VATupdate

Approved – VAT reduced by 30 percent between Nov 1 – Dec 31, 2021

The government is considering a VND21.3 trillion ($932.66 million) tax break, including value-added and corporate income tax, to boost economic recovery after the fourth Covid-19 wave.

The VAT reduction applies to transportation, accommodation, services provided by travel agencies and tour operators, publishing, cinematography, television program production, etc with the exclusion of online traded goods and services.

Source Vietnam Insider

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