Decree No. 65/2013/ND-CP, detailing and guiding the implementation of the Law on Personal Income Tax (PIT)

1. Taxpayer Status

• Resident Individuals:
  Those present in Vietnam for 183 days or more within a calendar year, or having a regular place of residence (registered permanent residence or a rented home for at least 183 days).
  If an individual has a regular residence but cannot prove tax residency in another country, they are still considered a resident in Vietnam.

• Non-resident Individuals:
  Those who do not meet the above criteria.

2. Taxable Income Categories

Includes, but is not limited to:

• Income from wages and salaries

• Business income

• Capital investment

• Capital transfer

• Real estate transfer

• Prizes and winnings

• Royalties

• Franchising

• Inheritance and gifts

3. Tax Exemptions

14 groups of income are exempt, including:

• Real estate transfers between family members

• Interest from bank deposits

• Monthly retirement pensions paid from voluntary pension funds

4. Personal Deductions

• For the taxpayer: VND 9 million/month (VND 108 million/year)

• For each dependent: VND 3.6 million/month

• Other deductible expenses include donations to charities, humanitarian funds, education promotion, etc.

5. Tax Withholding and Filing

• Withholding: Payers of income must withhold PIT before making payments.

• Filing: PIT returns may be submitted monthly, quarterly, or on a per-occurrence basis depending on the income type.

• Finalization: Required for individuals with multiple sources of income or refund claims.

6. Tax Refunds

Refunds are allowed in the following cases:

• Overpayment of PIT

• Income falls under exemption categories

• Other cases under relevant regulations