Preventing false declaration of real estate prices, Tax Department sends an open letter

The letter from the Hanoi Tax Department reads: Because real estate, land, and houses are great assets, associated with the lives of families and individuals, and the law stipulates that this is an asset subject to registration of ownership and rights. land use, so when buying and selling, establishing accurate and complete records is extremely important.

Transfer and registration documents are the legal basis to ensure the legitimate rights and interests of users, ownership and civil transactions, if any.

Open letter from Hanoi Tax Department

Recently, the Tax Department of Ho Chi Minh City. Hanoi has propagated to taxpayers in the area in many forms to convey the message “Taxpayers are honest about declaring the actual price of real estate transfer on the transfer contract as well as when declaring the actual price of real estate transfer. declare tax obligations arising to protect their own interests”.

However, according to this unit, the status of declaring transfer prices on notarized contracts, declaring and paying taxes and fees not at the actual price is quite common.

The Hanoi Tax Department recommends that taxpayers have the responsibility to declare accurately, truthfully and fully all the contents in the tax declaration dossiers or financial obligation determination dossiers; be responsible for explaining and supplementing information and documents fully and on time at the request of tax administration agencies.

Tax administration agencies are responsible for checking taxpayer information declared on tax declaration dossiers and performing tax calculation and tax notification to taxpayers. In case the information on the taxpayer’s tax return is incomplete or inaccurate, the tax administration agency has the right to refuse to accept the tax return or notify the taxpayer to explain and supplement information. document.

Tax administration agencies have the right to impose taxes and impose penalties for tax-related administrative violations in accordance with the law on tax administration, for acts of false declaration or tax evasion that are not serious enough to be prosecuted for penal liability.

In case of violating the tax law and showing signs of tax evasion as prescribed in Article 47 of the Penal Code No. 12/2017/QH14 dated June 20, 2017, the Tax Administration will transfer the file to the tax authority. investigation agency in accordance with the law.

The Tax Department makes a series of recommendations for taxpayers to avoid unnecessary legal risks as well as when disputes and lawsuits arise due to the incorrect declaration of real estate transfer prices. real and complete.

Specifically, the City Tax Department. Hanoi recommends that taxpayers strictly abide by tax laws and other relevant laws when declaring transfer prices on notarized contracts and when declaring tax and fee obligations. At the same time, fight, detect and notify tax authorities and competent authorities of all acts of false declaration, fraud and tax evasion related to real estate trading and transfer activities.

Luong Bang