Legal document newsletter week 06/10/2023
DECISION NO. 25/2023/QD – TTg ON LAND RENTAL REDUCTION IN 2023
On behalf of the Government, Deputy Prime Minister Le Minh Khai has just signed Decision No. 25/2023/QD-TTg (“Decision 25”) dated October 3, 2023 on reducing land rent in 2023. This Decision takes effect. enforcement from November 20, 2023 and there are some notable contents as follows:
1. Subjects of application
Organizations, units, businesses, households, and individuals are directly leasing land from the State according to Decisions or Contracts or Certificates of land use rights, ownership of houses and other attached assets with land from a competent state agency in the form of land lease with annual payments.
2. Land rent reduction
30% reduction in land rent payable (revenue generated) in 2023.
3. Application for land rent reduction
- Request for land rent reduction in 2023 from the land tenant according to the Form in the Appendix issued with this Decision;
- Land lease decision or Land lease contract or Certificate of land use rights, ownership of housing and other assets attached to land from a competent state agency (copy).
4. Procedures for reducing land rent
- The land lessee submits 01 set of documents requesting a reduction in land rent (by one of the following methods: Direct, electronic, postal) to the tax agency managing land rent collection, the Economic Zone Management Board, and the Land Rent Management Board. Manage high-tech zones and other agencies according to the provisions of law on tax administration from the time this Decision takes effect until March 31 , 2024;
- Land rent reduction as prescribed in Decision 25 is not applicable for land tenants who submit applications after March 31 , 2024.