Ha Noi Tax Department Recommends When Transferring Real Estate

Hanoi Tax Department has just had open letters sent to economic organizations, households and individuals on the observance of law when carrying out procedures for buying, selling and registering houses and transferring land use rights in the city Hà NOA.02: 00/1: 42nam Northern Many land transactions declare low prices to avoid high tax payments. Artwork, source: Vietnam According to Hanoi Tax Department, land real estate, houses are large assets, associated with the lives of families and individuals. The law stipulates that this is the property to register for ownership and land use rights. Therefore, when buying and selling real estate transfer, setting up careful, accurate, full, very important records

. Transfer dossiers and registration is a legal basis to ensure legitimate rights and interests for users, ownership and civil transactions if available. Last time, because many different causes have cases Immediately declare the trading price of land and real estate and houses, including cases of illegal consultancy. The consequences can be long-influential to all buyers - sell and involvement
The declaration of unsuitable real estate transfer prices on the purchase and sale contract or on declarations of decreasing tax obligations The payable tax amount is a violation of the law, potentially risks such as: when complaining complaints, complaints, denunciations and other legal situations. The determination and declare wrong value of assets to Reducing tax payments may cause troubles and damages if the tax authority, the legal protection agency verifies when suspected of a time to evade taxes. So Hanoi Tax Department recommends the teams Economic, household and individuals when incurred transactions purchasing, selling and transferring real estate to carry out procedures carefully, accurately, in accordance with regulations and honesty on transfer prices Real estate on the purchase and sale contract, as well as when declaring tax obligations arising to protect the government's government and real estate sellers. People have declared a lower real estate purchase and sale price, for some reason not to be adjusted on the notarized purchase and sale contract, people can actively contact the agency Taxes in the place where the purchase, sale and transfer of activities to declare additional adjustment of personal income tax obligations and registration fees to avoid tax troubles may arise when the tax authorities and Legal protection agency performs investigation verification.

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