Illustration photo.
On October 3, at the regular press conference for the third quarter of 2025 of the Ministry of Finance , Mr. Luu Duc Huy, Deputy Director of the Department of Management and Supervision of Tax, Fee and Charge Policies, said that the Ministry of Finance continues to research tax policies related to real estate.
According to Mr. Luu Duc Huy, the development of real estate tax policies will be considered comprehensively, in conjunction with the provisions of the Land Law. Currently, real estate tax policies have provisions from registration, use to transfer of real estate. However, the requirement is to have a comprehensive review to ensure consistency. The Department of Tax, Fee and Charge Policy Management and Supervision is coordinating with relevant units to develop policies in accordance with practice and the Land Law.
In addition to the real estate issue, the Ministry of Finance is also submitting a draft Law on Personal Income Tax. Accordingly, on September 29, the Ministry of Finance submitted a document to the National Assembly; including the content on real estate transfer tax. According to the draft, the current regulations will still be maintained, after being reviewed by the Economic - Financial - Budget Committee. The Ministry of Finance will coordinate with relevant agencies to continue completing the draft.
Notably, the option of taxing 20% on income from real estate transfers is no longer kept in the draft. Mr. Luu Duc Huy said that the drafting agency has accepted comments and decided to keep the current 2% tax rate.
Regarding real estate transfer tax, in the latest draft of the Law on Personal Income Tax (amended), the Ministry of Finance abandoned the proposal to impose a 20% personal income tax on income from real estate transfers, based on the holding period. The personal tax rate for real estate transactions remains the same as current, i.e., the transfer price multiplied by (x) the 2% tax rate.
Source: https://vtv.vn/thue-chuyen-nhuong-bat-dong-san-giu-nguyen-khong-thay-doi-so-voi-hien-hanh-100251004092534517.htm
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