This is the content mentioned in the Draft Resolution amending Resolution 55/2010/QH12 on exemption and reduction of agricultural land use tax promulgated by the National Assembly.
Article table of contents
According to the draft Resolution, the following subjects have been added to the list of entities exempt from agricultural land use tax:
Agricultural land use tax exemption is applied to the area of agricultural land allocated by the State to economic organizations, political organizations, sociopolitical organizations, socio-professional organizations, public service providers, and other units that are directly using the land for agricultural production.
Including the above entities in the tax-exempt category helps alleviate difficulties for farmers in agricultural production, promotes agricultural economic development, and contributes to the modernization-oriented structural transformation of agriculture and rural areas. Specifically:
- Exempt agricultural land use tax for all entities stipulated in Clause 1, Article 2 of Resolution 55, including the portion exceeding the limit. Full tax exemption for families and individuals, including the portion exceeding the limit of agricultural land use rights, creates consensus among the people and helps them feel secure in production.- Fully exempt agricultural land use tax stipulated at Point a, Clause 2, Article 2 of Resolution 55. The exemption encourages various economic sectors in society to invest in agricultural production and business, promoting enterprises and economic organizations to invest in agriculture, enhancing the competitiveness of the domestic agricultural sector in the process of international economic integration.
For agricultural land areas allocated by the State to economic organizations, political organizations, sociopolitical organizations, socio-professional organizations, public service providers, and other units that are managed but not directly used for agricultural production and are subcontracted to other organizations or individuals for agricultural production under a contract, the land shall be reclaimed according to the provisions of the Land Law; during the period when the State has not yet reclaimed the land, 100% of the agricultural land use tax must be paid.
The period for agricultural land use tax exemption is from January 1, 2017, to December 31, 2020.
For entities exempt from agricultural land use tax not specified in this Resolution and Clause 1, Clause 2, Article 1 of Resolution 55/2010/QH12 on exemption and reduction of agricultural land use tax, compliance shall follow the provisions of the Law on Agricultural Land Use Tax.
The Resolution shall take effect from January 1, 2017, if the draft is passed.
