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In Vietnam, Personal Income Tax (PIT) declaration and payment is carried out on a withholding basis. Vietnam’s tax regulations encompass the concept of tax deduction at source, and legalize this by specifying that certain employers are designated entities for tax collection purposes. Such entities are required to withhold PIT from employees’ salaries.
On May 26, 2022, the Tax Department of Bac Ninh province issued Official Letter 1648/CTBNI-TTHT guiding the deduction of PIT.
In case the Company signs a probationary contract with a term of less than 3 months and these employees already have income paid by the organizations before, if the employees have all documents: income confirmation letter, certificate from tax deduction…proving that the expected total income tn the year after deduction of family circumstances has not yet reached the level of PIT payment and has a tax code, the employee can make a Commitment Form No.08/CK-TNCN as a basis not withholding persona income tax.