On June 26th, 2019, Hanoi Department of Tax issued the Official Letter No.49849/CT-TTHT. Whereby:
If individuals who are not employees in the Company are given gifts by cash or in kind, these amounts are not subject to taxable income from gifts as stipulated in Clause 10, Article 2 , Circular No.111/2013/TT-BTC (gifts which do not have to register ownership or use rights with state agencies), it is not required to declare and pay PIT for this gift.
During the tax year, the Company has an internal sales policy with promotion prices for employees when buying products of the Company, this shall not be calculated as income from salary and wages. If the above benefits are not covered by the benefits specified in Item e, Clause 2, Article 2, Circular No. 111/2013 / TT-BTC, they shall not be subject to PIT.
