Prime Minister Calls for Intensified Land-Use Fee Collection Efforts in the Year-End Period

Prime Minister Pham Minh Chinh has just signed an urgent dispatch on enhancing the supervision of state budget collection for land-related revenues in the last month of 2024.

According to the dispatch, in the first 11 months of 2024, state budget revenue (SBR) reached 106.3% of the estimate, despite numerous policies on tax, fee, and charge exemptions, reductions, and extensions, as well as land rent. 16 out of 19 tax items and 40 out of 63 domestic revenue-collecting localities achieved and exceeded the progress, ensuring resources for macroeconomic development tasks as decided by the National Assembly.

However, alongside the positive results, budget collection still faces many difficulties and challenges, affecting the overall revenue of the entire industry, especially land use fees, an important source of funding for development investment. The progress of collection is slow, with only 82.8% of the estimate achieved by the end of November.

To contribute to the completion of the SBR task at the highest level, creating momentum for the fulfillment of socio-economic development tasks in 2025 and the period of 2026 – 2030… The Prime Minister requests the Ministry of Finance to coordinate with relevant agencies to review and urge timely payment to the state budget for tax and land rent that have been extended…

At the same time, direct the tax agency to promptly coordinate with the on-site branches and departments to advise the People’s Committees of provinces and cities on handling difficulties and obstacles regarding procedures and prices for real estate projects, accelerating the progress of public investment disbursement, organizing auctions, land allocation, and leasing, and urging the timely collection of revenues into the state budget according to the law on budget collection.

Enhance measures to combat tax evasion in two-price real estate transfer activities to create a healthy real estate market. Review all slow-moving projects with outstanding land use fees, summarize, and report to the People’s Committees at all levels to direct relevant agencies to focus on removing obstacles to urge the timely collection of tax debts and land use fees into the state budget.

“For cases of deliberate delay, advise the People’s Committees of provinces and cities to revoke the projects in accordance with the law,” the dispatch states.

The Prime Minister also requests the Ministry of Natural Resources and Environment to coordinate with relevant agencies to continue organizing training, propaganda, and guidance for localities on the provisions of the Land Law; closely monitor the organization and implementation of the Land Law nationwide; summarize difficulties and obstacles and handle them according to their competence and report matters beyond their competence.

Urge localities to promptly issue documents detailing the implementation of the Land Law within their assigned competence and to build and issue new land price frameworks to facilitate the implementation of land auction and allocation in a timely and efficient manner, avoiding state budget losses.

Strengthen inspection and handling of violations by state management agencies and land users in localities.

In addition, the Prime Minister also assigns the Ministry of Construction to review and remove obstacles for projects with good liquidity, commercial housing projects, social housing projects, new urban areas… to promote the development of the real estate market and attract more large-scale investment projects.