Proposal to Tax Abandoned Land Seven Times the Tax Rate for Land Within the Permitted Area.
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The proposed tax rate is equivalent to the rate currently applied to illegally occupied land and nearly seven times higher than the base tax rate of 0.03% applied to residential land within the permitted limit. Breakthrough growth and sustainable development: Two goals, one journey. September's trade balance shows a surplus of US$1.27 billion after nine months of trade deficit. State budget revenue for the first nine months of 2026 reaches over …
(Dan Tri Newspaper) - The Ministry of Finance has proposed a tax rate of 0.2% on abandoned land, land not put into use, or land that is slow to be put into use, which is nearly seven times higher than the 0.03% rate for residential land within the permitted limit.
For the first time, the concept of 'abandoned land' is included in the tax regulations in the draft amendments to the Law on Non-Agricultural Land Use Tax, with a tax rate seven times higher than the current land tax within the prescribed limit.
The Ministry of Finance has proposed a tax rate of 0.2% on abandoned land, land not put into use, or land that is slow to be put into use, which is nearly seven times higher than the 0.03% rate for residential land within the permitted limit.
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