A member of the Financial Policy and Strategy Institute (Ministry of Finance) said that the drafting agency has abandoned the threshold of 700 million dong, and is preparing a new draft.
Le Thi Mai Lien, an expert with the Financial Strategy and Policy Institute under the Ministry of Finance, said that the drafting committee has removed the threshold of 700 million dong of housing tax in the draft ban. head.
Ms. Lien also said that the tax threshold for the house is 700 million is only the original draft, then the Ministry of Finance to provide broad opinions. Currently the new draft has dropped the threshold of 700 million. However, the drafting committee has not yet finalized the tax according to market value, or construction value, or by area.
Regarding the new draft, Ms. Lien revealed that the research team is actively receiving comments and finishing. It is expected to submit new draft in the coming time and widely consult people.
The expert of the Financial Strategy and Policy Institute emphasizes that property taxes are being applied in many countries around the world, with different names.
These may include real estate taxes, property transfer taxes, property registration taxes, inheritance taxes, gift taxes, etc. Most countries do not issue a separate property tax, covering all property taxes, as well as no uniform uniform format for property taxes.
Countries usually only levy property taxes on real estate. Only a few countries levy tax on movable assets (cars, airplanes, yachts) such as Korea, Kyzgystan, Bulgaria, Argentina ...
