August 4, 2009
Member of the National Assembly’s Economics Committee Nguyen Duc Kien believes that the housing tax law will not lead to price increases in the real estate market, while it will help the state better control the market. According to the Ministry of Finance’s latest draft, only the houses worth more than 600 million dong will [...]
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July 31, 2009
Houses worth over 600 million dong will be taxed 0.03 percent per annum on the value in excess of the 600 million threshold instead of 0.05 percent as previously planned, the latest draft of the housing tax law stipulates. The Ministry of Finance, which is drafting the housing tax law, said that the draft document [...]
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