Business Economy Laos News

Laos Planning to Increase VAT

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The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country.

The decree still lacks specific details regarding the implementation date of the proposed increase, pending approval from various sectors of the Lao government.

Read the original news HERE.

ripavi saunat

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