In case a company in Vietnam pays house rent on behalf of a foreign worker, it shall withhold and pay PIT on behalf of the foreign worker.
The amount of tax to be withheld is the whole house rent paid on behalf. However, if this amount exceeds 15% the total income earned in Vietnam, it shall be limited at 15%.
The PIT rate shall be 20% if the foreign worker is a non-resident.
In case the company fails to withhold tax, it shall make immediately adjustments to the declaration form and additionally pay the tax together with the late payment interests.
|Published||Vietlaw's Newsletter No. 472|