VAT Reduced To 7% Under Amendments To Lao Tax Laws
The applicable VAT rate on importing goods and supply of goods and general services will be reduced from 10% to 7% from January 1, 2022
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Tax Laos
Govt Reveals Debt Payment Plan
Revenue earned from potential mining operations, revamped state enterprises and from other as yet untapped sources will be used to pay debts amounting to almost US$14 billion
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Four-Month Revenue Collection Amounts To Only 20 Percent Of 2018 Target
The collection of revenue throughout the nation over the past four months has reached 5,297 billion kip, equal to only 20.81 percent of the figure targeted for the whole of 2018.
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