Official letter 303/CTHPH-TTHT on PIT policy
In case the Company registers to declare and pay tax at the Tax Department of Binh Duong Province, the Company directly signs the labor contract, withholds and pays PIT from the wages and salaries of employees working at Hai Phong Branch. and stores under Hai Phong, the Company handles as follows:
– If Hai Phong Branch pays income to employees in Hai Phong, Hai Phong Branch is responsible for declaring, withholding and submitting PIT declaration dossier to Hai Phong City Tax Department with branch tax code.
– If the Company pays income to employees in Hai Phong, for tax periods starting from January 1, 2022 onward, the Company will withhold and declare PIT on income from the first payment. salary and wages according to form No. 05/KK-TNCN, Appendix table determining the amount of PIT payable to localities entitled to collect according to form No. 05-1/PBT-KK-TNCN (issued together with Appendix II) Circular No. 80/2021/TT-BTC) to the Tax Department of Binh Duong province with the Company's tax code; at the same time, pay PIT amount on income from salary and wages into the state budget to Hai Phong City Tax Department specified in Clause 4, Article 12 and Point a.1 Clause 3 Article 19 of Circular No. 80/2021 /TT-BTC dated September 29, 2021 of the Ministry of Finance.
