On November 20, the government submitted the proposal for a 2 per cent VAT reduction for the first half of 2024 to the National Assembly (NA). This reduction will be applied to goods and services that are currently subject to a tax rate of 10 per cent. However, some experts have proposed extending the application period of the reduction until the end of 2024 and expanding the list of applicable items.
Source: vir.com.vn
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