VIETNAM Law and Practice Contributed by: Tran Thai Binh and Duong Thi Minh Han, LNT & Partners
8.5 Tax Benefits Individuals owning real estate may be entitled to tax exemption from the income earned from the trans - fer of residential houses, land-use rights and assets attached to land if those are the only residential houses/land, or the transactional parties have relative relationships provided by law. Corporates investing in certain projects may also be entitled to tax exemption or a tax rate reduction for a certain time.
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