Khoa Pug proudly "beat" Son Tung, earned 2 billion a day, but was surprised by the personal income he had to pay

Pug Faculty is a name that is no longer strange to many people today. The male Youtuber always appears with a flashy appearance and is known as one of the young people who owns a large fortune.

Recently, the male YouTuber suddenly announced the amount of m.oney he earns every day.

Specifically, in a new vlog, Khoa Pug said he had just gone to the Maldives resort paradise, and "lamented" that: "You guys are so mean, I have thousands of billions of dong, too much m.oney to spend." It's not over. The pressure is too much so I went to the Maldives to stay for 5 days and spend m.oney to become less rich."

He rented a room at an isolated resort, and chose to stay in a private bungalow, one of the four most expensive apartments in the area. Khoa Pug said that the price to rent this bungalow is about 50 million/night. If you rent for 5 nights, you will get a discount, "only" 150 million.

R.evealing the rumor that he is a "rich man in his 30s", Khoa Pug did not hesitate to boast: "Informing you guys the good news, that is the first time my daily income has surpassed Son Tung - MTP. Son Tung Singing for 1 day, I earn 1 billion VND, and I earn 2 billion VND for 1 day.

In the past, when I heard that Son Tung sang 3 songs in 1 night and was paid 1 billion, I only worked for 1 billion for a month. I had a small dream of surpassing Son Tung's achievements.

Now I have passed, I earn 2 billion/day. Son Tung is 2 years younger than me but has been able to do that for a long time. Only now have I surpassed that level. But it's okay, better late than never."

The YouTuber explained further, saying that Khoa Pug earns twice as much as Son Tung's daily income is not accurate, because Son Tung also accepts advertising and many other jobs, so his total daily income will probably be very high. The number of 1 billion/day Khoa Pug mentioned is compared to Son Tung's salary for singing for 1 night. He felt very happy that he could surpass that achievement.

Khoa Pug did not specifically r.eveal his assets, only affirming that he has a passive source of income, m.oney makes m.oney, so he lives a quite leisurely life. Investing in many fields, including cryptocurrency, but Khoa Pug warns people not to jump in if they do not have knowledge and experience.

"By the way", while showing off his remarkable achievements, Khoa Pug also frankly responded to the fact that he is often questioned by netizens: If he is so rich, why doesn't he do charity work? "Actually, I still do charity work every day, in my own way.

Traveling and spending m.oney are also doing charity. For example, on this trip I spent 200 million to rent a room, buy plane tickets, and other expenses incurred while traveling, about 30% of which is taxes. The government uses that m.oney to build roads, hospitals, schools, bridges for people...

Travel and spending activities are useful contributions to the national economy, because they belong to the economic stimulus chain. And suppose we take tens of billions to distribute to the poor, each person receiving a few hundred thousand still cannot reduce poverty. Consumption is also a way to do charity.

You can give some m.oney to the poor, but that's not a sustainable way. Only when in a collective, each individual has a good income to support their family, is educated, has knowledge, and has a high standard of living, then the country is considered rich and strong," Khoa Pug analyzed.

Assuming that the income figure of 2 billion VND/day is true, the total annual income of Pug Faculty is about 730,000,000,000 VND (730 billion VND).

Paying personal income tax is considered an obligation to the state budget. This is a direct tax, levied on a number of high-income individuals and the tax rate will be clearly regulated by law.

According to regulations, personal income tax payers are individuals who reside and earn income from inside and outside the Vietnamese territory (actually present in Vietnam for more than 183 days of a calendar year or full 12 consecutive months from the first date of actual presence in Vietnam, having a permanent residence in Vietnam) and individuals who do not have residence but have taxable income from within the territory of Vietnam.

Thus, Khoa Pug can be a resident and have income from inside and outside the territory of Vietnam.

Vietnam's personal income tax is divided into 7 levels based on taxable income. Among them, level 7 is the highest, with the amount of tax payable equal to income x 35% - 9.85 million VND. Accordingly, with the above income, Khoa Pug will be taxed at level 7.

Assuming he does not pay social insurance, health insurance, unemployment insurance and does not declare his dependents, Khoa Pug will receive a reduction of 11 million VND for his personal deduction.

At that time, Pug Faculty's taxable income = 730,000,000,000 - 11,000,000 = 729,989,000,000 VND.

And the personal income tax that Khoa Pug must pay = 729,989,000,000 x 35% - 9,850,000 = 255,486,300,000 VND.

Khoa Pug spent 5 billion VND to pull the leg, is it a right or wrong decision? Hoàng Phúc09:03:11 29/06/2022Recently, Khoa Pug is the name that has received the attention of many netizens when he suddenly announced his leg lengthening to 1m8. It is noteworthy that a few months ago, Khoa Pug once stated that he would not continue to be a YouTuber. However, after only 2 months of...