Ministry of Finance: Real estate tax policy has not changed yet

There is no change in real estate tax policy at present. The ministry is continuing to orient and research tax policies suitable for the market in the coming time.

Deputy Minister of Finance Nguyen Duc Chi speaks at the press conference - Photo: B.NGOC

Mr. Luu Duc Huy - Director of the Department of Tax, Fee and Charge Policy Management and Supervision - said at the press conference for the third quarter of 2025 held by the Ministry of Finance on the afternoon of October 3 in Hanoi .

In response to the press's concerns about rising housing prices and the need for tax policies to control current housing prices, Mr. Huy said there are still specific tax policies in the real estate transaction process, from registration, purchase, sale, and transfer.

Tax policy on real estate needs to be studied comprehensively. According to assigned functions and tasks, the Department of Management and Supervision of Tax, Fee and Charge Policy is coordinating with relevant agencies to develop tax policy on real estate in accordance with the Land Law.

Regarding personal income tax on real estate transactions, Mr. Huy said that the ministry has submitted document 944 dated September 29, submitting to the National Assembly the draft Law on Personal Income Tax. The Economic and Financial Committee has officially reviewed it. The Ministry of Finance is coordinating with units to complete the draft, to submit to the upcoming National Assembly.

Recently, the Ministry of Finance has sent a request for opinions from ministries, branches, organizations and individuals on the proposal to collect personal income tax on real estate transfers based on holding time.

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

Apartment prices in Hanoi and Ho Chi Minh City have increased rapidly in recent times, many opinions say that it is necessary to impose taxes on real estate transactions to regulate the market - Photo: B.NGOC

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 needs to have a suitable roadmap, ensuring synchronization with the process of perfecting other policies related to land and housing.

In addition, the level of readiness of the tax collection database on information technology infrastructure related to registration and transfer of land and real estate. Thereby creating conditions for tax authorities to have enough information and legal basis related to real estate transfer activities to collect the correct amount of money to be paid, avoiding arbitrariness and negativity.

To ensure feasibility, in accordance with current management practices and to implement the Party and State's policies, aiming for an 8% growth target and creating momentum for growth in the following years, the current method of collecting 2% of the transfer price will be maintained for the time being.

At the same time, study a 5-year roadmap to switch to tax collection based on transaction profits and real estate holding time.

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Source: https://tuoitre.vn/bo-tai-chinh-chinh-sach-thue-voi-bat-dong-san-chua-co-gi-thay-doi-20251003162427168.htm