OFFICIAL LETTER 2944/TCT-TNCN DATED 04 JULY 2017 OF GDT GUIDING PIT, CIT FOR HOUSING TO EMPLOYEES
According to official letter 2944/TCT-TNCN guiding PIT, CIT for housing, electricity, water and the accompanying services:
In case, the benefits of housing, electricity, water and the accompanying services (if any) for housing constructed by employers to provide free to employees working in industrial park, not included PIT taxable income.
To determine depreciation of fixed assets for apartments for foreign employees instructed in official letter 4723/TCT-CS dated 27 Oct 2014 as follows:
In case, the company buys apartments foreign employees, if stated in the contract signed with foreign experts stipulated, the company pays salary ( not including housing) and responsible for accommodation for foreign experts within time of working in Viet Nam, its depreciation is included deductible expenses when CIT is determined
