Extending the agricultural land use tax exemption period until December 31, 2030
organic, the National Assembly resolved to extend the exemption period for agricultural land use tax as stipulated in Resolution No. 55/2010/QH12 dated November 24, 2010 of the National Assembly on exemption and reduction of agricultural land use tax, which was amended and supplemented by a number of articles under Resolution No. 28/2016/QH14 dated November 11, 2016 of the National Assembly and Resolution No. 107/2020/QH14 dated June 10, 2020 of the National Assembly until December 31, 2030.
This Resolution comes into force from January 1, 2026.
The Government shall detail and guide the implementation of this Resolution to meet state management requirements.
* Previously, the Government submitted to the National Assembly a Resolution to extend the implementation period of agricultural land use tax exemption until December 31, 2030.
The purpose of the resolution is to institutionalize the Party and State's policies and viewpoints on agriculture, farmers and rural areas. In addition, it encourages organizations and individuals to invest in agriculture, farmers and rural areas, contributing to restructuring the agricultural sector, further increasing the value of agricultural products, thereby enhancing the competitiveness of agricultural products in the context of international integration.
Continuing to exempt agricultural land use tax until the end of 2030 will not reduce revenue because this is a policy that is being implemented in practice. Extending the agricultural land use tax exemption period as currently regulated until December 31, 2030, the amount of agricultural land use tax exempted is about 7,500 billion VND/year. This will continue to be a form of direct support to farmers, a source of direct financial investment for the agricultural sector, farmers, and rural areas to invest and expand production scale to improve productivity and product quality, thereby helping to create jobs for farmers, improve their lives, and connect with agricultural production activities, contributing to encourage investment and promoting sustainable development of the agricultural economy.
At the same time, it demonstrates the consistent policy of the Party and State on agriculture, farmers and rural areas; in line with the 5-year socio-economic development strategy and the overall planning for agricultural production development.
Wisdom
Source: https://baochinhphu.vn/keo-dai-thoi-han-mien-thue-su-dung-dat-nong-nghiep-10225070411175934.htm
Comment (0)