- Announcement on the Land Appreciation Tax Policy for the Reform of the Rural Collective Property Rights System
- Issued by the Ministry of Finance and the State Administration of Taxation, No. 3 of 2024
- Effective from April 16, 2024
- Village committees and villagers’ groups are exempt from land appreciation tax when transferring state-owned land use rights and buildings to rural collective economic organizations as part of the reform of the rural collective property rights system.
Source: lexiscn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
