According to the PM’s Decision No.27/2021/QD-TTg, the beneficiaries include organisations, units, enterprises,households, and individuals who directly lease land from the State undercompetent State agencies’ decisions or contracts and make rent payment annually.
The rent cut also covers those thatare not entitled to land rent exemptions or reductions, as well as those who arebenefiting from land rent reductions in line with other legal regulations on land andrelevant rules.
The land rent they have to pay in 2021will be slashed by 30 percent. Meanwhile, the reduction is not applied to therent in previous years that hasn’t been paid or rent arrears.
To those who are entitled to the cutbut have already paid the 2021 land rent, they will have the rent for the followingperiod or year reduced. Those who don’t have a following period to pay landrent will have their excessive payment refunded in conformity with legalregulations on tax management and relevant rules./.