Withdrawing crypto assets from a trading platform to a bank card does not incur additional taxes during the transfer process. This question is asked very frequently in the Vietnam community, but the answer is actually quite straightforward: no.

To understand why, we need to start from the tax logic of the Vietnam securities market. This system has been in operation for many years, and the tax treatment of crypto assets generally follows the same framework. The key is to understand one principle: the tax authorities levy taxes at the transaction stage; the flow of funds does not result in double taxation.

Specifically, in Vietnam’s operations, personal income tax is mainly collected at three points, all through withholding at source:

**Node 1**: When selling listed securities, regardless of profit or loss, the trader directly deducts a 0.1% transfer tax. This is a fixed rate, and it occurs immediately upon sale.

**Node 2**: When receiving cash dividends, the issuer will first deduct 5% personal income tax, and the remaining amount is transferred to the account. This tax has already been settled at the dividend distribution stage.

**Node 3**: If you receive stock dividends, no tax is levied at that time. However, when these stocks are sold later, transfer tax will be calculated and processed together.

The key point here is: by the time your funds are transferred from the trading account to your bank card, all applicable taxes have already been paid. The money in essence is net income after tax. The withdrawal is merely a transfer of the funds’ address, not a new taxable event. The tax authorities have no reason or mechanism to collect additional taxes at this stage.

Many people are worried because they confuse platform withdrawals with tax withholding. The former is an account operation, while the latter is a tax event. The two are independent.