Which taxes and fees related to land are calculated based on the land price list in Vietnam?

Which taxes and fees related to land are calculated based on the land price list in Vietnam?

Pursuant to Clause 1, Article 159 of the Land Law 2024, the taxes and fees related to land calculated based on the land price list include:

- Calculating land levy when the State recognizes the right to use homestead land of households and individuals; converting the land use purpose of households and individuals;

- Calculating land rent when the State leases land and collects annual land rent;

- Calculating land use tax;

- Calculating income tax from transferring land use rights for households and individuals;

- Calculating fees for the management and use of land;

- Calculating fines for administrative violations in the land sector;

- Calculating compensation payable to the State for causing damage in land management and use;

- Calculating land levy and land rent when the State recognizes land use rights in the form of allocating land with land levy collection, leasing land with one-time land rent payment for the entire lease period for households and individuals;

- Calculating the starting price for auctioning land use rights when the State allocates or leases land for a land parcel or land zone that has been technically infrastructure invested according to the detailed construction planning;

- Calculating land levy for the case of land allocation without auctioning land use rights to households and individuals;

- Calculating land levy for selling state-owned houses to tenants.

>> See more: land price list at Nguyen Hue - Type 1 Road - My Long Ward, Long Xuyen City, An Giang?

Which taxes and fees related to land are calculated based on the land price list in Vietnam? (Image from the Internet)

Is compilation of the land price list part of the state management of land in Vietnam?

Pursuant to Clause 8, Article 20 of the Land Law 2024, the following regulation is in place:

State management of land content

1. Enact and organize the implementation of legal documents on land management and use.

2. Propagate, disseminate, educate, train, conduct scientific research, develop technology, and engage in international cooperation in land management and use.

3. Determine administrative unit boundaries, establish and manage administrative unit boundary dossiers.

4. Survey, adjust, and create cadastral maps, current land use maps, land use planning maps, and specialized maps for land management and use.

5. Investigate, evaluate, protect, renovate, and restore land.

6. Establish, adjust, and manage land use planning and plans.

7. Allocate land, lease land, revoke land, recognize land use rights, requisition land, change land use purpose.

8. Investigate, construct the land price list, specific land prices, and manage land prices.

9. Financial management of land.

10. Compensate, support, and resettle when the State revokes or requisitions land.

...

Thus, compilation of the land price list is part of the state management of land responsibilities.

How to calculate the land use tax for non-agricultural land in Vietnam?

Pursuant to Article 6 of the Law on Non-Agricultural Land Use Tax 2010 (amended by Article 249 of the Land Law 2024) the method for determining land use tax for non-agricultural land is stipulated as follows:

Tax Value Calculation

1. The tax value for land is determined by multiplying the taxable land area by the price per square meter of land.

2. The taxable land area is regulated as follows:

a) The taxable land area is the actual land area in use.

When there are multiple residential parcels, the taxable land area is the total area of the taxable parcels.

If the State allocates or leases land to build industrial zones, the taxable land area excludes land used for shared infrastructure construction;

b) For multi-story residential buildings or condominiums, including those used both for living and business, the taxable land area is determined by the allocation coefficient multiplied by the housing area used by each organization, household, or individual.

The allocation coefficient is determined by dividing the construction area of multi-story residential buildings or condominiums by the total housing area used by organizations, households, or individuals.

If there are basements in multi-story residential buildings or condominiums, 50% of the basement area utilized by organizations, households, or individuals is added to the housing area used by these parties to calculate the allocation coefficient;

c) For underground constructions, an allocation coefficient of 0.5 of the construction area divided by the total construction area used by organizations, households, or individuals applies.

3. The price per square meter of land is according to the corresponding land price list and is stable for a 5-year cycle.

Thus, the land use tax for non-agricultural land is determined by multiplying the taxable land area by the price per square meter of land.