Expected to exempt agricultural land use tax of about 7,500 billion VND/year - Lang Son Newspaper and Radio and Television

Vice Chairman of the National Assembly Nguyen Duc Hai chaired the meeting. (Photo: BUI GIANG)

Tax exemption does not reduce revenue

Continue the program At the 9th session on the morning of May 13, under the direction of Vice Chairman of the National Assembly Nguyen Duc Hai, the National Assembly listened to the presentation of the Proposal and the Verification Report on extending the period of exemption from agricultural land use tax.

Presenting the Draft Resolution of the National Assembly on extending the period of exemption from agricultural land use tax as stipulated in Resolution No. 55/2010/QH12 of the National Assembly on exemption and reduction of agricultural land use tax, which has been amended and supplemented by a number of articles under Resolution No. 28/2016/QH14 and Resolution No. 107/2020/QH14, Minister of Finance Nguyen Van Thang stated that the draft Resolution was developed to institutionalize the policies and viewpoints of the Party and State on agriculture, farmers and rural areas.

The draft also aims to encourage organizations and individuals to invest in agriculture, farmers and rural areas, contributing to restructuring the agricultural sector and further increasing the value of agricultural products.

Minister of Finance Nguyen Van Thang. (Photo: BUI GIANG)

Thereby, enhancing the competitiveness of agricultural products in the context of international integration; continuing to promote the results achieved by the agricultural land use tax exemption policy, ensuring compliance with international practices.

According to the Minister, to continue promoting the results of the Exemption from agricultural land use tax, the Government submits to the National Assembly to issue a Resolution of the National Assembly to extend the implementation period of agricultural land use tax exemption as prescribed in Resolution No. 55/2010/QH12, Resolution No. 28/2016/QH14 and Resolution No. 107/2020/QH15 until December 31, 2030.

“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 VND 7,500 billion/year,” the Minister stated.

Minister Nguyen Van Thang also affirmed that 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, connect them with agricultural production activities, contribute to encouraging investment, and promote sustainable agricultural economic development.

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.

Consider not exempting land from tax for fallow land

Presenting the Report on the review of the draft Resolution, Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai said that, after more than 30 years of promulgating the Law on Agricultural Land Use Tax, agricultural land use tax exemption and reduction policy has been implemented for a long time through National Assembly Resolutions issued outside the scope of the law.

Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai. (Photo: BUI GIANG)

This reflects the Party and State's policy of prioritizing support for agricultural, farmer, and rural development over time. Economic sectors have also become accustomed to the complete exemption of agricultural land use tax, which creates additional costs for agricultural production compared to current policies.

Therefore, in the current difficult production and business conditions, the majority of opinions in the Committee agree on the necessity of extending the agricultural land use tax exemption policy in the coming period as proposed by the Government.

Besides, many opinions say that the widespread exemption of agricultural land use tax does not create motivation for effective land use, land accumulation for large-scale agricultural production and the recent exemption of agricultural land use tax also partly leads to waste and fallow.

Delegates attending the meeting. (Photo: BUI GIANG)

Therefore, the Committee recommends reviewing and assessing the current status of agricultural land use to design this tax exemption and reduction policy as a tool to promote effective land use, avoid wasting agricultural land resources, and contribute to implementing Directive No. 27-CT/TW of the Politburo on strengthening the Party's leadership in practicing thrift and combating waste.

Regarding the Government's proposal, the Economic and Financial Committee agrees with the proposal to submit to the National Assembly for consideration and decision to issue a Resolution to extend the implementation period of agricultural land use tax exemption as prescribed in Resolution No. 55/2010/QH12, Resolution No. 28/2016/QH14 and Resolution No. 107/2020/QH15 until December 31, 2030.

However, the Economic and Financial Committee proposed that the Government consider not exempting agricultural land use tax for cases of land left fallow or used for purposes other than agricultural purposes.

At the same time, periodically evaluate the effectiveness of the agricultural land use tax exemption policy from the perspectives of impact on agricultural economy, farmers' lives and land use efficiency.

Source: https://baolangson.vn/du-kien-mien-tien-thue-su-dung-dat-nong-nghiep-khoang-7-500-ty-dong-nam-5046885.html