OFFICIAL LETTER 1326/CT-HKDCN DATED 07/5/2019 OF THAI NGUYEN TAX DEPARTMENT ON PIT POLICY
Official letter 1326/CT-HKDCN dated 07/5/2019 of Thai Nguyen Tax Department regarding personal income tax policy as follows:
In case an individual who is a taxpayer has lost, when paying income to an heir, the Company must be responsible for withholding personal income tax according to regulations. In case of the settlement, if the individual has an overpaid tax amount, the heir shall be refunded. If the individual has a tax amount to be additionally paid, the heir shall have to pay such tax amount into the budget as prescribed.
