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Should VAT be Reduced by 2% at the Same Time?

Many experts said that it is necessary to apply the policy of reducing value-added tax (VAT) for all items to “remove difficulties” for businesses in the current difficult context.

Recently, to help businesses fully benefit from the value-added tax (VAT) reduction policy, the Vietnam Confederation of Commerce and Industry (VCCI) has proposed the Ministry of Finance to reduce all goods and services from 10% to 8% in the first half of 2024 to have more resources to recover.

Source: diendandoanhnghiep.vn

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