Official letter No. 33234/CTHN-TTHT
dated July 14th, 2022 of the Department of Taxation of Ha Noi city regarding personal income tax (PIT) on promotions in cash and PIT declaration period for salaries, wages
Posted: 28/7/2022 9:46:15 AM | Latest updated: 3/8/2022 3:41:27 PM (GMT+7)
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According to clause 10 Article 2 of Circular No. 111/2013/TT-BTC , in case a company holds a promotion program in cash for all kinds of customers without holding lucky draw, this promotion amount is not subject to PIT.
With regard to incomes from salary, wage, time of PIT withholding is determined according to the time (month) of actual payment regardless of salary of which month (clause 2 Article 8 of Circular No. 111/2013/TT-BTC ).
Ms Phuong Thao (VietlawOnline.com)
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