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The National Assembly proposed to soon impose higher taxes on people who use many houses and residential land.

Báo Thanh niênBáo Thanh niên15/01/2024

The National Assembly Standing Committee requested the Government to urgently propose regulations on higher tax rates for people using large areas of land, many houses, and land speculators to regulate the difference in land rent resulting from State planning.
On the morning of January 15, Mr. Vu Hong Thanh, Chairman of the National Assembly Economic Committee, on behalf of the National Assembly Standing Committee (NASC), presented a report explaining, accepting and revising the amended Land Law.
Quốc hội đề nghị sớm đánh thuế cao hơn với người sử dụng nhiều nhà, đất ở- Ảnh 1.

Mr. Vu Hong Thanh, Chairman of the National Assembly Economic Committee, presented an explanatory report.

GIA HAN

After being accepted and revised, the draft law consists of 16 chapters and 260 articles, omitting 5 articles and amending and supplementing 250 articles compared to the draft law submitted to the National Assembly at the 6th session. Specifically, regarding the rights and obligations regarding land use of Vietnamese people residing abroad, there are opinions suggesting reviewing and ensuring consistency with other laws such as the Land Law, the Real Estate Business Law and the Housing Law. According to the Standing Committee of the National Assembly, the draft law amends the provisions in the direction that Vietnamese people residing abroad with Vietnamese nationality who are Vietnamese citizens have full rights related to land (not just rights to residential land) like Vietnamese citizens in the country (individuals in the country) and maintains the same policies as current laws for people of Vietnamese origin residing abroad. Therefore, the draft law amends and replaces the phrase "Vietnamese people residing abroad" with the phrase "people of Vietnamese origin residing abroad", a term used in the Nationality Law. Notably, regarding the relationship between cases of land recovery and those who are currently holding land use rights to implement socio-economic development projects (Clause 6, Article 127), the draft law amends in the direction of prioritizing those who currently hold land use rights. This option contributes to promoting the implementation of the orientation of commercialization of land use rights; encouraging land users who currently hold land use rights to implement investment projects in accordance with land use planning. However, the Standing Committee of the National Assembly requests the Government to urgently propose regulations on higher tax rates for those who use large areas of land, many houses, and speculate on land as required in Resolution No. 18-NQ/TW to regulate the difference in land rent obtained due to State planning. At the same time, improve the quality of investment project appraisal and investor approval; Prevent corruption and negativity. Prevent organizations and individuals from collecting land, hindering the access to land of other investors with the same or better capacity. Another important point is to grant Certificates to households and individuals using land without documents on land use rights without violating land laws, and not in cases where land is allocated without proper authority (Clause 3, Article 138). The draft law is amended in the direction of regulating the consideration and recognition of land use rights for households and individuals using land before July 1, 2024. To fundamentally solve this problem, the Standing Committee of the National Assembly recommends that the Government have mechanisms and policies to support the issuance of Certificates to households and individuals using land without documents on land use rights without violating the law, contributing to improving the effectiveness of state management of land, ensuring the legal validity of regulations.

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