On 8 September 2008, the Government issued Decree 100/ND-CP providing detailed guidance for articles of the PIT law (i.e. the Law 04/2007/QH12). The decree will be effective from 1 January 2009.
The new PIT decree is a significant legal document with a number of new taxable income items introduced, which will have wide ranging impact for all employers and employees in Vietnam.
Following our Technical Update on PIT law in November 2007, KPMG provides further analysis and comments on these new issues.
Please click here to download this latest KPMG Tax Alert