- The Vietnamese Ministry of Finance initiated a consultation on November 27 to discuss a draft decree
- The decree aims to abolish Decision No. 78/2010/QD-TTg
- This decision currently allows VAT exemption for small or nominal goods imported via express delivery services
- The proposed changes include ending the VAT exemption for small value express import goods
- The goal is to align these regulations with the broader VAT law
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.
Latest Posts in "Vietnam"
- VAT Declaration and Payment Schedules Based on Annual Revenue Thresholds for Households and Businesses
- Vietnam VAT Refunds: Buyers No Longer Dependent on Seller Declarations Under 2025 Law Amendments
- Guidelines for VAT and Personal Income Tax Filing for Business Households and Individuals
- Guidance on 0% VAT Rate for Exported Goods and Bonded Warehouse Transactions in Vietnam
- VAT Refunds for Investment Projects and VAT Application on Cement and Clinker Exports
