- The 2% VAT reduction will be extended until 30 June 2024.
- The VAT rate of 8% will be applied to goods and services currently subject to 10% VAT.
- The reduced VAT rate does not apply to telecommunications, information and technology, banking and finance activities, securities, insurance, real estate, metals, prefabricated metal products, coke, refined petroleum, chemical products, and products and services subject to excise tax.
Source: dentonsluatviet.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.
