NA Approves Two amended Laws | Lao Tribune

NA Approves Two amended Laws

The National Assembly approved on Wednesday, Jun 20, 2018 amendments to the Law on Value Added Tax and the Law on Lao Front for National Development.

The amendments to the Law on Value Added Tax aim to ensure value added tax management, monitoring and inspection is effective; promote commercial production, services, investment and export, increasing government revenues, and creating favourable conditions for national integration into regional and international communities as well as the national socio-economic development, said Deputy Prime Minister and Minister of Finance Somdy Douangdy.

Source: Lao News Agency