Reform of Rural Collective Property Rights System and Land VAT Policy

The Ministry of Finance and the State Administration of Taxation issued a notice on the policy of land value-added tax reform for rural collective property rights on January 1, 2024.
According to the notice, if village committees and villagers’ groups transfer state-owned land use rights, buildings, and attachments to rural collective economic organizations as required by the reform of rural collective property rights, no land value-added tax will be levied.
Rural collective economic organizations mentioned in the notice should be registered with the agricultural and rural departments, assigned a unified social credit code starting with the letter “N,” and obtain a registration certificate for rural collective economic organizations.

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.