Official letter No. 5029/TCT-CS dated December 22nd, 2021 of the General Department of Taxation regarding land rent reduction under Decision No. 27/2021/QD-TTg

According to Decision No. 27/2021/QD-TTg, enterprises affected by Covid-19 shall be entitled to a reduction of 30% in land rent payable in 2021 if the enterprises are being leased land by the state and pay land rent on the annual basis.

However, the General Department of Taxation notes that with regard to enterprises that are entitled to the deduction of the amount paid for getting the transfer from the land rent payable according to clause 2 Article 5 of Circular No. 77/2014/TT-BTC , they are considered not incurring land rent payable in 2021, thereby they are not entitled to the reduction of 30% in land rent.