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Vietnam proposes 0.1% tax on crypto transfers, seeks public input

Vietnam proposes 0.1% tax on crypto transfers, seeks public input

Vietnam’s Ministry of Finance has released a draft circular outlining a proposed tax framework for digital assets and is inviting public feedback. The draft introduces a 0.1% tax through licensed platforms, marking a significant regulatory move in the country’s digital currency space.

The proposed regulation indicates that the transfer and trading of digital assets will not be subject to value-added tax (VAT). However, individual investors, regardless of their residency status,…

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