- VAT reduction applicable until 30 June 2025
- Decree 180 issued on January 15, 2025
- 2% VAT reduction for goods and services subject to 10% VAT
- Exclusions include telecommunications, banking, financial activities, and more
- Reduction applies to import, production, processing, and trading stages
- VAT payers under credit method apply 8% VAT, while direct method payers apply 20% reduction to sale revenues
- Effective from 1st January 2025 to 30 June 2025
Source: dentonsluatviet.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
