What are the subjects of reduction of agricultural land use tax in Vietnam?

What are the subjects of reduction of agricultural land use tax in Vietnam? (Internet image)

Article 2 of Circular 120/2011/TT-BTC stipulates that the following objects are subject to reduction of agricultural land use tax in Vietnam, including:

1. To reduce 50% of agricultural land use tax records recorded annual revenue for the area of agricultural land in excess of quota of agricultural land allotted but not exceeding the limit of receipt of agricultural land use right transfer for households, individuals defined at Clause 3, Article 1 of the Decree 20/2011/ND-CP.

Agricultural land area beyond the limit of receipt of agricultural land use right transfer must be paid 100% of agricultural land use tax.

2. Agricultural land area allotted by the State to the economic organizations, political organizations, political - social organizations, social - professional organizations, non-business units, and other units are specified as follows:

- To reduce 50% of agricultural land use tax recorded annual revenue for the area of ​​agricultural land which the State allotted to the economic organizations, political organizations, political - social organizations, social - professional organizations, non-business units, and other units that are directly using land for agricultural production.

- Agricultural land area which are being managed by the economic organizations, political organizations, political - social organizations, social - professional organizations, non-business units and other units allotted by the State but not directly used for agricultural production and assigned to other organizations or individuals under contract to undertake agricultural production shall be recovered under the provisions of the Land Law. During the un-recovered time by the State, 100% of agricultural land use tax shall be paid.

3. To reduce 50% of agricultural land use tax recorded annual revenue for the area of ​​agricultural land which the State allotted to the people's armed units for management and use.

More details can be found in Circular 120/2011/TT-BTC, which comes into force from October 1, 2011.

Thuy Tram

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