VietlawOnline

blue-check Issues relating to land rent reduction under Decision No. 27/2021/QD-TTg

Official letter No. 91/TCT-CS dated January 11th, 2022 of the General Department of Taxation regarding land rent reduction under Decision No. 27/2021/QD-TTg
Posted: 18/4/2022 10:20:27 AM | Latest updated: 20/4/2022 8:32:22 AM (GMT+7) | LuatVietnam: 5433 | Vietlaw: 558
VietlawOnline

According to opinions of the General Department of Taxation, for the case of transfer of leased land or change of enterprise’s name but land – related legal procedures have not yet carried out, the new enterprise has yet to obtain land lease contract or decision, it is not eligible for 30% of reduction in land rent in 2021 according to Decision No. 27/2021/QD-TTg .

In addition, with regard to the case of transformation of land lease form from annual land rent payment into lump-sum land rent payment, from the date on which the decision on allowing the transformation of land lease form takes effect, the enterprise is no longer eligible for land rent reduction for 2021 according to Decision No. 27/2021/QD-TTg

In 2022, the Government intends to further offer the 30% of reduction in land rents until December 31st, 2022. According to a draft document announced at Official letter No. 3028/BTC-QLCS, entities eligible for the reduction shall be also determined as in 2021. Accordingly, they must have decision on directly leasing land from the state and pay annual land rent. However, the Ministry of Finance is considering additionally imposing the condition “suspension of production for at least 15 days” that was applied in 2020.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article

Related documents

Penalty document

Unknown

Information

Effective Date Unknown
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 558

Files attachment

enflag pdficon CV91-11012022TCT[VLO].pdf

Flow

No data

Timeline

No data

Tax of Land

blue-check Regarding land rent exemption given to land used for construction of technical infrastructure for common use in an industrial park
blue-check Issues relating reduction in land rents payable in 2021
blue-check Regarding land rent reduction upon receiving land lease right
blue-check Issues relating to land rent reduction under Decision No. 27/2021/QD-TTg
blue-check Issues relating to a reduction of 30% in land rents payable in 2021 due to impact of Covid-19
blue-check Regarding non-agricultural land use tax policy
blue-check Regarding land rent reduction under Decision No. 27/2021/QD-TTg
blue-check Regarding land rent exemption, reduction given to labor-intensive projects
blue-check Land rents payable in 2021 of enterprises affected by Covid-19 shall be reduced by 30%
blue-check Issues relating to land rent reduction due to Covid-19’s effects
blue-check Percentages used for land rental calculation in Hi-tech parks in Ho Chi Minh city applicable from 2020
blue-check Some issues relating to reduction in land rent payable in 2020
blue-check Conditions for deferring the payment of land rents due to Covid-19 pandemic’s impact
blue-check Reduction of 15% of land rents payable in 2020
blue-check Regarding land rent exemption during the fundamental construction period
blue-check Land use levy shall be wholly exempt until the end of 2025
blue-check The policy on exemption from agricultural land use tax shall be extended until 2025
blue-check Regarding time to calculate land rental
blue-check Amendments to policy on grant of permission for deferred repayment of land levy
blue-check Projects in industrial complexes shall be exempt from land rents for 7 years