OFFICIAL LETTER NO. 4723/TCT-CS DATED 27 OCTOBER 2014 OF GDT IN GUIDANCE OF DEPRECIATION FOR APARTMENT THAT FOREIGN EXPERTS STAY IN
According to official letter No. 4723/TCT-CS:
In case, enterprises buy apartment for foreign experts staying in, if in the labor contracts signing with foreign experts stipulate that enterprises pay salary (excluding house rental) and responsible for accommodation for experts during time of working in Vietnam, the apartment is allowed to be depreciated and included in deductible expense when determining CIT. The determination of PIT taxable income for experts are complied with Law on PIT and other related regulations.
