Official letter 5142/CCTKV.XV1-QLDN2 about tax policy for business trip costs:
In case the Company has a fixed expense for business trip expenses for employees to serve the Company's production and business activities, as stipulated in the Company's internal policy:
-
Personal income tax: the amount of cash business trip expenses for employees who actually go on business trips in accordance with the provisions of Point d.4, Clause 2, Article 2 of Circular 111/2013/TT-BTC is not included in the employee's taxable income.
-
Corporate income tax: If the lump sum expenses for business trips meet the conditions in Article 4 of Circular 96/2015/TT-BTC dated June 22, 2015 of the Ministry of Finance guiding corporate income tax, amending and supplementing Article 6 of Circular No. 78/2014/TT-BTC (amended and supplemented in Clause 2, Article 6 of Circular No. 119/2014/TT-BTC and Article 1 of Circular No. 151/2014/TT-BTC), they will be included in deductible expenses when calculating corporate income tax.
