Tin tức

Decree 49/2022/ND-CP-Land price allowance for VAT calculation

The Government formally issued Decree 49/2022/ND-CP amending Decree 209/2013/ND-CP,

which details and guides the implementation of a number of articles of the Law on Value-Added

Tax, including adjustments to land price allowance for value-added tax calculation.

 

Accordingly, the price for value-added tax calculation is based on the real estate transfer price

minus the deductible land price for value-added tax calculation for the activities under the form

of real estate transfer. In which there are six specific cases where the land price is deducted to

calculate value-added tax as follows:

1) The state allocates land to invest in infrastructure to build houses for sale. The land price

allowance includes the land use charge payable to the state budget and the

compensation and ground clearance (if any).

2) The land is leased to build infrastructure, build houses for sale, the land price allowance

is the land rent payable to the state budget and the compensation and ground clearance

(if any).

3)  In an auction of land use rights, the land price allowance is the auction winning price.

4)  If a business establishment receives a land use right transferred from an organization or

individual, the land price allowance is the land price at the time of receiving the land use

right transfer, excluding the infrastructure value.

5)  For business establishments receiving capital contributions with land use rights from

organizations or individuals, the land price allowance is the price stated in the capital

contribution contract...

6) If a real estate business establishment operates under the form of build-transfer (BT)

and makes payment by the value of land use rights, the land price allowance shall be the

price at the time of signing the BT contract.

Besides, for cases of construction, such as infrastructure operation businesses or

building houses for sale, transfer, or rent, the value-added tax calculation price is

calculated by the amount collected according to the progress of implementation of the

project or the schedule of money collection stated in the contract minus the land price

deducted corresponding to a percentage of the collected amount over the total contract

value.

Decree 49/2022/ND-CP shall officially take effect on September 12, 2022.


 

vietaustralia
Công Ty Kiểm Toán Việt Úc
Kiểm toán Việt Úc là đơn vị chuyên nghiệp, cung cấp các dịch vụ kiểm toán, dịch vụ thuế, dịch vụ tư vấn doanh nghiệp tại Việt Nam và nước ngoài. Kiểm toán Việt Úc hội tụ các chuyên gia nhiều năm kinh nghiệm trong lĩnh vực tài chính và kiểm toán bao gồm các CPA Việt Nam, CPA Úc, và các nhân sự cấp cao từ Big4 như PwC, Deloitte...
Chia sẻ: