On 02 August 2024, the Hanoi Tax Department issued Official Letter No. 44496/CTHN-TTHT guiding PIT policies as follows:

In case an enterprise rewards shares to its employees, this income is determined as PIT taxable income from salaries and wages; PIT rates are applied according to the partial progressive schedule. Individuals who receive stock bonuses from employers are not required to pay taxes from salaries and wages. When an individual transfers bonus shares, he or she shall declare tax on income from stock transfer and income from salaries and wages.

Responsibilities for tax declaration and payment in case the enterprise is a company whose shares have been listed and traded on the Stock Exchange, individuals receive dividends in securities (securities not through the trading system on the Stock Exchange), the organization shall declare and pay tax on behalf as follows:  securities of public companies that have registered concentrated securities at the Securities Depository Center, the organization shall declare and pay tax on behalf of individuals receiving dividends in securities and individuals who are existing shareholders receiving bonuses in securities as prescribed at Point d, Clause 5, Article 7 Decree No. 126/2020/ND-CP dated 19 October 2020 of the Government shall comply file tax returns and pay taxes on behalf of individuals from 01 January 2023.