Video: Draft law on personal income tax raises tax threshold, adds new income types
The Ministry of Finance has submitted a draft personal income tax law with key changes. The tax threshold for income from prizes, copyrights, business transfers, inheritance, and gifts rise from 10 million to 20 million VND.
The documents of the 14th National Party Congress identify the development of the private sector as one of the most important growth drivers — a continuation that builds on and reaffirms the Party’s view set out in Politburo Resolution No. 68-NQ/TW dated May 4, 2025, on private-sector development.