What types vtv5 trực tiếp bóng đá hôm nay taxes are applicable when buying or selling a house?
What types vtv5 trực tiếp bóng đá hôm nay taxes are applicable when buying or selling a house in Vietnam?
The tax payable when buying or selling a house is the personal income tax upon transaction.
According to Clause 5 Article 3 vtv5 trực tiếp bóng đá hôm nay theLaw on Personal Income Tax 2007as amended by Clause 1 Article 1 vtv5 trực tiếp bóng đá hôm nay theAmended Personal Income Tax Law 2012, it is stipulated as follows:
- Income from real estate transfers, including:
+ Income from the transfer vtv5 trực tiếp bóng đá hôm nay land use rights and assets attached to the land;
+ Income from the transfer vtv5 trực tiếp bóng đá hôm nay ownership or use rights vtv5 trực tiếp bóng đá hôm nay houses;
+ Income from the transfer vtv5 trực tiếp bóng đá hôm nay land lease rights, water surface lease rights;
+ Other income from real estate transfers in any form
What types vtv5 trực tiếp bóng đá hôm nay taxes are applicable when buying or selling a house in Vietnam?(Image from the Internet)
What is the tax rate applicable when buying or selling a house in Vietnam?
According to Clause 5 Article 2 vtv5 trực tiếp bóng đá hôm nayCircular 111/2013/TT-BTC, the specific tax rate is stipulated as follows:
Tax Rate: The tax rate for buying, selling houses, land is 2% vtv5 trực tiếp bóng đá hôm nay the purchasing, selling, or leaseback price.
Tax Calculation:
- Personal income tax for income from buying, selling houses, and land is determined as follows:
| Personal income tax payable | = | Transfer price | x | Tax rate 2% |
- In cases where the purchase and sale vtv5 trực tiếp bóng đá hôm nay houses, land are co-owned, the tax obligation is determined separately for each taxpayer based on the property ownership ratio. The basis for determining ownership ratio includes lawful documents such as an initial capital contribution agreement, will, or court allocation decision, etc. In the absence vtv5 trực tiếp bóng đá hôm nay lawful documents, the tax obligation vtv5 trực tiếp bóng đá hôm nay each taxpayer is determined by the average ratio.
What types vtv5 trực tiếp bóng đá hôm nay fees are applicable when buying or selling a house in Vietnam?
(1) Registration Fee When Buying or Selling a House, Land
According to Clause 1 Article 3 vtv5 trực tiếp bóng đá hôm nayDecree 10/2022/ND-CPguided by Clause 1 Article 2 vtv5 trực tiếp bóng đá hôm nayCircular 13/2022/TT-BTCon registration fees for buying houses, land as follows:
The subjects liable for registration fees are detailed as follows:
- Houses, land stipulated in Clause 1 Article 3 vtv5 trực tiếp bóng đá hôm nayDecree 10/2022/ND-CP
+ Houses, including: residential houses; working houses; houses for other purposes.
+ Land, including: various types vtv5 trực tiếp bóng đá hôm nay agricultural land and non-agricultural land as prescribed by the Land Law (regardless vtv5 trực tiếp bóng đá hôm nay whether the land has been constructed or not).
(2) Notarization Fee When Preparing House Sale Documentation
According to Point a7 Clause 2 Article 4 vtv5 trực tiếp bóng đá hôm nayCircular 257/2016/TT-BTC, specific provisions about notarization fees when preparing house sale documentation are as follows:
Notarization vtv5 trực tiếp bóng đá hôm nay economic, commercial, investment, and business contracts: Calculated based on the asset value or contract value, transaction.
| No. | Asset value or contract value, transaction | Fee (VND/case) |
|---|---|---|
| 1 | Under 50 million VND | 50 thousand |
| 2 | From 50 million VND to 100 million VND | 100 thousand |
| 3 | Over 100 million VND to 1 billion VND | 0.1% vtv5 trực tiếp bóng đá hôm nay the asset value or contract value, transaction |
| 4 | Over 1 billion VND to 3 billion VND | 1 million VND + 0.06% vtv5 trực tiếp bóng đá hôm nay the portion vtv5 trực tiếp bóng đá hôm nay asset value or contract value, transaction exceeding 1 billion VND |
| 5 | Over 3 billion VND to 5 billion VND | 2.2 million VND + 0.05% vtv5 trực tiếp bóng đá hôm nay the portion vtv5 trực tiếp bóng đá hôm nay asset value or contract value, transaction exceeding 3 billion VND |
| 6 | Over 5 billion VND to 10 billion VND | 3.2 million VND + 0.04% vtv5 trực tiếp bóng đá hôm nay the portion vtv5 trực tiếp bóng đá hôm nay asset value or contract value, transaction exceeding 5 billion VND |
| 7 | Over 10 billion VND to 100 billion VND | 5.2 million VND + 0.03% vtv5 trực tiếp bóng đá hôm nay the portion vtv5 trực tiếp bóng đá hôm nay asset value or contract value, transaction exceeding 10 billion VND. |
| 8 | Over 100 billion VND | 32.2 million VND + 0.02% vtv5 trực tiếp bóng đá hôm nay the portion vtv5 trực tiếp bóng đá hôm nay asset value or contract value, transaction exceeding 100 billion VND (maximum fee is 70 million VND/case). |
(3) Fee for Issuing Certificates vtv5 trực tiếp bóng đá hôm nay Land Use Rights, Ownership vtv5 trực tiếp bóng đá hôm nay Houses, and Assets Attached to Land
According to Point đ Clause 2 Article 5 vtv5 trực tiếp bóng đá hôm nayCircular 85/2019/TT-BTC, it is stipulated about the fee for issuing certificates vtv5 trực tiếp bóng đá hôm nay land use rights, ownership vtv5 trực tiếp bóng đá hôm nay houses, and assets attached to land as follows:
The fee for issuing certificates vtv5 trực tiếp bóng đá hôm nay land use rights, ownership vtv5 trực tiếp bóng đá hôm nay houses, and assets attached to land is a charge payable by organizations, households, and individuals when issued by the competent state authority.
The fee for issuing certificates vtv5 trực tiếp bóng đá hôm nay land use rights, ownership vtv5 trực tiếp bóng đá hôm nay houses, and assets attached to land includes: issuance vtv5 trực tiếp bóng đá hôm nay certificates vtv5 trực tiếp bóng đá hôm nay land use rights, ownership vtv5 trực tiếp bóng đá hôm nay houses, and assets attached to land; certification vtv5 trực tiếp bóng đá hôm nay land, property fluctuations; cadastral map extract; documents; cadastral record data.
Based on the specific conditions vtv5 trực tiếp bóng đá hôm nay the locality, local socio-economic development policies to stipulate the appropriate fee level, ensuring the principle: the fee level for households, individuals in districts vtv5 trực tiếp bóng đá hôm nay centrally-run cities, inner-city wards vtv5 trực tiếp bóng đá hôm nay provincially-run cities, or district-level towns is higher than that in other areas; the fee level for organizations is higher than that for households, individuals.
