On January 18, 2024, with the majority in favor, the National Assembly passed the Land Law at its 5th extraordinary session. Accordingly, the Land Law 2024 added regulations on land price list.
=> See more: Amending risk coefficient regulations for residential mortgage loans
According to the Land Law 2024, land price lists are applied in the following cases:
- Calculate land use fees when the State recognizes residential land use rights of households and individuals; change the land use purpose of households and individuals;
- Calculate land rent when the State leases land and collects annual land rent, except in cases of land lease through auction of land use rights;
- Calculate land use tax;
- Calculate income tax from land use rights transfer for households and individuals;
- Calculate fees for land management and use;
- Calculating fines for administrative violations in the field of land;
- Calculate compensation to the State when causing damage in land management and use;
- As a basis for calculating the value of land use rights when recognizing land use rights with land use fees collected, leased land with one-time rental payment for the entire lease period;
- Calculate the starting price for auctioning land use rights when the State allocates or leases land in cases where the land plot or land area has been invested in technical infrastructure according to detailed construction planning;
- Calculate land use fees in cases of land allocation not through auction of land use rights to households and individuals;
- Calculate land use fees in case of selling houses belonging to public property.
Photo 1. Announcing the new land price list from January 1, 2026 according to the Land Law 2024_ Hotline: 097 211 8764
The land price list is built according to area and location. For areas with digital cadastral maps and land price databases, build a land price list for each land plot based on the value area and standard land plot. The first land price list was announced and applied from January 1, 2026 and was adjusted from January 1 of the next year to the price list of land approaching the market price.
The 2024 Land Law takes effect from January 1, 2025.
=> See more: Money transfers, deposits, and withdrawals on e-wallets must be biometrically authenticated from July 1, 2024
Photo 2. Free legal advice _ Hotline: 097 211 8764
Socio-Economic Summary Department - TLK Law Company Limited
According to quochoi.vn
Dear readers, TLK Law Company Limited, in addition to providing readers with useful intellectual information about economic, cultural and social life, we are also an organization providing legal services; Professional accounting - tax and trade promotion with many years of experience.
With the desire to fulfill social responsibility, if readers need advice on issues related to the Law, please contact us at hotline: 097 211 8764 to get advice from a lawyer. Direct consultation (completely free consultation).
