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property tax
Update news property tax
Income per capita low, but land prices sky-high
To prevent speculation and price inflation, the State needs to apply comprehensive measures to increase the transparency and supply in the market.
Transparency, increased supply are needed in real estate market
Improving supply and providing transparent information about property projects are the most important solutions that will help prevent speculation.
Property tax will not prevent speculation: experts
Imposing property taxes on houses is not a radical solution to build a healthy market, experts say. Taxation will make the real estate market, which is in difficulties because of legal problems and short supply, become even more deadlocked.
Finance Ministry's proposed property tax on houses sparks controversy
While some people support the Ministry of Finance’s (MOF) plan to tax houses, others warn that taxation is not feasible and this may bring the opposite effect.
Finance Ministry wants to tax second homes to restrict speculation
VietNamNet Bridge – The Ministry of Finance (MOF) believes that it is necessary to tax second and subsequently owned homes to restrict property speculation and oversupply.
