Taxable scope
2. Scope of taxable personal income
– Resident individuals: Taxed on their worldwide income, regardless of the source of payment. – Resident individuals from countries with a double taxation avoidance agreement: Taxed only from the first month of entry to the month of contract termination and departure from Vietnam, without the need for consular confirmation procedures. – Non-resident individuals: Taxed only […]
Overview of Personal Income Tax (PIT) in Vietnam
Overview of Personal Income Tax (PIT) in Vietnam Personal income tax (PIT) in Vietnam applies not only to Vietnamese workers but also affects foreigners (including Japanese) working in Vietnam, expatriates dispatched to Vietnam (including from Japan), employees recruited in Vietnam, and even short-term business trips. Therefore, understanding the tax system is crucial for both businesses […]