- Vietnamese Ministry of Finance seeks comments on draft proposal to amend VAT Law
- Proposal includes measures to increase revenue threshold for VAT-exempt sales
- Proposal also includes changes to VAT rates, categories of goods exempt from VAT, and regulations on input VAT deductions and refunds
- Specific categories exempt from VAT to be narrowed
- Rules on determining VAT and provisions on invoices and documents to be repealed
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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