Personal Income Tax Rate applicable for resident tax payer in Vietnam.

0
686
PTI, taxation in vietnam
PTI, taxation in vietnam
Question: How to calculate the Personal Income Tax Rate applicable for resident tax payer in Vietnam?
 
Answer: SBLAW would like to brief the progressive Personal Income Tax Rate applicable for resident tax payer in Vietnam as follows:
 
Income (A)                                                                      PIT
 
Up to 5,000,000 VND                                                    5%
 
5,000,000VND<A<10,000,000VND                        10%
 
10,000,000VND<A<18,000,000VND                      15%
 
18,000,000VND<A<32,000,000VND                     20%
 
32,000,000VND<A<52,000,000VND                    25%
 
52,000,000VND<A<80,000,000VND                    30%
 
80,000,000VND<A                                                      35%
 
For example, if your income is 72,000,000VND, your personal income tax shall be 11,850,000VND.