Ca Mau adjusts the land rent exemption period of Free Land Joint Stock Company

Báo Thanh niênBáo Thanh niên25/05/2024


On May 24, the Ca Mau Provincial Tax Department announced that it had adjusted the decision to exempt land rent according to the conclusion of the Government Inspectorate for Free Land Joint Stock Company, the investor of the aquatic feed and microbial fertilizer processing factory project (Khanh An Industrial Park, HU Minh, Ca Mau).

Previously, this unit had reported and worked with the General Department of Taxation on determining that the project of the aquatic feed and microbial fertilizer processing factory was exempted from land rent for the entire lease term with the amount of 25.88 billion VND (only discussed with the professional department, no minutes).

However, the Government Inspectorate concluded that the project of the aquatic feed and microbial fertilizer processing factory is only exempted from land rent for 15 years according to the provisions of Point d, Clause 3, Article 19 of Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government.

The document of the Provincial Tax Department also stated that the unit has adjusted the decision to exempt land rent according to the inspection conclusion. The land rent that Free Land Joint Stock Company still has to pay is more than 18 billion VND. Currently, the company has paid enough to the state budget.

Previously, on March 10, 2023, the Government Inspectorate issued an inspection conclusion notice (No. 716/TB-TTCP), pointing out that the application of land rent and land use fee exemption and reduction policies was not in accordance with the law for the aquatic feed and microbial fertilizer processing factory project.

The aquaculture feed and biofertilizer processing plant was started in February 2019, with a total area of ​​11.87 hectares, at Khanh An Industrial Park (HU Minh, Ca Mau). The plant produces two main product groups: aquaculture feed, with an output of 100,000 tons/year, and biofertilizer, with an output of 50,000 tons/year.



Source: https://thanhnien.vn/ca-mau-dieu-chinh-thoi-han-mien-tien-thue-dat-cua-cong-ty-cp-free-land-185240524173840362.htm

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