Tag: Personal income tax
0.1% tax on transfer of crypto assets: MoF's circular
Individual investors trading crypto assets in Vietnam will face a 0.1% personal income tax on each transfer under new regulations issued by the Ministry of Finance, marking a significant step in formalising the fast-growing digital asset market.
New laws expected to enhance efficiency in national resource management
The Presidential Office on January 6 held a press conference to announce the State President’s orders promulgating 12 laws passed at the 10th session of the 15th National Assembly.
Millions set to benefit from personal income tax reduction from 2026
In just a few days, millions of Vietnamese taxpayers will begin to enjoy reduced financial pressure as new personal income tax (PIT) regulations, featuring higher deductions and a revised progressive tax bracket, take effect from January 1, 2026.
Ministry proposes increasing tax-free revenue threshold for household businesses
The Ministry of Finance has proposed raising the annual revenue threshold for exemption of personal income tax for household businesses from VND100 million (US$3,790) currently to VND 500 million.
Comprehensive tax reforms expected to benefit citizens and enteprises
VOV.VN - The draft Law on Tax Administration (amended) and the draft Law on Personal Income Tax (amended), submitted to the National Assembly on November 4, are seen as a turning point in fiscal policy reform and the modernization of Vietnam’s tax system.
NA to focus on legislative work during third week of 10th session
Lawmakers will concentrate on legislative activities during the third working week of the 15th National Assembly (NA)'s 10th session from November 3 to 7.
NA Standing Committee approves personal income tax deduction adjustments
The National Assembly (NA) Standing Committee on October 17 adopted a resolution to adjust the personal income tax (PIT) deduction rates, applicable from the 2026 tax period, with final settlement in the first quarter of 2027.
VietinBank announces 2024 cash dividend payment
VOV.VN - The Board of Directors of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has announced the schedule and details for its 2024 cash dividend payment.
Higher family tax deductions proposed in new Personal Income Tax law
VOV.VN - The Ministry of Finance (MoF) is drafting a new Personal Income Tax Law, which includes a proposal to increase family tax deductions, for submission to the National Assembly in its year-end session.
Personal income tax adjustment needed to encourage labour, ensure fairness
VOV.VN - The current personal income tax deductions and progressive tax brackets are increasingly outdated amid rising living costs, increasing minimum wages, and fluctuating real incomes, all of which requires tax policy reforms to ensure fairness and encourage labour participation.