Agricultural land use tax

Chairman of the Economic and Financial Committee Phan Van Mai reported on the explanation and acceptance of the draft Resolution of the National Assembly on exemption of agricultural land use tax. Photo: Pham Dong

Officially extend the agricultural land use tax exemption period to the end of 2030

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The National Assembly agreed to extend the agricultural land use tax exemption period until the end of 2030, in which the beneficiaries of the policy are not expanded or narrowed.

Delegate Thach Phuoc Binh proposed to have constraints when exempting agricultural land use tax, avoiding holding land until the time is right. Photo: Quochoi.vn

There must be obligations when exempting agricultural land tax, avoiding land holdings

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The delegate stated that the exemption of agricultural land use tax should be accompanied by constraints, avoiding the situation of "holding land waiting for the time", and non-production land still enjoying incentives.

Minister of Finance Nguyen Van Thang submitted a Resolution on extending the period of agricultural land use tax exemption. Photo: Pham Dong

Extending the agricultural land use tax exemption period to the end of 2030

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The Government proposes to extend the exemption of agricultural land use tax until December 31, 2030 and the expected annual tax exemption is VND 7,500 billion.