Housing prices increase 'skyrocketingly', real estate tax policy has not changed

In response to the press's concerns about rising housing prices and the need for tax policies to control housing prices, Mr. Luu Duc Huy, Director of the Department of Management and Supervision of Tax, Fee and Charge Policies (Ministry of Finance) said that the tax policy on real estate has not changed yet, and the Ministry is continuing to research tax policies suitable for the market.

Mr. Luu Duc Huy, Director of the Department of Tax, Fee and Charge Policy Management and Supervision ( Ministry of Finance ) answered at the Ministry of Finance Press Conference on the afternoon of October 3. Photo: Ministry of Finance

According to Mr. Luu Duc Huy, there are still specific tax policies in the real estate transaction process, from registration, purchase, sale and transfer.

At the press conference for the third quarter of 2025 organized by the Ministry of Finance on the afternoon of October 3, Mr. Luu Duc Huy said that the tax policy on real estate needs to be studied comprehensively. According to the assigned functions and tasks, the Department of Management and Supervision of Tax, Fee and Charge Policies is coordinating with relevant agencies to develop a tax policy on real estate in accordance with the Land Law.

Regarding personal income tax (PIT) on real estate transactions, Mr. Luu Duc Huy said that the Ministry has submitted Document No. 944 dated September 29, submitting to the National Assembly the draft Law on PIT. The Economic and Financial Committee has officially reviewed it. The Ministry of Finance is coordinating with units to complete the draft, to be submitted to the National Assembly in the near future.

Through the process of synthesizing and receiving comments on collecting personal income tax on real estate transfers based on holding time, the Ministry of Finance has synthesized and completed the draft Law on Personal Income Tax in the direction of maintaining the current personal income tax policy on real estate transactions.

Previously, in the report on personal income tax policy for real estate transfers, the Ministry of Finance stated that the collection of personal income tax on real estate transfers at 20% of income as well as the collection of personal income tax on real estate according to the holding period should have a suitable roadmap, ensuring synchronization with the process of perfecting other policies related to land and housing.

To ensure feasibility, in accordance with the current management practice and to implement the Party and State's policies, aiming for an 8% growth target and creating momentum for growth in the following years, in the immediate future, the current method of collecting 2% of the transfer price will be maintained; at the same time, a 5-year roadmap will be studied to switch to collecting tax based on transaction profits and real estate holding time.

Source: https://baotintuc.vn/kinh-te/gia-nha-tang-phi-ma-chinh-sach-thue-voi-bat-dong-san-chua-thay-doi-20251003183135933.htm