Guidance on personal income tax reduction for individuals with severe diseases

11/12/2019 News VBP

On October 21, 2019, General Department of Taxation issued Official Letter No.4245/TCT-DNNCN. Whereby: If the taxpayer suffers from cancer and thus must use drugs prescribed by doctor, actual expenses incurred in the tax calculation year for medical examination and treatment, purchase and use of drugs (with valid invoices and documents) according to doctor’s prescriptions shall be recorded for personal income tax reduction corresponding to damage level but not exceeding the total tax payable.