Experts propose tax on gold trading to curb market volatility


Gold has significantly outperformed other investment options since the start of the year in terms of returns. — VNA/VNS

HANOI: Experts have recommended implementing a tax on gold transactions to help curb the demand from certain investor groups, particularly those engaging in speculative activities and price manipulation.

Currently, other investment areas like securities and real estate are subject to personal income tax, but gold transactions remain untaxed.

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