CÔNG TY CỔ PHẦN BÊ TÔNG ĐĂNG HẢI

08/04/2020 11:50:11 AM) Ho Chi Minh City Ministry of Construction and Real Estate Association (HoREA) are studying the proposal, proposing the Government to consider adding capital to social housing as well as reducing tax for social housing construction businesses for rent.
 

Accordingly, the Ministry of Construction is studying the proposal to supplement capital for social houses like the previous VND 30 trillion package, because there is little capital under the law and decree for social housing. Proposals of the Ministry of Construction, policy and commercial banks are granted interest compensation, if approved, this stimulus package will stimulate the market, creating conditions to buy houses for homebuyers who need real accommodation. but low income, as well as supporting investors when capital is difficult. Especially, as social housing develops, it will promote construction materials, labor, furniture and many other related industries.

Recently, HoREA has also sent a written request to the Government and the Ministry of Finance and Ho Chi Minh City People's Committee to reduce 70% of value added tax and corporate income tax for social housing construction enterprises for rent. According to HoREA's report, in 2015, in order to encourage the development of rental real estate to serve low-income and disadvantaged people, the Government issued preferential policies for investors to enjoy a 70% reduction of value-added tax. increase (VAT) and corporate income tax. This policy is included in Clause 2, Article 9 of Decree 100/2015.

However, when applied in practice, businesses are not entitled to this interest rate due to different decrees and laws, so HoREA proposed the General Department of Taxation and the Ministry of Finance to study and submit to the Prime Minister and Standing Committee of the National Assembly for consideration. consider reducing 70% tax in the spirit of Decree 100 and amending relevant laws to ensure consistency.

HoREA has also proposed solutions to support real estate businesses to overcome the Covid-19 pandemic and prepare to resume operations after the pandemic. Specifically, the Government is requested to consider supplementing to real estate businesses that are considered for a 5-month extension of VAT amounts of March - June 2020 to draft Government Decree on time limit for paying taxes and land rent to entities affected by Covid-19.

Consider and guide the Vietnam Social Insurance to allow 5-month extension of social insurance debts of March - June 2020 for businesses, including real estate businesses, directing commercial banks extend the schedule of loan repayment, pay interest on credit loans; consider reducing interest rates and not shifting the (worse) group of debts to enterprises' due debts. At the same time, considering removing obstacles and difficulties in the administrative process of implementing the procedures for investment in construction of housing projects with mixed land funds (including residential land, agricultural land ...); dealing with State-controlled land interlaced in commercial housing projects ... to create conditions for the real estate market to recover and grow again right after the Covid-19 pandemic passed

ximang.vn (TH/ DNSG)