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Vietnam Amends VAT Rules: New Exemptions, Deduction Criteria, and Export Product Updates

  • Decree No. 144/2026/NĐ-CP amends VAT regulations.
  • New VAT exemptions cover various insurance types, certain financial services, and specific exported natural resources/minerals.
  • VAT deduction is only allowed for goods/services used in taxable business, requiring separate accounting or deduction by revenue ratio.

Source: baochinhphu.vn

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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