Henry, an expatriate staff, employed by Toyota Vietnam Limited in Vietnam from 1 Jan 2014.
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1/ Mr. Henry, an expatriate staff, employed by Toyota Vietnam Limited in Vietnam from 1 Jan 2014. The company

paid him a monthly gross salary of USD 2,000 and paid him a housing allowance in cash of USD 1,000/month.

He was entitled on a sign-on bonus of USD 10,000 upon employment but because the company could not sold any cars during the year, such bonus was delayed and paid on 31 Dec 2014.

For 2014, he also received an annual bonus of USD 2,200, paid on 15 Jan 2015.

In 2014, he is a resident of Vietnam, and did not earn any income overseas.

Exchange rate: US$/VND = 21,000

Required:

a.    Calculate the normal provisional monthly PIT payable by Mr. Henry in 2014.

b.    Calculate the annual tax liabilities of Mr. Henry for 2014 and the addition PIT to be paid after finalization. Assume that the Company has paid his provisional tax on time.

c.    State the tax declaration and payment obligations of Mr. Henry and Toyota with respect to his employment income.


2/

a/ Fred, a Singapore citizen, have been working as a specialist for a branch of a foreign company in Vietnam since 2011. In 2014, Fred has the following income: total income from salary was $40,000 at the branch in Vietnam (after deducting the compulsory insurance); $50,000 in the parent company abroad ($5,000 personal income tax has been paid in Singapore); $2,000 round-trip flight to Singapore. In addition, Fred stayed at a house rent by the branch with a total cost of $ 12,000. He contributed to the SOS village orphans $5,000. Fred has 2 children under 15 years old and a working-age housewife. Compute PIT of Fred for the year 2014.

b/ Ms. Jenny is an Australian expert working for the Rapid Notify Corporation in Australia. In the year 2012, she worked for an invitation of the corporation's subsidiary in Vietnam from May 4th to Jul 25th. Ms. Jenny's income received in the year 2014 included $30,000 paid by the subsidiary for the work in Vietnam (exclude for compulsory insurance) $2,000 one way ticket flight to Australia. Ms. Jenny was also supported by the subsidiary with house rental at $9,000 under a 90 days rent contract (not registered for residential location), $2,000 travel allowance. Ms. Jenny is a widowed raising three children under 18 years old. Compute personal income tax payable of Ms. Jenny in Vietnam for the year 2014. Assume that the foreign exchange rate is 21,000 VND /USD 

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