This is the significant content of the Draft Resolution on Agricultural Land Use Tax Exemption, which was recently published and is currently open for comments, expected to take effect from January 01, 2021.
Article table of contents
Extension of agricultural land use tax exemption until December 31, 2025 (Illustrative photo)
This resolution has extended the agricultural land use tax exemption until December 31, 2025, specifically:
Article 1. Extension of agricultural land use tax exemption in accordance with Resolution 55/2010/QH12 dated November 24, 2010, regarding exemption and reduction of agricultural land use tax, and Resolution 28/2016/QH14 dated November 11, 2016, of the National Assembly amending and supplementing certain articles of Resolution 55/2010/QH12 until December 31, 2025.
As such, if this Draft Resolution is approved, the following subjects will officially have the agricultural land use tax exemption period extended until December 31, 2025 (currently under Resolution 28/2016/QH14, the exemption period only extends until December 31, 2020):
Exemption of agricultural land use tax for the entire area of agricultural land used for research and experimental production; the area of land for annual crops with at least one rice crop per year; the area of salt production land.
Exemption of agricultural land use tax for the entire area of agricultural land allocated by the State to poor households.
Exemption of agricultural land use tax for the entire area of agricultural land for the following subjects:
- Households and individuals allocated land by the State for agricultural production, including land inherited, donated, or transferred;- Households and individuals who are members of agricultural cooperatives, agricultural farm workers, and forestry farm workers who have received stable contracted land from cooperatives, state-owned farms, and state-owned forestry farms for agricultural production in accordance with the law;- Households and individuals who contribute their agricultural land use rights to form agricultural production cooperatives in accordance with the Cooperative Law.
- Exemption of agricultural land use tax for the area of agricultural land allocated by the State to economic organizations, political organizations, socio-political organizations, social-occupational organizations, public service providers, and other units directly using the land for agricultural production.
For the area of agricultural land allocated by the State to economic organizations, political organizations, socio-political organizations, social-occupational organizations, public service providers, and other units that manage but do not directly use the land for agricultural production and lease it to other organizations or individuals for agricultural production based on contracts, land reclamation shall be executed in accordance with the Land Law; during the period before land reclamation by the State, 100% of the agricultural land use tax must be paid.
See the detailed content of the Draft Resolution on agricultural land use tax exemption HERE.
Nguyen Trinh
