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Vietnam Considers Extending Reduced VAT Rate on Goods and Services Until June 2025

  • Vietnamese Ministry of Finance opened consultation on Draft Resolution No. 142/2024/QH15
  • Proposal to extend reduced 8 percent VAT rate on specified goods and services
  • Proposed extension from Dec. 31, 2024 to June 30, 2025

Source: news.bloombergtax.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.

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