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Navigating Lao E-Commerce: Understanding the Latest Tax Regulations

In February 2024, the Ministry of Finance of Laos issued regulation number 0558/MOF which sets out the latest guidance regarding tax obligations for e-commerce and digital platform providers.

The new rules will apply to transactions from August 1, 2024, and also apply to foreign e-commerce providers who are not residents or registered enterprises in Laos but earn income from the country.

  • Imposing tax on the provision of digital services
  • Categorizing digital platform operations
  • VAT filing
  • Penalties for non-compliance

Source: www.aseanbriefing.com

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