On September 08th, 2021, Hanoi Tax Department issued Official Letter No. 34268/CTHN-TTHT, thereby:
If the Company use gifts in kind for its employees which is not one of the income from gifting as regulated in Clause 10 Article 2 Circular No. 111/2013/TT-BTC issued by the Ministry of Finance on August 15th, 2013 (including securities, capital, real estate, other property that is not required to register the ownership, right to use with the state agency), these gifts shall not be subjected to PIT declaration and payment.
