Japanese tax authorities providing taxation data to Vietnamese General Department of Taxation

24/04/2016 Newest VBP

According to the information we have known, Vietnamese General Department of Taxation contacted the Japanese tax authorities and got earning information in Japan of Japanese individuals residing in Vietnam.

In accordance with Official Letter No. 1172/TCT-HTQT issued on March 21, 2016, General Department of Taxation assigned the Hanoi Tax Department and local tax authorities requiring above mentioned individuals to explain and provide the supporting documents for the 2014 tax paid in Japan.

Enterprises should re-examine the declarations for personal income tax of Japanese individuals currently working for enterprises and prepare the supporting documents.

To avoid tax arrears and tax violations, income received abroad should be calculated accurately and adequately.

For the Official Letter No.1172/TCT-HTQT in details, click the link:

http://law.vbp.vn/newsletter/2016/Newsletter_2016Apr_CV.1172.TCT-HTQT.pdf