Two departments: If the state-owned land use rights, above-ground buildings and their attachments are transferred or changed to the name of rural collective economic organizations, land value-added tax will not be levied temporarily.

If villagers\’ committees or villagers\’ groups transfer or change state-owned land use rights, buildings on the ground and their attachments to the name of rural collective economic organizations in accordance with the requirements of the reform of the rural collective property rights system, land value-added tax will not be levied temporarily.

Announcement on the land value-added tax policy for the reform of the rural collective property rights system. Announcement No. 3 of 2024 of the Ministry of Finance and the State Administration of Taxation. In order to further promote the reform of the rural collective property rights system, the relevant land value-added tax policy is hereby announced as follows: Village committees and villager groups shall follow the rural collective property rights The system reform requires that if the state-owned land use rights, buildings and attachments on the ground are transferred or changed to the name of rural collective economic organizations, land value-added tax will not be levied temporarily.

The rural collective economic organizations referred to in this announcement shall be registered with the agricultural and rural departments in accordance with regulations, be assigned a unified social credit code starting with the letter \”N\”, and obtain a \”Rural Collective Economic Organization Registration Certificate\”.

This announcement will be effective from January 1, 2024.

Special announcement.

Ministry of Finance, State Administration of Taxation April 16, 2024

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