Nội dung toàn văn Official Dispatch No. 27/TC/TCT of January 4, 2005, on payment of personal income tax on sale promotion go
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THE MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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No. 27/TC/TCT |
Hanoi, January 4, 2005 |
To: Provincial/municipal Tax Departments
The Ministry of Finance has recently received official letters from several provincial/municipal Taxation Departments, on the collection of income tax on high-income earners with respect to sale promotion goods. Concerning this issues, the Finance Ministry gives the following opinion:
Point 2.2.2, Section I of the Finance Ministry’s Circular No. 81/2004/TT-BTC of August 13, 2004, stipulates that irregular incomes include “Lottery prizes in any form, including sale promotion prizes.”
According to the aforesaid regulation, incomes earned from winning prizes (in cash or in kind) under sale promotion programs organized by goods-selling enterprises in the forms of draw, uncapping bottles (or cans) for winning prizes; raffle; scratch cards placed in bags or packs of products, or sale of goods accompanied by sale promotion gifts in strict accordance with the provisions of the Government’s Decree No. 32/1999/ND-CP of May 5, 1999, on sale promotion, commercial advertisements and trade fairs, are subject to tax on irregular incomes under the Ordinance on Income Tax on High-Income Earners.
The Ministry of Finance hereby notifies the aforesaid opinion to provincial/municipal Taxation Departments for implementation.
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FOR THE MINISTER OF FINANCE |
