From May 15, agricultural land use tax exemption and reduction

The Government has just issued a Decree dated March 23, detailing and guiding the implementation of the Resolution dated November 24, 2010 of the National Assembly on exemption and reduction of agricultural land use tax.

According to the decree, from May 15, agricultural land use tax will be exempted for all agricultural land areas used for research and experimental production; land areas for annual crops with at least one rice crop per year; and land areas for salt production. Agricultural land use tax will be exempted for all agricultural land areas allocated or recognized by the State for poor households.

Illustration: Internet

Exemption from agricultural land use tax for agricultural land areas within the agricultural land allocation limit for the following subjects: households and individual farmers who are allocated or recognized land by the State for agricultural production (including inherited land, donated land, and land use right transfer); households and individuals who are cooperative members who have received stable land allocation from cooperatives, state-owned farms, and state-owned forestry farms for agricultural production according to the provisions of law; households and individuals who are farm workers or forestry workers who have received stable land allocation from state-owned farms, and state-owned forestry farms for agricultural production according to the provisions of law; households and individuals engaged in agricultural production who have the right to use agricultural land and contribute their land to establish agricultural production cooperatives according to the provisions of the Law on Cooperatives.

The Decree also clearly states the subjects eligible for reduction of agricultural land use tax; including a 50% reduction in the annual agricultural land use tax for the agricultural land area that the State assigns to economic, political, socio-political, socio-professional organizations, public service units and other units that are directly using land for agricultural production; a 50% reduction in the annual agricultural land use tax for the agricultural land area that the State assigns to the People's Armed Forces for management and use...

The land class for calculating agricultural land use tax is calculated stably for 10 years, starting from January 1, 2011 to December 31, 2020, on the basis of the land class that was prescribed and implemented in the period from 2003 to the end of 2010.

The period of exemption and reduction of agricultural land use tax prescribed in this Decree is implemented from January 1, 2011 to December 31, 2020.

According to VNA