Official letter no. 4534/TCT-TNCN by gdt issued on 19 december 2012 on pit exemption for income from capital transfer in 2009
Individuals who have income from capital transfer are obliged to declare PIT along with performing the procedures for the transfer of ownership of transferred capital for other organizations, individuals as prescribed by the law. Authorities or enterprises which have transferred capital are only allowed to transfer the ownership of capital for individuals in case of having the PIT payment vouches. If individuals have incomes from the transfer of capital in 2009 and paid no later than 30 June 2010, these incomes are incomes exempt from PIT. If paid after the deadline mentioned above, these incomes will not be exempt from PIT.
