On March 15, 2022, Binh Duong Tax Department issued Official Letter No. 3810/CTBDU-TTHT, accordingly:
In case the employee receives the compensation according to the provisions of Clause 3, Article 12 of Circular 92/2015/TT-BTC dated June 15, 2015, of the Ministry of Finance, the individual is not required to pay PIT.
In case, after terminating the labor contract, if the company pays additional financial support, allowances which are subject to PIT to the employees, the company shall withhold 10 % PIT for expenditures from VND 2,000,000 according to Point I, Clause 1, Article 25 of Circular No. 111/2013/TT-BTC.
