Laos government has change Value Added Tax rate from 7% to 10% in 2024

Laos government has change Value Added Tax rate from 7% to 10% in 2024

This regulation specifies the change of value-added tax rate as stipulated in the tax law, as per Article 01, paragraph 2, of the tax law dated July 07, 2021, and Article 17, paragraph 1, of the value-added tax law, which states that value-added tax is calculated at seven percent (7%), change to ten percent (10%).

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