The Ho Chi Minh City Tax Department reported that from August 1-27, 2024, the tax authority received a total of 8,808 dossiers, including: 346 dossiers on land use fee collection for cases of recognized land use rights; 277 dossiers on land use fee collection for cases of land use purpose conversion; 5,448 dossiers on personal income tax from real estate transfers; and 2,737 dossiers on cases with no financial obligations (personal income tax from real estate transfers, registration fees, etc.).
To settle land-related financial obligations in accordance with the Land Law of 2024 and Decree 103/2024/ND-CP on land use and rental fees – effective from August 1, 2024 – on August 29, 2024, the Ho Chi Minh City Tax Department proposed to the Ho Chi Minh City People’s Committee to soon issue a decision adjusting land prices; guide and direct the application of legal documents (land price tables, land price adjustment coefficients, percentage rates for calculating land rental fees, etc.) so that the tax authority can promptly calculate land-related financial obligations for dossiers arising from August 1, 2024.
In addition, to avoid backlog of dossiers, complaints, and to meet the practical needs of the people, the Ho Chi Minh City Tax Department will report to the General Department of Taxation on the settlement of the above-mentioned cases of non-financial obligations when performing procedures for certificate granting.
“Understanding the New Land Use Charges When Converting Agricultural Land to Residential: A Guide for the Community”
Under Clause 5, Article 116 of the 2013 Land Law, households and individuals who wish to convert agricultural land within residential areas, within the same land lot, or to convert non-agricultural land that is not for residential purposes into residential land, must ensure that it complies with the approved district-level land use planning.
The Latest on Land Tax Calculation in Ho Chi Minh City Post-August 1st
The Ho Chi Minh City Tax Department has requested the People’s Committee to provide guidance on tax calculations for dossiers submitted after August 1st.
