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Update news tax
“It cannot be called ‘saving’ when people stay up all night and queue from 3 am to buy gold bars,” said National Assembly Deputy Trinh Xuan An, who supports a proposal on taxing income from gold trading.
Gold rings are currently classified as gold jewelry, so are they subject to tax? Are people buying and selling wedding gold taxable? These issues need thorough research.
Experts believe the proposed 20 percent tax on securities transfer profits is too high for Vietnam’s stock market in its current stage.
Experts support a proposal to impose a 20 percent tax on the margin between purchase and sale prices of real estate per transaction, as well as a tax based on the holding period, deeming it fair, reasonable, and a deterrent to speculation.