Proposal to extend agricultural land use tax exemption until the end of 2030

ANTD.VN - The Ministry of Finance is seeking comments on the National Assembly's draft Resolution on exemption of agricultural land use tax until December 31, 2030.

Currently, the agricultural land use tax policy has been implemented for more than 30 years and is currently tax-exempt until December 31, 2025 according to Resolution No. 55/2010/QH12, Resolution No. 28/2016/QH14 and Resolution No. 107/2020/QH14 of the National Assembly, except for the agricultural land area that the State assigns to organizations for management but does not directly use the land for agricultural production but assigns it to other organizations and individuals to receive contracts for agricultural production.

Ministry of Finance proposes to continue exempting agricultural land use tax until the end of 2030

Evaluation of the agricultural land use tax policy after more than 30 years of implementation shows that there are regulations that are no longer suitable for current socio-economic conditions such as: Outdated tax determination methods, low collected value (tax is calculated in rice, collected in cash) and most of the contents are no longer applied in practice due to the implementation of the agricultural land use tax exemption policy for the entire area until December 31, 2025.

Although the agricultural land use tax policy was issued in 1993, in reality, from 2001 to now, the agricultural land use tax policy has only changed in terms of tax incentives (exemption, reduction) to implement the Party and State's policy in encouraging the development of agriculture, farmers and rural areas. Localities all believe that continuing to exempt agricultural land use tax as currently regulated for the next period is necessary.

Therefore, the Ministry of Finance submits to the Government to submit to the National Assembly a Resolution of the National Assembly to extend the implementation period of tax exemption for agricultural land use as prescribed in Resolution No. 55/2010/QH12, Resolution No. 28/2016/QH14 and Resolution No. 107/2020/QH15 until December 31, 2030.

The extension of this policy aims to continue implementing the results achieved from the exemption of agricultural land use tax, in line with the orientation of the Party and State on agriculture, farmers and rural areas; continue to encourage organizations, households and individuals to invest in agriculture and rural areas; encourage farm economy; contribute to the restructuring of agriculture and rural areas towards industrialization and modernization;

Contribute to improving the competitiveness of agricultural products in the market in the context of international economic integration; continue to support job creation in rural areas, improve farmers' income and living standards, contribute to building new rural areas while ensuring compliance with international practices.

If passed, the Resolution will take effect from January 1, 2026.

The Ministry of Finance assessed that 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. With the proposal to extend 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.

Source: https://www.anninhthudo.vn/de-xuat-keo-dai-mien-thue-su-dung-dat-nong-nghiep-den-het-nam-2030-post598962.antd