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Submitted by ctv_en_5 on Sat, 11/21/2009 - 19:26
On November 21, deputies at the sixth session of the 12th National Assembly (NA) chaired by Vice NA Chairman Nguyen Duc Kien gave opinions on the draft Law on House and Land Tax.

Most NA deputies said that it is difficult to put the law into effect as the foundation for its feasibility has not yet been perfected and house owners should not been subject to tax payments.

They agreed with the NA Committee for Finance and Budget Affairs that a house is property closely attached to people’s long-term efforts to accumulate wealth so, people must to fulfill tax obligations including paying personal income tax before saving money to build a house.

A house is a sensitive issue that has a direct impact on everyone and controlling house area and evaluating value are complex issues. In the context of current economic difficulties, imposing an additional tax will cause problems for people. NA deputies said that a tax should be imposed on land owners, not house owners, and the issue should be considered further to ensure its feasibility before its implementation.

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