Still no VAT hike proposal to aid business development
April 26, 2024 | 21:47
The amended VAT Law is set to be submitted for approval next month with new content, yet the common tax rate is still proposed at 10 per cent to help businesses through current turbulent times.
Laos restores 10 per cent headline rate of value-added tax
March 20, 2024 | 16:47
The President of Laos on March 19 signed a decree restoring the value-added tax (VAT) rate to 10 per cent to support the country’s budget revenue and contribute to its socio-economic development.
Laos considers raising value-added tax
October 30, 2023 | 12:32
The Lao Ministry of Finance is considering raising the value-added tax (VAT) rate to 10 per cent from 7 per cent in an effort to boost government revenue and support the national economy, local media reported.
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