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New law on real estate tax under consideration

New law on real estate tax under consideration

(SGI) - The National Assembly is currently working on developing a new law on applying tax on real estate, to replace the Law on Agricultural Land Use and Law on Non-Agricultural Land Use. The new Law on Real Estate Tax is expected to be passed by 2025. Under this new law, houses and land will be taxed separately, with higher tax rate applicable on vacant houses.
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Special Consumption Tax needs adjustment

(SGI) - An increase of Special Consumption Tax (SCT) is being considered by the Government while financial experts are proposing a mixed tax method to cover various goals.
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Roadmap needed to remove credit room

(SGI) - Central banks of countries such as Japan, China, Australia, Croatia and the Nordic countries have granted credit lines to their banks. However, as the banking system developed, this mechanism was dismantled.