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Legal updates

The Department of Labor, Invalids, and Social Affairs of Ho Chi Minh City requests units operating within the city to submit reports on the employment of foreign workers as follows:

Official Letter No. 6368/TCT-DNNCN dated December 31, 2024, of the General Department of Taxation providing guidance on the place for submitting PIT refund applications

 

The General Department of Taxation has provided specific guidance on determining the place for submitting personal income tax refund applications in Official Letter No. 4172/TCT-DNNCN dated September 20, 2023, concerning the enhancement of personal income tax refund application processing.

 

Accordingly, in the case where Mr. A submits personal income tax finalization declarations for 2021 and 2022, and at that time, he is working at Company X (under the jurisdiction of the Dong Nai Provincial Tax Department) and the Company applies the dependent deduction for Mr. A, he shall submit his tax finalization declarations at the Dong Nai Provincial Tax Department.

 

Please refer to the attached file for detailed information.

 

Related News

24 Tháng 01, 2025
Monthly newsletter in December 2024

VINA BOOKKEEPING would like to send readers the MONTHLY NEWSLETTER IN DECEMBER 2024 (VIETNAMESE AND ENGLISH) Details of attachments are here

13 Tháng 01, 2025
Official Letter No. 99/TCT-CS dated January 8, 2025, of the General Department of Taxation providing guidance on payment documents for VAT refunds

The General Department of Taxation provides guidance as follows: In cases where the Tax Department has issued VAT refunds for exported goods and services without non-cash payment documents, the Tax Department must recover the refunded VAT amounts that lack non-cash payment documents in accordance with the provisions of the VAT Law and tax administration regulations.

23 Tháng 12, 2024
Official Dispatch No. 6019/TCT-CS dated December 17, 2024, of the General Department of Taxation, Guidance on the issuance of invoices and declaration of VAT for collection and payment on behalf of others

Principles: In cases where a business establishment incurs amounts collected and paid on behalf of others, which are not related to the sale of goods or provision of services by the business establishment, the establishment is not required to declare or pay tax as per applicable regulations.

 

According to the Company’s explanation: In cases where suppliers issue VAT invoices indicating the Company’s name and tax identification number, and the Company subsequently requests the Partner to reimburse these amounts, the Company must issue a VAT invoice to the Partner, applying the VAT rate as stipulated by law. The Company is responsible for declaring input and output VAT in accordance with the applicable laws on tax management.

20 Tháng 12, 2024
Law No. 56/2024/QH15 dated November 29, 2024, of the National Assembly, amending and supplementing the Law on Securities, the Law on Accounting, the Law on Independent Auditing, the Law on State Budget, the Law on Management and Use of Public Assets, the Law on Tax Administration, the Law on Personal Income Tax, the Law on National Reserves, and the Law on Handling Administrative Violations

Accountants have the right to independence in accounting expertise and operations; to retain professional opinions in writing when they differ from decision-makers; to report in writing to the chief accountant or the legal representative of the accounting entity upon detecting violations of financial or accounting laws. If required to execute such decisions, accountants may report to the direct superior of the decision-maker or the competent state authority and will not bear responsibility for the consequences of executing such decisions.

18 Tháng 12, 2024
Official Letter No. 5874/TCT-DNNCN dated December 12, 2024, issued by the General Department of Taxation, providing guidance on personal income tax (PIT) policies for foreign individuals visiting Vietnam for the first time

In principle, in cases where the taxpayer is a foreign worker (from countries or territories that have signed an Agreement with Vietnam to avoid double taxation and prevent tax evasion on income taxes) who arrived in Vietnam for the first time in February 2022 and meets the conditions to be considered a resident individual in Vietnam, when finalizing PIT for the year 2022, the individual is required to aggregate their global income from February 2022 to December 2022. Simultaneously, the deduction for family circumstances for the taxpayer will be calculated for the period from February 2022 to December 2022 (calculated on a monthly basis). The individual is responsible for completing their tax finalization with the relevant tax authorities.

17 Tháng 12, 2024
Official Letter No. 5725/TCT-QLN dated December 6, 2024, of the General Department of Taxation regarding the Management of Debts of Branches, Representative Offices, and Business Locations

Branches and representative offices are dependent units of enterprises, while business locations are specific places where enterprises carry out their business activities. In cases where taxpayers are enterprises under enforcement measures, individuals who are the legal representatives of these enterprises fall under the category for consideration of temporary suspension of exit, as prescribed in Article 66 of the Law on Tax Administration and Article 21 of Decree No. 126/2020/ND-CP.

17 Tháng 12, 2024
Official Letter No. 28950/SLĐTBXH-VL-ATLĐ dated November 18, 2024, issued by the Department of Labor, Invalids and Social Affairs of Ho Chi Minh City provides guidance on reporting the employment of foreign workers for the year 2024, to be submitted before January 5, 2025.

Pursuant to Decree No. 145/2020/NĐ-CP dated December 14, 2020, of the Government providing detailed regulations and guidance on the implementation of certain provisions of the Labor Code regarding labor conditions and labor relations (hereinafter referred to as Decree No. 145/2020/NĐ-CP):

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