Uni 12-08-2019 - PIT policy for oversea stock transfer

Official letter 1970/CT-DNNCN The General Department of Taxation on personal income tax policy for share transfer activities abroad is as follows:

In case a foreigner who is a resident in Vietnam generates income from the transfer of shares of a company in a foreign country, it is determined as an income from securities transfer. Therefore, individuals shall declare and pay tax at the tax rate of 0.1% on the transfer price and submit tax declaration dossiers to the Tax Department where they register their permanent or temporary residence.

In case Vietnam and your country have signed the Agreement on the avoidance of double taxation on personal income tax payment for income from transfer of shares, then the Agreement on avoidance of double taxation has been signed