Derivatives trading: Individual investors must pay 0.1% tax

Individual investors that participate in derivatives trading market have to pay a 0.1 per cent income tax for derivatives trading transactions.

The tax is imposed on the trading prices of derivatives transactions, which could be sell and buy orders and expiry of the futures contracts.

A similar tax rate has also been imposed on foreign institutional investors, while domestic institutional investors have to pay tax in accordance with Viet Nam’s corporate income tax regulations.

The tax rate is regulated under Document 11133/BTC-CST, issued by the Ministryof Finance on August 21, on taxing investors’ income from trading derivatives futures contracts.

Taxation on investors’ income from derivatives trading transactions began on August 10, the day the derivatives market begins operation.

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