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Mr. Long, a resident under the Law on Personal income tax (PIT) Vietnam has the following data for the tax year 20XX: 1. Incomes

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Mr. Long, a resident under the Law on Personal income tax (PIT) " Vietnam has the following data for the tax year 20XX: 1. Incomes received from ITM Corporation as an engineer. - Salary before a deduction of compulsory insurance pren ns: VND 430 million. Compulsory insurance fee was deducted by ITM Corpor n: VND 30 million. - Performance bonus: VND 100 million - Occupational allowance as stipulated by Law: VND 50n in - Toxicity allowance: VND 40 million - House allowance: VND 60 million 2. Other incomes: - Won a prize on a TV show (Before income tax): VND 10 iillion - Dividends after deduction at source of income tax: VND million 3. Personal information: This man is married and has 2 childre a son and a daughter. His son is 20 years old. His daughter is 15 years old. Required: 2. With your supposition on the above information, calculate Mr. Long's PIT amount payable for the tax year 20XX under the Law on PIT of Vietnam. Mr. Long, a resident under the Law on Personal income tax (PIT) " Vietnam has the following data for the tax year 20XX: 1. Incomes received from ITM Corporation as an engineer. - Salary before a deduction of compulsory insurance pren ns: VND 430 million. Compulsory insurance fee was deducted by ITM Corpor n: VND 30 million. - Performance bonus: VND 100 million - Occupational allowance as stipulated by Law: VND 50n in - Toxicity allowance: VND 40 million - House allowance: VND 60 million 2. Other incomes: - Won a prize on a TV show (Before income tax): VND 10 iillion - Dividends after deduction at source of income tax: VND million 3. Personal information: This man is married and has 2 childre a son and a daughter. His son is 20 years old. His daughter is 15 years old. Required: 2. With your supposition on the above information, calculate Mr. Long's PIT amount payable for the tax year 20XX under the Law on PIT of Vietnam

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