Property industry in Vietnam hits out at new real estate tax based on valuation

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
A property tax system based on home value is unfair and not a*viable option for the growing real estate market in Vietnam,*it is claimed.

As the government works on a new draft law the industry is*arguing that a real estate tax system should be based on the*area in which properties are built rather than on valuations*which are subjective and uncontrolled at present.



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