Official Letter No. 1741/CCTKV.XVI-QLDN2 dated April 10, 2025, issued by the Regional Tax Sub-Department XVI regarding personal income tax (PIT) policy is as follows:

by KMC Consulting Company Limited

In the case where the Company provides severance allowances in accordance with the provisions of the Labor Code and the Law on Social Insurance, such allowances are not subject to personal income tax declaration and payment as stipulated at Point b.6, Clause 2, Article 2 of Circular No. 111/2013/TT-BTC of the Ministry of Finance, which governs income from salaries and wages.

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