Aliya Vaisova, Senior Manager of MinTax LLP, in her article tells about applying a deduction in the amount of one minimum wage (hereinafter – MW) to the income of employees who are citizens of foreign countries, when assessing the liabilities for PIT[1] withheld at the source of payment in the RoK[2].

In connection with frequently asked questions regarding the lawfulness of a taxpayer’s applying a deduction at the rate of one MW to the income of employees who are citizens of foreign states when assessing liabilities for PIT at the source of payment in the RoK, we will consider the relevant norms of the Tax Code[3] and the provisions of the Treaty concluded between the Government of the RoK read more