Land rent halved for manufacturers
03/02/2012 09:03 am
Laws - Entities in the manufacturing sector in 2011 and 2012 will enjoy land rental price reductions of 50%, according to a ruling issued by the Prime Minister.
Under Decision 2093/QĐ-TTg, manufacturing firms are eligible for the cuts if expected to pay land rent of more than twice the amount they paid in 2010.
The land reduction regulation does not apply to trade and services firms and will expire on December 31, 2012.
Under Decision 2093/QĐ-TTg, manufacturing firms are eligible for the cuts if expected to pay land rent of more than twice the amount they paid in 2010.
The land reduction regulation does not apply to trade and services firms and will expire on December 31, 2012.
Source: Nhan Dan
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• Manufacturers decry dubious environmental tax rules (23/02/2012)
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