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Winning the lottery is an exciting event, but it also comes with responsibilities, particularly when it comes to taxes. If you’ve ever wondered how lottery winnings are taxed in Vietnam, this guide will break it down for you. Are Lottery Winnings Taxed in Vietnam? Yes, lottery winnings in Vietnam are subject to personal income tax (PIT). The law mandates that any individual who wins a prize from a lottery must pay taxes on their winnings, with some exceptions for smaller amounts Xổ Số Việt Nam. Tax Rate for Lottery Winnings Under Vietnamese law, lottery winnings exceeding VND 10 million (approximately…
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