In the first seven months of 2023, Vietnam’s tax authority has refunded $2.93 billion in VAT to businesses, with 80 per cent of the refunds made under the refund first, audit later scheme.
Source: vir.com.vn
Latest Posts in "Vietnam"
- Key Changes in Amended VAT Law Effective 2026: Thresholds, Tax Methods, and Refund Conditions
- VAT Threshold for Household and Individual Businesses Raised to 500 Million VND from 2026
- VAT Refunds No Longer Dependent on Seller’s VAT Declaration and Payment for Input Invoices
- Strengthening Electronic Invoice Management in Vietnam: Enforcement, Technology, and Compliance to Prevent Fraud
- Vietnam Amends VAT Law: Higher Exemption Thresholds, Refund Reforms, and Major Benefits for Agriculture
