29 September 2021
The Tax Department of Thanh Hoa Province issued Official Letter No. 1457/CT-TTHT dated 24 March 2021 to guide the declaration and payment of tax support, bonus, and promotion for business individuals. The main content are as follows:
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The supports, bonuses, and promotions received by business organizations and individuals are incomes subject to VAT. Business organizations and individuals shall declare and pay tax according to the provisions of law.
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In case the organization pays the support, bonus, and promotion in cash or not in cash to individuals as household businesses and personal businesses pay tax by the presumption method, on behalf of them, this organization shall declare and pay tax according to the provisions of law.
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