On February 5, 2024, the Hanoi Tax Department issued Official Letter No. 7443/CTHN-TTHT, stipulating that:
For companies providing Tet gift baskets, shopping vouchers, or any other gifts to employees, if the gifts have the nature of non-monetary benefits reimbursed by the employees in any form, they are considered taxable personal income and fall under Personal Income Tax (PIT) regulations. The company is required to implement PIT withholding in accordance with the provisions specified in Article 1 of Clause 25 of Circular 111/2013/TT-BTC.
