$BTC OFFICIAL: Vietnam Imposes 0.1% Tax When Transferring BTC, ETH, and Digital Assets From 1/7/2026! 🚨
The National Assembly has passed the amended Personal Income Tax Law on 10/12, and from 1/7/2026, all transactions transferring digital assets (such as BTC, ETH, tokens…) will be subject to a 0.1% personal income tax.
This provision is based on the definition of "Digital assets" that has been codified in the Digital Technology Industry Law — an important step towards officially recognizing and managing the crypto market in Vietnam.
How does the tax mechanism work?
🔹 Fixed tax rate of 0.1%, calculated based on the selling transaction value, not based on profit/loss.
Example: Selling 100 million VND of digital assets → Tax payable is 100,000 VND (100 million × 0.1%).
🔹 Automatic withholding at source by exchanges or service providers — similar to the tax mechanism in the stock market.
This move marks a significant turning point:
Vietnam is preparing to legalize, standardize, and manage the digital asset market towards safety – transparency – and ease of supervision.
The big question is:
Will the 0.1% tax promote sustainable development… or add pressure on small investors?
Let’s wait to see the market's reaction in the coming time! 🔥👀
#VietnamCrypto #CryptoRegulation #DigitalAssets
