|
PIT |
|
| CIT, PIT for payments to employees in Covid-19
(Official Letter 97748/CT-TTHT dated 10/11/2020 of Ha Noi Tax Department) |
“- In case the company in the Covid-19 outbreak incurs isolation costs for the General Director of one member limited liability company (not owned by an individual) who is a foreign expert who comes to work in Vietnam to perform the isolation in accordance with regulations. According to the law, if these expenses clearly state the name of the beneficiary, then PIT will be calculated
– The above-said expenses are direct welfare payments to employees in accordance with regulations and the total number of expenses of welfare nature does not exceed 1 month’s average salary made in the tax year of the enterprise. determined as deductible expenses when calculating CIT” |
