Our company has the lucky draw activity for the grand opening and will give the gold for the staff who wins. Do we need to file VAT for such?.
Panwa: When your company gives lucky gift (gold) to staff or to anyone, it is considered as sale of the lucky gift, so your company need to filing VAT for the cost of the gold.
Anyways, in case you need further assistance for tax matter, please note that we could assist for such click here.
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