LVAT is calculated at four-level progressive rates as below.
| Level | Tax base | Tax Rate |
| 1 |
The part of the appreciation amount not exceeding 50% of the sum of deductible items |
30% |
| 2 |
The part of the appreciation amount exceeding 50%, but not exceeding 100%, of the sum of deductible items |
40% |
| 3 |
The part of the appreciation amount exceeding 100% , but not exceeding 200%, of the sum of deductible items |
50% |
| 4 |
The part of the appreciation amount exceeding 200% of the sum of deductible items |
60% |
