Circular No. 140/2015/TT-BTC amends and supplements Circular No. 124/2011/TT-BTC of the Ministry of Finance on stamp duty on real estate transactions. The new point is the exemption of stamp duty on public passenger transport vehicles using clean energy buses.
Key points
- Public passenger transport vehicles using clean energy buses are exempt from stamp duty on real estate transactions.
- This Circular takes effect from October 20, 2015.
🌐 Social impact of this document
- Positive impact: Reduces costs for owners of clean energy buses, encourages the development of sustainable public transportation.
- Negative impact: No clear impact on other people and businesses.
❓ Frequently asked questions
Are there any types of vehicles that are exempt from stamp duty on real estate transactions?
Public passenger transport vehicles using clean energy buses such as liquefied natural gas, natural gas, and electric power replacing gasoline and diesel, meeting technical criteria set by the Ministry of Transport, are exempt from stamp duty on real estate transactions.
Stamp duty on real estate transactions applies to which type of vehicle?
This Circular only stipulates stamp duty on real estate transactions for clean energy buses, not mentioning other types of vehicles.
When does this Circular take effect?
Circular No. 140/2015/TT-BTC takes effect from October 20, 2015.
Which buses are exempt from stamp duty on real estate transactions?
Clean energy buses such as liquefied natural gas, natural gas, and electric power replacing gasoline and diesel are exempt from stamp duty on real estate transactions.
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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Number: 140/2015/TT-BTC |
Hanoi, September 3, 2015 |
CIRCULAR
AMENDMENTS AND SUPPLEMENTS TO CIRCULAR NO. Circular No. 124/2011/TT-BTC dated August 31, 2011 of the Ministry of Finance guiding stamp duty
On the basis of the Law on Tax Administration and the Government Decrees detailing the implementation of the Law on Tax Administration;
Pursuant to the Decree on Fees and Charges;
Pursuant to the Government Decree No. 45/2011/NĐ-CP dated June 17, 2011 on registration fees;
On the basis of Government Decree No. 23/2013/NĐ-CP dated March 25, 2013 amending and supplementing certain articles of Government Decree No. 45/2011/NĐ-CP dated June 17, 2011 on stamp duty;
On the basis of Decision No. 13/2015/QĐ-TTg dated May 5, 2015 of the Prime Minister on mechanisms and policies to encourage the development of public passenger transport by bus;
Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013, promulgated by the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
At the proposal of the Director General of the State Revenue总局局长的提议；
The Minister of Finance hereby issues this Circular amending and supplementing Circular No. 124/2011/TT-BTC dated August 31, 2011 of the Ministry of Finance guiding stamp duty as follows:
Article 1. Supplement Clause 7 to
Article 8 of Circular No. 124/2011/TT-BTCdated August 31, 2011 as follows:
"7. Stamp duty shall be exempted for public passenger transport vehicles by bus using clean energy.
Public buses using clean energy that are eligible for stamp duty exemption are those using liquefied natural gas, natural gas, or electricity as substitutes for gasoline and diesel, meeting the technical criteria set forth by the Ministry of Transport."
Article 2. Effective Date
1. This Circular takes effect from October 20, 2015.
2. In case of any difficulties during implementation, organizations and individuals are requested to promptly report to the Ministry of Finance for further study and supplementary guidance.
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Place of Receipt: |
DEPUTY MINISTER |
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