Decree No. 44/2023/ND-CP includes measures: 1) allowing businesses calculating VAT by the credit method to apply an 8 percent reduced VAT rate for specific goods and services; 2) allowing businesses and entrepreneurs calculating VAT by the turnover percentage method a reduction of 20 percent of the percentage rate to calculate VAT, when issuing invoices for goods and services eligible for VAT reduction; 3) reducing the VAT rate to 8 percent on specific groups of goods that …
Source: news.bloombergtax.com
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