- The taxable income of 20% is significant. High tax on real estate transfers with ownership of less than 2 years will limit speculation. When more than half of the market participants are "surfing" to make a profit, prices will be beyond the purchasing power of the majority of people. Reducing speculation will make real estate prices more accessible.
- Is that true? When the new content of the tax bill was released, many experts immediately said that the tax increase would push up real estate prices. Because according to tradition, sellers often include all costs incurred in the selling price. Taxes are also costs, so if the price is higher, the buyer will have to pay. They affirmed that this also makes the real estate market in their country less attractive compared to other countries in the region.
- Multiple opinions are always necessary to be cautious. But expert opinions are only trustworthy when they are objective. In reality, it is not certain that the expert does not belong to the party that owns the real estate.
- The reaction of the financially strong real estate traders is worth watching. They remain calm, because according to experience, real estate taxes always take a very long time to research!
Source: https://www.sggp.org.vn/nghien-cuu-rat-lau-post805146.html
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