Stamp Duty Revenue in 2022 Increases 12.7% Y-o-Y

In 2022, stamp duty revenue from real estate ownership transfers collected by the General Department of Taxation (GDT) increased by 12.7% compared to 2021, according to a GDT press release on 31 January. 

In 2022, GDT collected a total of US$3.4 billion, equivalent to 122.54% of the financial law plan for the management of 2022, a 23.96% y-o-y increase. 

In 2022, other tax revenue also maintained growth compared to the same period in 2021 including 23.73% for income tax, 34.10% for value-added tax, 22.45% for salary tax, and 25.7% special tax. 

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