Vietnam Personal Income Tax Laws Foreigners Should Know

AS THE DEADLINE FOR DECLARING PERSONAL INCOME TAX (PIT) IS APPROACHING, WE ARE REVIEWING SOME TAX LAWS IN VIETNAM THAT FOREIGNERS WORKING AND EARNING IN VIETNAM SHOULD KNOW AND COMPLY.Law No. 71/2014/QH13 dated 26 November 2014 issued by Vietnam National Assembly amending five tax laws including Law on Personal Income Tax (“PIT”) and Law on Tax Administration provides with regulations on PIT finalization.Vietnamese Government further issued a number of regulations on tax declaration, payment and finalization, as follows:1. Decree No. 91/2014/ND-CP...

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