Circular 160/2009/TT-BTC guiding personal income tax exemption for 2009 under Resolution 32/2009/QH12 of June 19, 2009 of the National Assembly

Ministry of Finance

Vietnam's central finance ministry: the state budget, taxation, customs, the state treasury, public debt, state reserves, and accounting and pricing policy. In the 2025 reorganisation it absorbed the former Ministry of Planning and Investment, adding national development planning, public investment and statistics.

Document Type	Document Number	Status	Date Effective	Issuing Body	Official Source URL
Circular	160/2009/TT-BTC	In effect	26/09/2009	Ministry of Finance	https://phapluat.gov.vn/legal-documents/83061

Summary

Circular 160/2009/TT-BTC, issued by the Ministry of Finance on 12 August 2009, guides the exemption of personal income tax for 2009 under National Assembly Resolution 32/2009/QH12 of 19 June 2009, implementing the Law on Personal Income Tax 04/2007/QH12. It sets out who is exempt, for which periods, and how to determine the income on which the exempted tax is calculated, all of which bear directly on personal income tax computation for that year. Two exemption windows apply. For the period 1 January 2009 to 31 December 2009, both resident and non-resident individuals are exempt on income from capital investment, capital transfer (including securities transfer), royalties and commercial franchising; from 1 January 2010 such income is taxed normally. For the…