The Law on Personal Income Tax No. 109/2025/QH15 officially takes effect on July 1, 2026, introducing several notable updates. Alongside traditional income sources, the Law has added various types of income generated from the digital economy and emerging markets into the scope of personal income tax (PIT).
Table of Contents
Expanding the Scope of Taxable Income
Under the provisions of the Law, taxable income is categorized into 10 groups. In addition to familiar income streams from salaries and wages, business activities, capital investment, capital transfer, real estate transfer, prizes, royalties, commercial franchises, inheritances, and gifts, the Law includes many new types of transactions to match economic developments.
Notably, business activities conducted through e-commerce and digital platforms continue to be designated as taxable income sources under the regulations.
Transfer of Gold Bars Subject to Taxation
One of the key updates in the Law on Personal Income Tax is the inclusion of income from the transfer of gold bars into the taxable income category.
However, the application to this type of transaction will be detailed by the Government through guiding documents, including tax thresholds, implementation timelines, and tax rates aligned with the gold market management policies in each period.
Inclusion of Diverse New Assets
Beyond gold bars, the Law expands its scope to cover several new types of assets and transactions, including:
- Transfer of digital assets.
- Transfer of the Vietnamese national internet domain name ".vn".
- Transfer of greenhouse gas emission reduction results.
- Transfer of carbon credits.
- Transfer of auctioned license plates.
The addition of these income types aims to refine tax policies in response to the growing emergence of new asset forms and transaction types.
Income Streams Remaining Taxable
The Law continues to maintain PIT regulations on previously taxed income sources, such as:
- Income from business activities.
- Salaries, wages, and income items of a salary-like nature.
- Income from capital investment.
- Capital and securities transfer.
- Real estate transfer.
- Prizes.
- Royalties and commercial franchises.
- Inheritances and gifts consisting of taxable assets.
Meanwhile, certain allowances and subsidies prescribed by law—such as social insurance benefits, severance pay, job loss allowances, preferential allowances for people with meritorious services, national defense and security allowances, and certain other support payouts—remain excluded from taxable income.
Note
The addition of new income types to the taxable category reflects the trend of optimizing tax policy to adapt to the development of the digital economy and emerging markets. Citizens and investors should monitor the Government's guiding documents to clearly understand the application conditions, tax thresholds, and declaration procedures for each type of transaction.
References: Law on Personal Income Tax No. 109/2025/QH15 and relevant policy analysis articles.