OFFICIAL LETTER NO. 5424/CT-TTHT DATED OF SEPTEMBER, 01 2020 ON QUARANTINE EXPENDITURE IN COVID-19 PANDEMIC
Official Letter No. 5424/CT-TTHT dated of September, 01 2020 On quarantine expenditure in Covid-19 pandemic as follows:
In case the Company incurs a fee for renting a hotel for quarantine time due to Covid-19 pandemic for foreign workers working at the Company, this expense is a benefit: “support the affected workers entitled to the Covid-19 pandemic” shall be included in deductible expenses when determining taxable income if they meet the provisions of Clause 1, Article 4 of Circular No. 96/2015/TT-BTC dated of June, 22 2015 of the Ministry of Finance. And that expenditure is no more than 1 month of actual average salary in the tax period of the Company. Hotel expenditure shall be included in personal income tax under the provisions of Clause 2, Article 2 of Circular No. 111/2013/TT-BTC dated of August, 15 2013 of the Ministry of Finance.
