- Ministry of Finance releases draft value added tax (VAT) amendment law in Vietnam
- Public views and comments sought on the draft legislation
- Notable changes include goods and services not subject to VAT, VAT rates, input VAT credit, and cases eligible for VAT refund
- Draft legislation to be proposed to the National Assembly in May 2024
- Approval of the legislation expected in October 2024
Source: kpmg.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.
