25 August 2021
On 05 August 2021, the Tax Department of Bac Giang Province issued Official Letter No. 3550/CTBGI-TTHT to guide on applying PIT to the Covid-19 testing expenses. The content is as follows:
Regarding the case when employers pay the Covid-19 testing expenses for employees:
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If the expense contents specify the beneficiary's name, this payment shall be included in the PIT taxable income.
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If the expense contents do not specify the beneficiary's name and such expenses are for a group of employees, this payment shall not be included in the PIT taxable income.
For further information, please contact:
Minh Ngo Nhat, Managing Partner, BLawyers
minh.ngo@blawyersvn.com
