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Daily Legal News

2010/01/29

New land price in Hanoi

On 29 December 2009, People's Committee of Hanoi city issued Decision 124/2009/QD-UBND stipulating new land prices in Hanoi city for 2010, effectively from 01 January 2010.

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2010/01/27

Disclosure of information on the securities market

On January 15, 2010, The Ministry of Finance issued Circular No. 09/2010/TT-BTC guiding on disclosure of information on the securities market. Accordingly, public companies, issuing organizations making a public offer of bonds, listing organizations, transaction registration organizations, securities companies, fund management companies, securities investment companies, the stock exchanges (SE) and their affiliated persons are subjects to requirement of information disclosure. [+]

2010/01/25

Tax rate on incomes from real estate assignment

According to Circular No. 02/2010/TT-BTC dated 11/01/2010, from 25 Feb, 2010, incomes from real estate transfer will be taxed at the rate of 25%. Accordingly, transfer price stated in the transfer contract and in the tax declaration form shall not less than the price regulated by Provincial People's Committee or not less than price used for counting registration fee regulated by provincial People's Committee at the effective time of the transfer contract. [+]