OFFICIAL LETTER NO. 2465/TCT-TNCN DATED 30 JUNE 2014 OF GDT UIN GUIDANCE OF PIT WITHHOLDING WHEN PAYING INCOME TO BUSINESS INDIVIDUALS
According to official letter No. 2465/TCT-TNCN:
In case, enterprises paying bonus to individuals who achieve a required sale level, sale support, interest due to late payments of contracts to individuals, enterprises must withhold PIT with rate of 10% (or 20% for the individuals who do not have tax codes if arising before July 2013) and issue a PIT withholding Certificate if required
