OFFICIAL LETTER NO. 453/CT-TTHT DATED 14, FEBRUARY 2020 ABOUT SUPPORTING TRAVEL EXPENSES ON HOLIDAY FOR THE LABORS
Official letter No 453/CT-TTHT dated 14, February 2020 about supporting travel expenses on holiday for the labors as follows:
In case the company supports expenses for traveling on holiday which are benefits, so it shall be included in deductible expenses when calculating taxable expenses for the business transactions that have enough invoices and documents in accordance with regulations and the total of benefits must not exceed average of salary in 01 month of the tax period. At the same time, the company will be deducted the value – added tax corresponding to the amount to be deducted when calculating the taxable expenses of CIT above if the company meets the deduction conditions for input VAT in accordance with regulations.
