HCMC – The Ministry of Planning and Investment has proposed the Government turn down the HCMC government’s proposal to impose a higher property tax on people who own a second home. It reasoned that the proposal still had inadequacies as owners of several small houses or plots of land would have to
HCMC – The Ministry of Finance has proposed developing a new property tax law to separate the tax on land from that on buildings. Figures showed that tax collection from agriculture and non-agriculture land accounted for 0.24% of total state budget revenue and 0.03% of the country’s gross domestic
HCMC – Vietnam has seen a surge in revenue from real estate transfer taxes this year even though the market has almost ground to a halt due to liquidity problems. In its report on the budget collection of the tax sector, the General Department of Taxation said revenue generated by taxes on