Tax income from gold buying and selling to limit speculation

The Government requires the revised Personal Income Tax Law to clearly stipulate that income from gold trading is subject to tax to increase transparency and limit speculation.

There will be clear regulations on income from gold trading activities subject to tax.

The Government has just issued Resolution 278/NQ-CP dated September 13, 2025, the thematic meeting on law making in September 2025 (First session).

At this meeting, the Government discussed and gave opinions on nine important draft laws in key areas of political , economic, social, security, defense and foreign affairs life.

In particular, with the draft Law on Personal Income Tax (amended), the Government agrees on the necessity of developing a draft law to continue institutionalizing the Party's guidelines and policies, the State's policies and laws on perfecting the tax policy system in general and the personal income tax policy in particular.

Timely develop draft laws based on closely following the contents of policies approved by the Government in Resolution No. 191/NQ-CP dated June 26, 2025.

The Ministry of Finance shall preside over and coordinate with relevant ministries and agencies to study and fully absorb the opinions of Government members and the conclusions of the Prime Minister, and complete the draft law to ensure the following requirements:

- Continue to review the provisions of the draft Law to ensure consistency with the provisions of the Constitution and relevant legal provisions (Land Law, Securities Law, Social Insurance Law and laws on high technology...).

At the same time, meet the requirements to improve tax management, collect correctly, fully and promptly, while ensuring equal treatment among taxpayers.

- Review and add income (severance pay, allowances, subsidies, living expenses paid by Vietnamese agencies abroad...) to the tax-exempt list.

- Complete the regulations on progressive tax schedule according to option 2 as reported by the Ministry of Finance in Submission No. 570/TTr-BTC dated September 7, 2025.

- Carefully assess the impact of the provisions on personal income tax on business income to avoid causing major disruption to people's business activities.

At the same time, effectively implement the policy of eliminating tax collection for business households and individual businesses according to Resolution No. 68-NQ/TW dated May 4, 2025 of the Politburo on private economic development, Resolution No. 198/2025/QH15 dated May 17, 2025 of the National Assembly on a number of special mechanisms and policies for private economic development.

- Clearly define income from gold trading activities as taxable to increase market transparency and limit gold speculation. Assign the Ministry of Finance to coordinate with the State Bank to unify this content in the draft law...

The Ministry of Finance shall preside over and coordinate with relevant ministries and agencies to urgently complete the draft law dossier in accordance with the provisions of the Law on Promulgation of Legal Documents.

The Minister of Finance is authorized by the Prime Minister to sign, on behalf of the Government, the Submission to the National Assembly for consideration, comments and approval of this draft law at the 10th Session of the 15th National Assembly (October 2025).

vov.vn

Source: https://baolaocai.vn/danh-thue-thu-nhap-tu-mua-ban-vang-de-han-che-dau-co-post882168.html