According to the Law on Personal Income Tax No. 109/2025/QH15, which provides regulations on personal income tax (PIT) on income from capital transfers (Articles 13 and 23), the provisions are as follows:
PIT applicable to residents on income from capital transfers
- PIT on income from capital transfers of resident individuals is determined as taxable income multiplied by a tax rate of 20% for each transfer.In which, taxable income from capital transfer is determined as the transfer price minus (-) the purchase price and reasonable expenses related to generating income from the capital transfer.
In case the purchase price and related expenses cannot be determined, PIT is calculated as the transfer price multiplied by a tax rate of 2%.
- PIT on income from securities transfers is determined as the transfer price multiplied by a tax rate of 0.1% for each transfer.
- The time for determining taxable income from capital transfer is the time when the transaction is completed in accordance with the law.
PIT applicable to non-residents on income from capital transfers
- PIT on income from capital transfers of non-resident individuals is determined as taxable income multiplied by a tax rate of 20% for each occurrence, regardless of whether the transfer is carried out in Vietnam or overseas.In which, taxable income from capital transfer is determined as the transfer price minus (-) the purchase price and reasonable expenses related to generating income from the transfer of capital in organizations or individuals in Vietnam.
In case the purchase price and related expenses cannot be determined, PIT is calculated as the transfer price of the capital portion in organizations or individuals in Vietnam multiplied by a tax rate of 2%.
- PIT on income from securities transfers of non-resident individuals is determined as the transfer price multiplied by a tax rate of 0.1%.