 
Legal non-profit organizations will not
be included in taxable income according 

00:00:49.722 --> 00:00:52.017 
to Clause 3, Article 3 of Circular No. 111. 

00:00:52.017 --> 00:00:55.670 
5. Receive real estate transfer fees
within the scope of tax exemption in 

00:00:55.670 --> 00:00:57.917 
Clause 1, Article 3 of Circular No. 111 

00:00:57.917 --> 00:01:01.235 
and the amended personal income tax law
in 2012 if there is 

00:01:01.235 --> 00:01:02.617 
evidence of legal family relationships 

00:01:02.617 --> 00:01:07.417 
will not have to be subject to tax or
transfer between parents, children, spouses, or siblings. 

00:01:07.977 --> 00:01:10.977 
6. Receive winning money for lottery
books and game shows below taxable 

00:01:10.977 --> 00:01:12.977 
rates, winning prizes but under 10 million VND 

00:01:12.977 --> 00:01:17.097 
for one time, personal income tax is not
required according to Article 15 of Circular No. 111. 

00:01:17.537 --> 00:01:21.957 
7. Receive refunds from others, refunds
on loans, deposits, advances, 

00:01:22.277 --> 00:01:24.277 
not income, so no tax obligations arise. 

00:01:24.857 --> 00:01:26.997 
8. Receive money from selling non-taxable assets. 

00:01:27.557 --> 00:01:31.097 
Selling used personal items that are not
real estate, cars, or motorbikes of high value. 

00:01:31.477 --> 00:01:33.797 
If it is not of business nature, it is not subject to tax. 

00:01:34.197 --> 00:01:37.123 
However, it should be noted that if it
is strange and frequent, it can 

00:01:37.123 --> 00:01:38.377 
be classified as a business contract. 

00:01:38.837 --> 00:01:41.577 
9. Receiving bonuses not subject
to personal income tax. 

00:01:41.977 --> 00:01:47.157 
Some bonuses based on point E are about
2.2 and about 2.3 Circular No. 111 

00:01:47.157 --> 00:01:51.677 
such as rewarding improved technical
initiatives if recognized, rewarding from state awards.