Guidance on house rental included in PIT taxable income

On August 07, 2015, the General Department of Taxation issued Officical Letter No. 3171/TCT-TNCN guiding on house rental included in PIT taxable income. Accordingly, in case, individuals are Japanese and resident in Viet Nam, assigned by Japanese parent company to work in its subsidiary in Vietnam; individuals only work in Vietnam and received income from parent company and its subsidiary, the subsidiary pays for their house rental, the actually paid house rental shall be included in PIT taxable income must not exceed 15% of the total taxable incomes (excluding the house rents) at the parent company and the subsidiary company.).