Japan Promotes Discussion On Value-Added Tax | Lao Tribune

Japan Promotes Discussion On Value-Added Tax

(KPL) The Tax Department of the Ministry of Finance and Japan held a consultation meeting on Jan 8 to learn opinions from the public on Value-Added Tax (VAT).

Currently, Tax Department is preparing several VAT related instructions for effective implementation of the revised VAT Law, which was officially approved by the National Assembly in 2018.

The meeting aimed to publicize the contents of the Law as widely as possible and to incorporate comments from stakeholders including private sector into VAT related instructions since VAT issue is one of several concerns raised at the Lao Business Forum which is a public-private dialogue for resolving challenges facing the private sector and improving the business environment in the Lao PDR.

Source: Lao News Agency