Many real estate projects in Nghe An are in debt for land use fees.
(Baonghean.vn) - The above information was announced by a representative of the Provincial People's Committee Office at the meeting of the third quarter of 2018 held on the morning of September 21. Accordingly, there are currently tens of billions of VND in land use fees that have not been collected, although the Tax Department has applied many measures to recover them according to regulations.
Specifically: The Cua Tien New Urban Area Project in Vinh Tan Ward, Vinh City, invested by Danatol Joint Stock Company, outstanding land use fee: 6.2 billion VND. This project is accepted without late payment penalty because the budget is owed to the enterprise when constructing the BT project to build Cua Tien II Bridge.
The Housing and Commercial Services Project in Van Dien Commune, Nam Dan District, invested by Hung Son Investment and Trading Joint Stock Company, still owes: 5.4 billion VND. On October 24, 2017, the Ministry of Finance issued Official Dispatch No. 14261/BTC-QLCS guiding the implementation of revenue and expenditure recording for compensation for site clearance of the project, requesting the Department of Finance to preside over and coordinate with the Tax Department to implement it soon.
The project of Complex of Trade Center, Luxury Apartments and Commercial Street in Hung Binh Ward, Vinh City, Nghe An Province is invested by Dong A Joint Stock Company Branch. As of September 15, 2018, the company has paid 9,063 billion VND/14,496 billion VND, still owing 5,433 billion VND in fines for late payment of land use fees..The Provincial People's Committee requested the Department of Natural Resources and Environment, the Department of Planning and Investment and related units to coordinate with the Tax Department to request the Dong A Joint Stock Company Branch to complete the outstanding tax debt before the Vietnam Joint Stock Commercial Bank for Investment and Development prepares land lease procedures at the land transferred by the enterprise.
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| The BMC Vinh Plaza project in Quan Bau ward, Vinh city, owes taxes and is being considered for termination of operations and land repossession. Photo: TC |
BMC Vinh Plaza project in Quan Bau ward, Vinh city, invested by BMC Construction Materials and Commercial Construction Company Limited, still owes (land use fee and late payment fee) as of September 15, 2018, 42,326 billion VND (including land use fee: 28,041 billion VND; non-agricultural land use tax: 144,058 billion VND; late payment fee: 14,140 billion VND). This project is being considered for termination of operation and land repossession.
Regarding a number of projects with long-standing land use debt in Vinh city, which Vinh City Tax Department has applied enforcement measures but has not complied with (including: Son Ha Urban Area Project in Nghi Lien Commune, Vinh City, invested by Son Ha Construction Joint Stock Company; Residential Area Construction Project in Nghi Lien Commune, Vinh City, invested by Tien Thanh Company Limited): Request the Department of Planning and Investment to preside over and coordinate with relevant units to inspect and consider the termination of project activities and land recovery in accordance with regulations..
Besides,The Tax Department said it is currently managing 40 investment projects in the province with a total land use fee payable of VND 1,226.3 billion (debt carried over from 2017: VND 528.5 billion; newly incurred in 2018: VND 697.7 billion), has paid VND 403.8 billion, and must pay VND 822.5 billion. Currently, the Tax Department is continuing to monitor and urge to collect in accordance with regulations.
