Vietnam Agrees To Maintain VAT Lower Rates

“..in light of the present difficult conditions for businesses, the National Assembly deputies agreed, temporarily, not to reduce the number of products that enjoy the preferential rate (or those items that are zero-rated), particularly as they are predominantly goods required as inputs for the agricultural sector and essential commodities.”

Picking out sectors to help with VAT rates can be a minefield. Let’s see how this works out.

http://www.tax-news.com/news/Vietnam_Agrees_To_Maintain_VAT_Lower_Rates____60208.html

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , . Bookmark the permalink.

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