Tax Alert Jul 2019 has been updated many new regulations, details are as follows:

·         Official Letter No.2355/TCT-DNNCN dated 10 June 2019 of the General Department of Taxation on the obligation to deduct PIT of the Company when paying in case hiring business individuals as employees;

·         Official Letter No.47391/CT-TTHT dated 19 June 2019 of Hanoi City Tax Department on PIT for job-loss allowance;

·         Official Letter No.52637/CT-TTHT dated 03 July 2019 of Hanoi City Tax Department on CIT incentives for expansion investment projects;

·         Official Letter No.58604/CT-TTHT dated 25 July 2019 of Hanoi City Tax Department on VAT policy for services provided to foreign enterprises;

·         Official Letter No.1590/TCT-DNNCN dated 22 April 2019 of the General Department of Taxation on tax policy for salary of the owner of one-member limited liability companies;

·         Official Letter No.55952/CT-TTHT dated 17 July 2019 of Hanoi City Tax Department on tax policy when contributing assets attached to the leased land as capital to establish an enterprise.

Download tax alert here:

In English: Tax alert July 2019

In Vietnamese: Tax alert July 2019