According to the provisions of the Personal Income Tax Law 2025, effective July 1, 2026, income from the transfer of gold bars will be subject to a personal income tax at a rate of 0.1%. This law, passed by the 15th National Assembly during its 10th session in December 2025, introduces several new regulations regarding taxable and non-taxable income.

Notably, Article 3 of the Personal Income Tax Law 2025 specifies that income from the transfer of gold bars is taxable. The government will determine the threshold value of gold bars that are taxable, the timing of tax application, and adjustments to the personal income tax rate on gold transactions in accordance with the gold market management roadmap.

In addition to income from gold transactions, a range of other income sources will also be taxable starting from this date. These include income from agency activities, brokerage, business cooperation with organizations, e-commerce activities, and the transfer of various assets such as domain names, carbon credits, and auctioned vehicle registration plates.

The introduction of this tax aims to regulate the gold market more effectively and ensure that all income sources are accounted for in the taxation system. This move is expected to impact both individual investors and the broader economic landscape in Vietnam.

As the implementation date approaches, individuals and businesses involved in gold trading should prepare for the new tax obligations to ensure compliance with the law.