Change of location for personal income tax settlement

QNgTV - Decree No. 373/2025/ND-CP amends and supplements point b.2, clause 8, Article 11 of Decree 126/2020/ND-CP, stipulating the location for submitting tax finalization declarations for resident individuals with income from salaries and wages subject to withholding tax from two or more sources.

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According to Decree No. 373/2025 amending Decree 126/2020 of the Government detailing the Law on Tax Administration, effective from February 14, 2026, the personal income tax settlement for individuals with income from salaries and wages from two or more sources will be adjusted.

Specifically, resident individuals whose income is subject to withholding tax from two or more sources will submit their tax return to the tax authority directly managing the organization that paid the largest income during the year. If multiple sources of income are equally substantial, the taxpayer may choose one of the tax authorities managing those organizations to file their tax return.

Notably, the new decree adds a mechanism to support taxpayers: if an individual submits their tax return to the wrong place, the tax authority that received the return will proactively forward it to the correct competent tax authority based on the tax industry's database, instead of requiring the individual to repeat the procedure.

Source: https://quangngaitv.vn/thay-doi-noi-quyet-toan-thue-thu-nhap-ca-nhan-6514381.html