Subjects receiving land tax deduction in 2023

Subjects receiving land tax deduction in 2023

Subjects eligible for land rent reduction in 2023 are organizations, units, businesses, households, and individuals that are directly leasing land from the State according to Decisions or Contracts or Certificates of land use rights; rights of own houses and other assets attached to land of a competent state agency in the form of land lease with annual payments (land lessee).

In addition, it applies to cases where land renters are not eligible for land rent exemption or reduction, the land rent exemption or reduction period expires, and cases where land renters are receiving land rent reduction according to the provisions of the land law.

Land rent reduction in 2023

This land rent reduction is calculated on the amount of land rent payable (generated revenue) in 2023 according to the provisions of law.

Land rent reduction as prescribed in Decision 25/2023/QD-TTg is not applied in cases where land tenants submit applications after March 31, 2024.

Decision 25/2023/QD-TTg takes effect from November 20, 2023../