The government has instructed the finance ministry to draft a proposal for Parliament, recommending a six-month extension of the 2% reduction in value-added tax (VAT) until mid-2024.
This move follows the January 1 increase in gasoline prices due to environmental tax hikes.
Source: GVC
Latest Posts in "Vietnam"
- Vietnam Expands E-Invoicing to Businesses with Sales Over VND 1 Billion
- VAT Reform for Agriculture: Cutting Costs, Easing Procedures, and Boosting Export Competitiveness
- National Assembly Debates VAT Law Amendments to Streamline Refunds and Support Agriculture
- Proposed VAT Law Amendments Aim to Ease Business Obstacles in Agriculture and Animal Feed Sectors
- Removing Bottlenecks in VAT Refunds to Support Disaster Recovery and Agricultural Business Restoration
