What documents are included in a personal income tax reduction application in Vietnam?

Pursuant to the provisions of the Law on Personal Income Tax 2007 and related guiding regulations, Taxpayers who face difficulties caused by natural disasters, fires, accidents or severe diseases and affecting their tax payment ability may be considered for tax reduction corresponding to the extent of damage they suffer from but not exceeding payable tax amounts.

Pursuant to the provisions of Article 52 and Article 54 of Circular 80/2021/TT-BTC, reduction of tax payable by individuals, household businesses and individual businesses facing difficulties due to natural disasters, conflagrations, accidents, fatal diseases that affect their ability to pay tax;. Documents for personal income tax reduction in the following specific cases:

Application of taxpayer facing difficulties due to a natural disaster or conflagration in Vietnam

- The application form No. 01/MGTH in Appendix I of Circular 80/2021/TT-BTC;

- The damage assessment record issued by a competent authority and confirmed by the authority of the commune where the natural disaster or conflagration occurred according to Form No. 02/MGTH in Appendix I of Circular 80/2021/TT-BTC. Damage shall be assessed by a finance authority or an authority specialized in property damage assessment.

- In case of damage to goods, the taxpayer shall provide the damage assessment record issued by an assessing authority, which is legally responsible for its accuracy as prescribed by law;

- In case of damage to soil or crops, the finance authority shall assess the damage;

- Documents about provision of indemnity by the insurer or compensation agreement with the person that caused the conflagration (if any);

- Documents on payments for the costs of the conflagration or disaster recovery;

- The PIT finalization form No. 02/QTT-TNCN in Appendix II of Circular 80/2021/TT-BTC (if the taxpayer applies for reduction of PIT on salary or remunerations).

What documents are included in a personal income tax reduction application in Vietnam? (Internet image)

Application of taxpayer facing difficulties due to an accident in Vietnam

- The application form No. 01/MGTH in Appendix I of Circular 80/2021/TT-BTC;

- A document confirming the accident issued by a police authority, or a document confirming the taxpayer's injuries issued a health authority;

- Documents about provision of indemnity by the insurer or compensation agreement with the person that caused the conflagration (if any);

- Documents on payments for the costs of the accident;

- The PIT finalization form No. 02/QTT-TNCN in Appendix II of Circular 80/2021/TT-BTC (if the taxpayer applies for reduction of PIT on salary or remunerations).

Application of taxpayer having a fatal disease in Vietnam

- The application form No. 01/MGTH in Appendix I of Circular 80/2021/TT-BTC;

- Copies of the medical record or medial record summary or health record as prescribed by regulations of law on medical examination and treatment;

- Documents proving the cost of medical examination and treatment issued by health authorities; or invoices for purchase of medicines and the doctors' prescriptions;

- The PIT finalization form No. 02/QTT-TNCN in Appendix II of Circular 80/2021/TT-BTC (if the taxpayer applies for reduction of PIT on salary or remunerations).

Mai Thanh Loi

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