Taxes on prize winnings calculator

Hanoi (VNA) – FoodMap.Asia, an e-commerce platform to link farmers with hotels and residential areas, won the first prize at the final round of Startup Hunt 2020 contest which was held on November 27 with the theme of “agriculture digital transformation”. FoodMap.Asia beat 300 other initiatives and projects to get the top prize worth 100 million VND (over 4,300 USD) at the contest organised within the framework of the Techfest Vietnam 2020. The platform supports small-and medium-sized agricultural households to form suitable production processes, and improve quality of Vietnamese farming products. To date, the platform has helped some 300 agricultural producers from 40 cities and provinces nationwide sell nearly 1,000 kinds of agricultural products. Providing solutions to tracing quality of value chains through blockchain, Digital Kingdom got the second prize worth 50 million VND, while NATA project, which effectively treats seafood processing wastewater for … [Read more...] about FoodMap.Asia platform wins Startup Hunt 2020 contest

It is expected that most enterprises will record low operating profits or suffer severe losses. Therefore, the enterprise should consider proving that the fluctuation of profits (or even losses) are entirely attributed to the special circumstances of COVID-19 and not due to transfer pricing issues. The enterprise should document the commercial and financial causes of negative performance results in the context of the pandemic such as a decline in demand and idle capacity. … [Read more...] about Reviewing MNC transfer pricing policy in line with regulations

Organized by AFF, the ACC is a lucrative competition featuring 12 leading clubs from the ASEAN region and AFF-affiliated countries. It was originally set to take place this year but has been delayed due to the Covid-19 pandemic. The event offers prizes to all participating teams, with the winning club to pocket more than $500,000. ACC is the next major competition in the region after AFF Cup, which will be held in April next year. … [Read more...] about ASEAN Club Championship shifted to 2022