The VAT exemption policy for fertilizers thought to be incentives turns out to be mistreatment. Previously, fertilizer products were subject to 5% VAT, but from 2015 onwards, fertilizer products were from 5% value-added tax (VAT) to non-VAT subjects under Tax Law 71.
Source: www.quochoitv.vn
Latest Posts in "Vietnam"
- Vietnam Amends VAT Law: Higher Exemption Threshold, Easier Refunds, and Support for Agriculture
- Vietnam’s 2026 Tax Reforms: Key Changes to VAT, PIT, and Tax Administration Laws
- 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
