September 05, 2022 | 09:05

Taxation to curb land speculation

Đỗ Phong

In regard to the draft revised Land Law, the Ministry of Natural Resources and Environment (MoNRE) has said that it will not tax those with many houses but on the use of the land. High tax rates will be imposed on speculators who buy land and projects but then do not invest, instead waiting for the market to increase to sell for profit.

Taxation to curb land speculation
Photo: Illustration
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