Deadlines for payment of land levy in Vietnam from August 1, 2024

Deadlines for payment of land levy in Vietnam from August 1, 2024 in Vietnam (Internet image)

Deadlines for payment of land levy in Vietnam from August 1, 2024

Clauses 4 and 5, Article 21 of Decree 103/2024/ND-CP stipulates the deadline for payment of land levy in Vietnam from August 1, 2024, as follows:

(1) The deadline for payment of land levy in cases of calculating land levy according to specific land prices or auction prices for land use rights in Vietnam:

(i) In cases where the State assigns land through the auction of land use rights, the deadline for paying the winning bid for land use rights shall comply with the regulations of the Government of Vietnam detailing the implementation of several articles of the Land Law 2024.

In case the winning bidder violates the obligation to pay the winning bid, leading to the decision to recognize the auction results being annulled, it shall follow the regulations of the Government of Vietnam detailing the implementation of several articles of the Land Law 2024, the law on asset auctions, and the law on tax management.

(ii) In cases of calculating land levy according to specific land prices but not under the circumstances where the State assigns land through auction as specified in (i), the deadline for payment of land levy shall follow the regulations of the law on tax management but shall not exceed 180 days from the date of the decision approving the land price for calculating land levy by the competent state authority.

If the deadline of 180 days from the date of the decision approving the land price for calculating land levy is exceeded without the land user paying the land levy in full, the land will not be assigned according to regulations (in cases where the State assigns land).

If the deadline for payment of land levy as notified by the tax authority is exceeded without the land user paying the land levy in full into the state budget, a late payment fee for the land levy must be paid according to the regulations of the law on tax management.

In cases where the land user does not comply with tax enforcement regulations, the tax authority shall transfer the dossier to the competent land management authorities to submit to the competent authority for consideration and handling according to the regulations in the decree of the Government of Vietnam detailing the implementation of several articles of the Land Law 2024 concerning this land assignment decision.

(2) The deadline for payment of land levy in cases of calculating land levy according to land prices in the Land Price List in Vietnam

In cases of calculating land levy according to land prices in the Land Price List, the deadline for submitting the land levy shall follow the regulations of the law on tax management.

If the deadline for payment of land levy is exceeded, the land user must pay a late payment fee for the land levy according to the regulations of the law on tax management, except for cases of land levy debt as specified in Clause 2, Article 22 of Decree 103/2024/ND-CP.

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