Land auction to avoid profiteering
Participating in explaining and clarifying issues related to the transfer tax of real estate projects, Minister of Finance Ho Duc Phuc affirmed that he would continue to inspect questionable documents about the transfer.
Firstly, regarding the solution to collect real estate transfer tax, in this regard, the Ministry of Finance has proactively directed the tax authorities as well as coordinated with local authorities and ministries and branches to collect tax. real estate at the transfer price.
The Minister said that at the beginning of January, 2022, after checking 85,000 sets of documents and having to re-declare them, the tax amount increased by VND 222 billion.
Therefore, in the coming time, the Ministry of Finance will focus on inspecting tax records that are doubtful about the transfer that is not in accordance with the declared price according to the tax law to handle according to regulations, including real estate projects.
Second, on land auctions, Minister Ho Duc Phuc emphasized: “It is necessary to tighten up to ensure a tighter auction”.
Accordingly, the investor’s capacity must be determined to allow the project implementation. In fact, only good investors have money to pay land use fees.
In addition, regulations on deposit must be raised. According to the Minister, the current regulation is low, that deposit must be in the account for the auction council to manage, so that when the auction is canceled, the deposit will be lost.
Third, the Minister said that there must be a commitment to implementing the project, avoiding the case that the auction is completed and left unused for years. Because what wastes social assets, because we have to balance between short-term goals and long-term goals.
The long-term goal is that when the auction is completed, the work is completed, thus attracting labor, increasing GDP and fully paying the budget, creating jobs. The immediate goal is to make money.
Fourth, when the state withdraws to serve public interests and national security interests, where the agreement is, it must be according to the agreement, and when the state recovers, it will compensate at the price of the state.
Thursday is about the starting price. The starting price of the land auction is determined in accordance with Decree 44 and Circular 36 of the Ministry of Natural Resources and Environment. However, Decree 44 and Circular 36 must be corrected, because the determined land price is no longer accurate and consistent.
According to the Minister, if these two documents are not corrected, officials will continue to violate them. If not corrected, this inspection team and the other inspection team still give different conclusions.
Minister of Finance Ho Duc Phuc.
Another problem is to allocate land to businesses according to Decree 45, only to collect money. Retail investors collect money from the people but do not give money to the budget but put that money to invest. If there is a risk, the business loses, then obviously we cannot solve the interests of hundreds of thousands, even tens of thousands of households. This is the vulnerability that needs to be correctly identified in order to “seal”.
The National Assembly Standing Committee requested to review, study, amend and supplement regulations related to auction of land use rights, so as not to take advantage of auctions to make profit, especially regulations on land use rights auctions. strictly on conditions for participating in the auction, determining the starting price, price appraisal, and auction forms.
The handling of auctions shows signs of irregularity, with sanctions strong enough to prevent cases of winning auctions but failing to fulfill or not fully performing commitments.
Amend in accordance with regulations governing land relations, properties attached to land, transactions of land use rights, provisions on contracts for deposit when buying and selling, and promises to buy and sell land. band.
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