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blue-check Regarding PIT on amount used for buying optional health insurance for employees

Official letter No. 77564/CT-TTHT dated August 21st, 2020 of the Department of Taxation of Ha Noi city regarding income liable to personal income tax (PIT) relating to health insurance
Posted: 4/9/2020 9:20:22 AM | Latest updated: 10/9/2020 7:53:16 AM (GMT+7) | LuatVietnam: 5041 | Vietlaw: 474

VietlawOnline

According to point dd.2 Clause 3 Article 11 of Circular No. 92/2015/TT-BTCstatus2 , in case a company additionally buys health insurance from a foreign insurance company for its employee, if the insurance product has no accrual of premiums, the amount used for buying the aforesaid insurance product shall be also exempt from PIT.

Ms Phuong Thao (VietlawOnline.com)
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PublishedVietlaw's Newsletter No. 474
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