The point to note when determining 15% of total income subject to PIT for foreigners

The point to note when determining 15% of total income subject to PIT for foreigners

Personal income tax is a direct tax on the income of each individual in society for a certain period of time (usually a year). Personal income tax is a tax of great importance in raising revenues for the budget and implementing social justice. Personal income tax is levied on both business individuals and non-business individuals. This tax is usually considered a special tax because it takes into account the circumstances of income-paying individuals through the determination of tax exemption, reduction or special exemption.

However, from the practice, the current management and declaration of personal income tax still has some limitations and objective inadequacies.

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