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MOEF announce tax reform proposal for 2023: VAT changes

The current VAT law requires electronic service providers to register their businesses with a district tax office but does not specify any penalties for failing to do so. A proposed revision aims to explicitly state that not registering under the simplified business registration scheme will result in a penalty. This revision is expected to become effective on or after 1 January 2024. Moreover, under the current VAT regulations, specific veterinary services, such as vaccination, are exempt from VAT. A proposed revision seeks to broaden the range of VAT-exempt veterinary services and include the treatment of more than 100 common diseases. This change would be in effect after 1 October 2023.

Source: regfollower.com

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